(Crain’s Chicago Business) The Illinois State Board of Investment, one of the state’s biggest pension funds, soon will have jettisoned all but its best performing hedge funds because of low returns and high fees. Over the past 18 months the […]

(Reuters) Retired chauffeur Yao Huiliang used to spend his days trading small-cap Chinese stocks, trying to make quick money on sharp moves – casino-type behavior often seen in China’s stock markets. But having lost on such bets recently, he is […]

(FINalternatives) Assets under management in the hedge fund industry hit its fourth consecutive quarterly record in Q2/17, reaching $3.1 trillion as investor allocations outweighed redemptions for the first time since the third quarter of 2015. Industry capital increased by $34.1 […]

(HITC Business) Executives inside Deutsche Bank, Donald Trump’s personal bankers, are expecting that the bank will soon be receiving subpoenas or other requests for information from Robert Mueller, the special counsel who is investigating possible collusion between the Kremlin and […]

(The Business Insider) The regulatory agenda released by the Trump administration on Thursday contained a signal that the U.S. government has halted its work on restricting Wall Street execs’ bonuses and other pay incentives… To read this article:

(Reuters) International Bank of Azerbaijan (IBA) said a plan to restructure US$3.3bn of its debt won approval from creditors holding 93.9% face value of the affected credits. Claimants with 94.1% of the principal amount cast votes, the state-run bank said […]

(Valuewalk) Our previous articles have raised numerous red flags about Ominto Inc. ($OMNT) which appears to us to be one of the most obvious frauds we have seen in some time. Putting aside that it trades at an outrageous valuation […]

(Opalesque) The European Fund and Asset Management Association (EFAMA) and the International Capital Market Association’s (ICMA) Asset Management and Investors Council (AMIC) published on 19 July a joint paper analysing how and why leverage is used in investment funds in […]

(Harvest) Automated execution is taking over futures markets. Actually, the battle is over. Voice (non-electronic) and manual execution are reserved for illiquid products, old school firms, smaller traders, those who may be undertaking spreads, complex legged or option strategies, roll […]

(FINalternatives) Assets under management in the hedge fund industry hit its fourth consecutive quarterly record in Q2/17, according to Hedge Fund Research, reaching $3.1 trillion as investor allocations outweighed redemptions for the first time since the third quarter of 2015. […]

(FINalternatives) London-based alternative asset manager Trium is reportedly prepping a new UCITS-complaint version of an existing Cayman Islands-based global long/short equity fund that concentrates on underfollowed or thinly researched large-cap stocks. To read this article:

(Morningstar) Despite already losing ground, active funds are vulnerable to further incursions by low-cost passive funds. Passive funds could capture another 10 percentage points of market share in the next decade or so.To adapt, the active-fund industry must shrink, cut […]