(Harvest) June was mostly a slow month for most of the asset classes. In the stock market, there was a blip of movement (one day down 1.5%), but in this relentless bull market, it felt like a 10% correction. Still, […]

(Bloomberg) Man Group Plc has shut a quantitative trading unit after deciding to focus on other strategies, according to a person with knowledge of the matter. The “quantitative incubating” unit, part of Man Group’s $18.8 billion AHL division, was opened […]

(FINalternatives) Emerging hedge funds outperform their more established peers in their first three years, according to new research from Preqin, booking consistently higher returns than the industry at large and with volatility roughly on par with the rest of the […]

(FINalternatives) H.I.G. WhiteHorse, the direct lending affiliate of global private equity company H.I.G. Capital, has raised $1.1 billion in aggregate commitments for a pair of new loan funds that will focus on tailored senior secured financing solutions for lower middle-market […]

(Reuters) The U.S. government has sought to intervene in Apple’s (AAPL.O) appeal against an EU order to pay back up to 13 billion euros ($14.8 billion) in Irish taxes, a source familiar with the matter said on Tuesday. iPhone maker […]

(Opalesque) A quant trader based in Bodrum, Turkey, has been developing a market timing strategy for the last six years and has found a way to make it an effective one. As most fund managers have given up on market […]

(The Business Insider) Reuters reports New York-based Saba Capital Management, famed for its winning bet against the JPMorgan Chase trader known as the ‘London Whale’, is closing its office in London’s Mayfair district, two sources close to the situation told […]

(Bloomberg) Jim Fong, portfolio manager at hedge fund Quam Asset Management Ltd., has something to say to the short sellers who have become increasingly active in Hong Kong’s markets: Thank you. “When a short seller comes out with a report, […]

(FINalternatives) Litigation finance specialist Burford Capital has raised $500 million for a new fund that will concentrate on litigation-related complex strategies. To read this article:

(Reuters) Four former top Barclays (BARC.L) executives appeared in court in London on Monday to face charges that they conspired to commit fraud during the bank’s 12 billion pound ($15.56 billion)emergency fundraising in 2008. Former Chief Executive John Varley along […]

(FINalternatives) Hedge fund returns were widely dispersed last week as rising bond yields and falling energy prices boosted fixed income managers but hammered CTAs and long/short equity funds. To read this article:

(Bloomberg) Activist hedge fund Corvex Management has built a stake in Clariant AG in a move designed to undo the Swiss chemicals maker’s $6.4 billion planned takeover of Huntsman Corp., according to people with knowledge of the situation. Corvex, which […]