Category Archives: Syndicated
US Treasuries Rally Turns Some Investors Cautious: JPMorgan
(Reuters) Some investors turned cautious on longer-dated U.S. Treasuries as benchmark yields reached five-month lows on safe-haven bids due to weak U.S. data and geopolitical concerns, J.P. Morgan’s latest Treasury client survey showed on Tuesday. The share of “neutral” investors […]
Banks and Hedge Funds Aligned on Poor Prospects For Wheat Prices
(Agrimoney) Analysts concur with hedge funds that wheat prices may be in for a long spell of weakness, but are more upbeat on prospects for cocoa and soybean futures, and more pessimistic on cotton values. Banks, including Australia & New […]
Liquid Alternatives Gain $17.6B in AUM As Fund Numbers Contract
(FINalternatives) Investors continued to allocate capital to liquid alternative strategies during the first quarter, according to Q1 2017 edition of the Wilshire Liquid Alternatives Industry Monitor, although the net number of funds fell. To read this article:
Rhode Island Names GSAM’s Stais As Pension Fund CIO
(FINalternatives) Rhode Island has named former Goldman Sachs Asset Management executive Alec Stais as chief investment officer of the state’s Treasurer’s office, including oversight of the company’s $7.9 billion Employees’ Retirement System of Rhode Island pension fund. To read this […]
Opus Fund Services Unveils New Admin Platform For Marketplace
(FINalternatives) Fund administration specialist Opus has announced the launch of a new system designed to ease the burdens of loan-level accounting for marketplace lending portfolios. To read this article:
Einhorn’s Greenlight Claims GM Misled Credit Raters on Stock
(Bloomberg) Billionaire David Einhorn’s Greenlight Capital doubled down on its pitch for new General Motors Co. dividend shares, saying the carmaker misrepresented the hedge fund’s proposal for a stock split to sway ratings agencies to opine against it. GM presented […]
Morgan Stanley Compliance Chief Fenrich Leaving for Hedge Fund
(Reuters) Morgan Stanley’s chief compliance officer Billy Fenrich is leaving the firm just over a year after being named to the position.Fenrich will be replaced by Raul Yanes, according to an internal Morgan Stanley memo reviewed by Reuters, which was […]
Pierre Andurand’s Commodities Fund Lost 11.6 Pct in Q1
(Reuters) The Andurand Commodities Fund, run by asset manager Pierre Andurand, lost 11.6 percent in the first quarter of the year, according to a document prepared by a bank seen by Reuters. The $1.53 billion hedge fund continued its descent […]
Why You Shouldn’t Judge a Hedge Fund by Its Name
(Bloomberg) What’s in a name? For hedge fund investors, sometimes a warning sign. Hedge funds often choose names with words that reflect authority, stability and power — i.e. words with gravitas. Now a report from researchers at the University at […]
SEC Probes Hedge Fund That Promises Investors No Losses
(Bloomberg) Statim Holdings Inc., an Atlanta-based firm that has guaranteed investors in its main hedge fund won’t lose money, is under investigation by the U.S. Securities and Exchange Commission, according to people familiar with the matter. The SEC inquiry into […]
Larry Fink Q&A: “I Don’t Identify as Powerful”
(Bloomberg) Is $5.1 trillion enough? Not if you’re Larry Fink. The man who built BlackRock Inc. and helped popularize exchange-traded funds now has ambitions to turn the world’s largest asset manager into something more like Google. It’s all about Aladdin, […]
This is Where The ‘Smart Money’ is Going
(CNBC) Now is a good time to be looking at emerging markets since their valuations are attractive relative to the U.S. market, strategist Luciano Siracusano told CNBC.”People are hedging because if you don’t get a Trump fiscal plan, the other […]