(HFM) Redemptions, portfolio reviews and restructures have dominated headlines, with a number of sizeable institutions making significant changes to their hedge fund exposures, and sometimes, their broader portfolios. The industry saw $77bn in net outflows YTD October, reflecting a difficult […]

(New York Post) Sears Holdings CEO Eddie Lampert is throwing more money at his shriveling retail empire. The hedge fund billionaire, who is the largest shareholder in Sears, has extended a $200 million letter of credit to the struggling department-store […]

(FinAlternatives) Carl Icahn took aim at environmental and banking regulations on Thursday, saying overregulation has stifled corporate investment in the U.S. and that he would continue urging President-elect Donald Trump to revise them in his new role as “special advisor […]

(Harvest) On Wednesday December 14 , the US Federal Reserve (“the Fed”) announced a rate hike of 25 basis points, bringing the range of the federal funds rate to 0.50% to 0.75%. The rate hike is the second in a […]

(All About Alpha) In a new white paper, CaseyQuirk has identified four catalysts said to be driving change in the active asset management world: New buyer demands emphasizing different value propositions for asset managers…Skepticism regarding active management, fueling growth for […]

(Valuewalk) In my last post, I pointed to the shift towards passive investing that has accelerated over the last decade and argued that much of that shift can be explained by the sub-par performance of active investors. I ended the […]

(Valuewalk) 1. Increasing investor sophistication is driving transparency; 2.Back-office functions now play a greater role in investor relations than ever before; 3. The black box is not a strategy anymore; investors need to understand the process… To read this article:

(Fortune) As far as financial returns go, 2016 was actually pretty good for hedge funds—at least compared to the last couple of years. But several of the industry’s bigwigs still took it on the chin this year… To read this […]

(Harvest) That was the word Jackie Gleason used to characterize the proposed reprisal of ‘Minnesota Fats’ in The Color of Money, 1986’s sequel to The Hustler. Chances are Paul Newman himself, who had at least 36 script conferences with the […]

(HITC Business) Deutsche Bank sought to reassure staff about its financial strength on Friday, in the wake of a $7.2 billion (5.87 billion pounds) settlement with the U.S. Department of Justice (DoJ) over its sale and pooling of toxic mortgage […]

(The Business Insider) The money-management industry has a diversity problem. Morningstar’s global study out earlier this year showed that only one in five mutual-fund managers is a woman – a rate that hasn’t budged since 2008… To read this article: