(Reuters) The founder of hedge fund TCI said on Thursday he expected U.S. firm Charter Communications to carry out large share buybacks and could eventually receive a takeover bid from Verizon. “Margins are going to be much higher than consensus […]

(Valuewalk) As Michigan State University announces it is dropping allocation towards traditional hedge funds in favor of quants, with the fabled Renaissance Technologies at the top of their list, the search for new quantitative methods to replicate success expands. Two […]

(Harvest) Low volatility (a.k.a. flavor of the month) has recently fallen out of vogue. Over time, financial markets always see massive fund flows that cause bubbles to form and eventually burst, more recently in tech stocks, real estate, commodities and […]

(Reuters) Fixed income products attracted $132 billion of net inflows in the third quarter, the latest data from research provider eVestment showed on Tuesday. Although there has been talk of a “great rotation” out of deflation plays such as bonds […]

(HITC) Reuters reports that the shift in strategy, which has cut the size of Morgan Stanley’s commodities business by roughly two thirds, was largely forced on the bank by post-financial crisis regulations that banned banks from using their own money […]

(Bloomberg) Emerging Sovereign Group, the $3.5 billion firm backed by Julian Robertson, is shuttering one of its hedge funds, according to a person with knowledge of the matter. The Emerging Sovereign Master Fund, which focuses on macro events, has about […]

(Bloomberg) Knight Assets & Co., a London-based investment firm led by former Deutsche Bank AG and Bank of America Merrill Lynch employees, has raised about $300 million for a new equity-focused fund that will not charge management fees, according to […]

(Bloomberg) The past two years have been tough on hedge funds, and active money managers in general. Sitting on an index fund provided better returns in almost every asset class. Donald Trump’s election as president of the U.S., however, has […]

(Reuters) Massachusetts, already a large investor in some of the world’s biggest hedge funds, wants to hire an adviser to help find smaller managers that could improve the $63.2 billion state pension fund’s risk and return profile. The Pension Reserves […]

(Reuters) Market strategists believe the U.S. equity market rally could extend well into 2017 if President-elect Donald Trump’s plans to stimulate the economy with infrastructure spending and financial deregulation actually come to fruition, according to a new Reuters poll. To […]

(The Business Insider) Emerging Sovereign Group is shutting one of its hedge funds after redemptions from investors, according to people familiar with the matter. Emerging Sovereign Group managed about $3.5 billion as of mid-year, roughly a 26% drop in assets […]

(Bloomberg) The basic idea of insider trading law is that if you work for a company, and you get important secret information about that company in the course of your work, you can’t steal that information and use it for […]