(Bloomberg) E. Lee Hennessee, who started one of the first hedge-fund advisory firms and created an industry performance index before getting ranked among New York’s 50 most-powerful women, has died. She was 64. She was found dead Oct. 29 at […]

(Harvest) A sophisticated DFA-focused advisor asked us to conduct some research on the following question: Are there additional portfolio diversification benefits to combining concentrated portfolios of value and momentum stocks relative to combining less concentrated portfolios of value and momentum […]

(Harvest) Variable Rate Demand Notes (VRDN) are a vehicle for investors to meet their needs for principal preservation, liquidity and competitive yields, as well as a means to achieve the tax advantages of municipal bonds. To read this article:

(FinAlternatives) Global investors raised their cash levels to 16-month highs in October by selling off bonds, according to a new Reuters poll, amid fears that the multi-decade bull market in bonds is actually nearing an end. To read this article:

(FinAlternatives) Former Silver Rock Financial executives David Goldburg and Adam Scotch are close to launching their new event-driven hedge fund firm early next year, and are partly banking on an innovative fee structure to raise capital. To read this article:

(Bloomberg) Cliff Asness, founder of $172 billion AQR Capital Management, said he’s skeptical that new techniques in machine learning will supplant humans in fundamental investment decision-making. Speaking at the Sohn Canada conference presented by Capitalize for Kids, Asness said machine […]

(Bloomberg) Hedge funds jettisoned bullish bets on U.S. natural gas after prices plunged 15 percent in a week, the steepest drop in a year. Money managers cut their net-long position in gas contracts by 6 percent, the most since August. […]

(Reuters) David Einhorn’s Greenlight Capital sold out of its profitable stock holdings in UK telecommunications company Vodafone Group Plc (VOD.L) and German chemical business Evonik Industries AG (EVKn.DE), according to a letter sent to investors Friday and seen by Reuters. […]

(Harvest) Be it how hedge fund returns have been struggling over the past year or how index funds have been gaining some traction, there has seemed to be much in the financial media over the past few weeks about the […]

(Bloomberg) As a number of prominent pension funds stop using external managers they say charge too much in exchange for paltry returns, the biggest pension fund in Denmark is bucking the trend and sticking with the hedge funds it uses…. […]

(New York Post) Bill Ackman is betting good times are about to return to his Pershing Square hedge fund. The embattled activist investor, whose fund was down 18.8 percent through Sept. 30 after falling 20.5 percent in 2015, will give […]

(Reuters) Pine River Capital Management has lost a veteran portfolio manager and his team to rival Paloma Partners, three people familiar with the move said on Friday, the latest in a string of exits from the U.S. hedge fund. Michael […]