Category Archives: Syndicated
Chinese Hedge Funds Scramble as Regulators Clean Up ‘Wild East’
(Reuters) China’s hedge fund industry has been thrown into disarray as managers rush to comply with stringent new rules, introduced overnight, that could see over half the industry shut down by August, fund managers and lawyers told Reuters. Domestic and […]
Stock Market Myths, and What’s Wrong With The Economy
(Harvest) Over the decades we have all learned to accept that earnings drive stock prices. Rising earnings – rising stock markets and stocks. Falling earnings – falling stock markets and stocks. In fact, there have been numerous studies, using current, […]
ESMA Provides Hedge Fund Managers With Plan for Supervisory Convergence
(Hedge Fund Law Report) The European Securities and Markets Authority (ESMA) recently published its Supervisory Convergence Work Programme for 2016 (2016 SCWP), which supplements its Annual Work Programme for 2016. See “ESMA Work Programme Provides Hedge Fund Managers With Key […]
Brevan Howard Said to Cede Management of $450 Million Hedge Fund
(Bloomberg) Brevan Howard Asset Management is giving full control of a systematic trading hedge fund to David Gorton as billionaire Alan Howard focuses on macro strategies, according to a person with knowledge of the matter. Gorton’s London Diversified Fund Management […]
Brummer’s Backing Boosts Greenig Hedge Fund to $900 Million
(Bloomberg)Douglas Greenig, the former chief risk officer at Man Group Plc’s AHL unit, said he raised about $500 million from Brummer & Partners this month, more than doubling the assets managed by the hedge fund he started last year. The […]
The Best and Worst of February: Long/Short Equity Funds
(Daily Alts) Long/short equity mutual funds and ETFs suffered another month of losses in February, falling 0.33% in the aggregate versus a drop in the S&P 500 Index of 0.13%. Of the universe of 179 funds with a full month […]
Current and Former Directors of SEC Division of Investment Management Discuss Hot Topics Under the Investment Company Act
(Hedge Fund Law Report) The Practising Law Institute’s 2016 Investment Management Institute began with a keynote address by David Grim, the current Director of the SEC Division of Investment Management, followed by a panel discussion with two former Directors of […]
Finding an Edge in Catalyst Investing
(Harvest) “I believe that in order to act on anything, you need to have a level of trust. Particularly in a sector which unfortunately breeds some unscrupulous people.” Jim Osman, CEO, The Edge. For the exclusive benefit of Harvest readers, […]
10 Questions for Asset Managers Prepping for the DOL Fiduciary Rule
(Harvest) In January, the Department of Labor (DOL) delivered its final fiduciary rule to the Office of Management and Budget for review. Also known as the Conflict of Interest rule, it updates the standards by which advisors to retirement plans […]
Chinese Hedge Funds Scramble As Regulators Clean Up ‘Wild East’
(Reuters) China’s hedge fund industry has been thrown into disarray as managers rush to comply with stringent new rules, introduced overnight, that could see over half the industry shut down by August, fund managers and lawyers told Reuters. Domestic and […]
Blackrock’s Obsidian Fund Extends Losses This Year
(Reuters) BlackRock Inc’s $1.9 billion Obsidian hedge fund posted a negative 7.5 percent year-to-date return through March 4, HSBC data showed. The fund was down 4 percent in January, according to an estimate the hedge fund had provided to investors, […]
Ex-Paulson Partner Snags Bain Capital Co-Founder’s Backing For New Hedge Fund
(Reuters) Former Paulson & Co partner Dan Kamensky has secured backing from a Bain Capital co-founder and others for his new hedge fund, and plans to hire a former top marketer at King Street Capital Management to sell it, Kamensky […]