{"id":45084,"date":"2014-11-19T07:28:03","date_gmt":"2014-11-19T12:28:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=45084"},"modified":"2014-11-19T07:39:42","modified_gmt":"2014-11-19T12:39:42","slug":"blackstone-and-colombia-management-team-up-to-improve-hedge-fund-base","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2014\/blackstone-and-colombia-management-team-up-to-improve-hedge-fund-base.html","title":{"rendered":"Blackstone And Colombia Management Team Up To Improve Hedge Fund Base"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/networking-300x300.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-43847\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/networking-300x300.jpg\" alt=\"networking-300x300\" width=\"300\" height=\"300\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/networking-300x300.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/networking-300x300-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211; Columbia Management and Blackstone&#8217;s Alternative Asset Management sector are teaming up to research and develop investment solutions that leverage Columbia\u2019s asset management capabilities and Blackstone\u2019s hedge fund solutions business, Bloomberg reports.<\/p>\n<p>\u201cCollaboration with Blackstone will enhance Columbia\u2019s already deep product line-up and should allow us to reach even more investors and distribution partners, both domestically and internationally, with a broad set of alternative investment capabilities,\u201d Columbia said in a press release. \u201cThis is an important opportunity to further enhance our offering of alternative investments and solutions-based strategies.\u201d<\/p>\n<p>Columbia Management is a long-term mutual fund with assets of $358 billion under management. Blackstone Alternative Asset Management, Blackstone\u2019s Hedge Fund Solutions platform, is the world\u2019s largest discretionary investor in hedge funds, with $64 billion in assets under management.<\/p>\n<p>Hedge funds are up 3.45% year-to-date with roughly 18% of funds boasting double digit returns for the year, half the number for the same period last year, according to a new Eurekahedge report.<\/p>\n<p>Total net asset flows for 2014 were trimmed to $55 billion for the year as hedge funds saw their fourth consecutive month of net outflows in October, with investors redeeming $20.3 billion over the last four months.<\/p>\n<p><span style=\"color: #000000;\">Alex Akesson\u00a0<\/span><br style=\"color: #000000;\" \/><span style=\"color: #000000;\">Editor for\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br style=\"color: #000000;\" \/><a style=\"color: #743399;\" href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br style=\"color: #000000;\" \/><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a><span style=\"color: #000000;\">\u00a0is a premier\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a><span style=\"color: #000000;\">\u00a0and community for qualified and accredited investors only. Membership in<\/span><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><span style=\"color: #000000;\">\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a><span style=\"color: #000000;\">!<\/span> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Columbia Management and Blackstone&#8217;s Alternative Asset Management sector are teaming up to research and develop investment solutions that leverage Columbia\u2019s asset management capabilities and Blackstone\u2019s hedge fund solutions business, Bloomberg reports. \u201cCollaboration with Blackstone will enhance [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16042,16044,3],"tags":[],"class_list":["post-45084","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-performance-2","category-hedge-fund-strategies-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=45084"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45084\/revisions"}],"predecessor-version":[{"id":45097,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45084\/revisions\/45097"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=45084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=45084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=45084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}