Advisers using alternative investments still struggle with allocations... [more]From Investmentnews.com: Few topics are more divisive in the financial advice community than the use of alternative investments. It is right up there with active versus passive investing and buy-and-hold versus market timing.
But while some advisers will staunchly deny or ignore any potential
Legal - Update: U.S. hedge fund threatens Peru over military regime's debt... [more]From Telesurftv.net: A U.S. hedge fund is threatening to sue Peru for payment of US$5.1 billion in unpaid bonds issued by the country's former military government. The fund, Gramercy, purchased the defaulted debt in 2008 for pennies on the dollar and is now demanding full repayment.
Europe - Cameron woos Merkel amid fears hedge funds will back Brexit push... [more]Bank of England’s new official faces grilling on hedge fund links, rate view
From Bloomberg.com: Gertjan Vlieghe, a former hedge-fund economist and the Bank of England’s newest rate setter, this week has a chance to defend his independence and outline his policy view. Just days after th
Asia - Asian rivals for UCITS funds look a bit limp... [more]From FT.com: Asia, in particular Hong Kong, Singapore and Taiwan, has proved to be fruitful for providers of retail UCITS funds. Asia represents more than $200bn of assets under management in terms of UCITS funds, more than 5 per cent of the global total. That could soon change, however, as three ri
People - Tages Capital appoints Jamie Kermisch as chief executive officer... [more]Tages Capital LLP, the asset management business of the Tages Group, has announced the appointment of Jamie Kermisch as Chief Executive Officer. A seasoned executive with proven experience in the alternatives industry, Jamie is the former CEO of Mariana Investment Partners and was previously Group M
…And Finally - Democracy blues... [more]From Newsoftheweird.com: Randy Richardson, 42, vying unopposed for the Riceville, Iowa, school board (having agreed to run just because he has two kids in school) failed to get any votes at all -- as even he was too busy on election day (Sept. 8) to make it to the polls (nor were there any write-ins