Fortress Investment Group reports 2.2% AUM gain in fourth quarter... [more]From PIonline.com: Fortress Investment Group reported $67.5 billion in assets under management as of Dec. 31, up 2.2% from three months earlier and up 9.4% from a year earlier. The quarterly increase included a $1.2 billion increase in invested capital; $1 billion in net inflows for Logan Circle Par
Dymon Asia's $3bn macro hedge fund lost 10.45% in January... [more]From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc.
Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie
Bridgewater is said to start artificial-intelligence team... [more]From Bloomberg.com: The world’s largest hedge fund manager is banking on machines. Ray Dalio’s $165 billion Bridgewater Associates will start a new, artificial-intelligence unit next month with about half a dozen people, according to a person with knowledge of the matter. The team will report to Dav
Revamping multi-asset funds ahead of April 2015... [more]From FTAdvisor.com: Rory McPherson, portfolio manager of Russell Investments, says the reason why multi-asset managers are revamping their funds is because of supply and demand. He says the new regulations allow retirees the freedom to choose how their pension pots are invested from April this year,
Manager Profile - Three things we just learned about the queen of hedge funds... [more]From Businessinsider.com.au: We already knew that Leda Braga, the most powerful lady hedge fund manager in the world with the most assets under management, is a rockstar. Her computer-driven Systematica Investments, recently spun off from BlueCrest Capital, is on fire and its biggest fund earned 9.5
Asia - New Year tests China hedge funds... [more]From WSJ.com: A disappointing start to the year for Chinese stocks is forcing some hedge funds to prove their mettle after banner performances in 2014.
Stocks in mainland China are lagging behind major indexes in Asia and elsewhere, testing hedge-fund managers that rode surging share prices in
…And Finally - Ice Music Festival features instruments carved from ice... [more]From UPI.com: A Norwegian composer gathered musicians in a remote town to play instruments carved from ice for an annual Ice Music Festival.
Terje Isungset, who came up with the idea for the Ice Music Festival in 2005, led musicians playing instruments including the xylophone-like iceofon, the