Opalesque Exclusive: Data mining platform draws buy-side bond traders... [more]Bailey McCann, Opalesque New York: A host of new platforms for trading fixed income have come to market in recent years as traders and investors search for signs of life in their fixed income portfolios. However, widespread adoption has been limited.
One provider - Algomi, has built its offe
As asset flows to ETFs climb, hedge fund managers eye liquid alts... [more]Bailey McCann, Opalesque New York: ETF assets are up $116 billion year-to-date as investors continue to drive up the use of these instruments, outperforming a range of options available. Assets in absolute dollars have increased by $265 billion over the past year, outpacing the $200 billion in lo
Asiya Investments to launch Emerging Asia Fund on Trium UCITS Platform... [more]Trium Capital and Asiya Investments have partnered to launch the Asiya Emerging Asia Fund in Autumn 2015 on the Trium UCITS Platform. Founded in 2005, Asiya is an asset management firm with assets of more than US$1billion invested in the public and private markets of emerging Asia, with more than US
Bad times even for good credit hedge funds... [more]From Barrons.com: Sovereign bond hedge funds are withering away with ultra-low interest rates across the globe. No yield anywhere means that investors are pulling their money.
London-based Mako Investment Managers has seen its assets fall by 95%, to $59 million from $1.14 billion, since the en
Liquidation of crowded hedge fund energy positions... [more]From Valuewalk.com: Crowded hedge fund oil and gas producers underperformed their sector peers by over 20% since 2013 as fund energy books were liquidated. Crowded oilfield service bets underperformed by over 15%. This is worse than 10-15% underperformance during the 2008-2009 global financial crisi
Florida SBA looking for strategic investments portfolio manager... [more]From PIonline.com: Florida State Board of Administration, Tallahassee, is searching for a portfolio manager in strategic investments and private equity, a new position. Responsibilities include identifying prospective managers and funds for the alternatives investment program in the strategic invest
Comment - Hedge funds retain their value proposition... [more]From Investmentmagazine.com: A world-leading professor of finance has argued that hedge funds have retained a positive value proposition in the wake of the GFC. Professor David Brown of NYU Stern School of Business also told attendees at a Centre for International Finance and Regulation seminar in S
Legal - Herbalife again wins dismissal of pyramid-scheme lawsuit... [more]From Bloomberg.com: Herbalife Ltd.’s battle with hedge-fund manager William Ackman isn’t hurting the company in court. The maker of popular dietary supplements again won dismissal of an investor lawsuit accusing it of lying about the legitimacy of the company’s business operations.
News Briefs - Carlyle's second-quarter earnings drop as energy funds suffer... [more]Private equity firm Carlyle Group LP said on Wednesday its second-quarter earnings dropped 38 percent year-on-year as the value of its energy and hedge funds decreased, even as it generated more cash by cashing out on several of its assets. Carlyle's private equity portfolio appreciated 5 percent in