<< A SQUARE archive sorted by date
<< A SQUARE archive sorted by category
[26Apr13] [Real Assets] 'Alternative asset' investment funds in the UKAnalysis: Alternative asset funds marketed to retail investors
[05Feb10] [Asset-backed lending] A SQUARE: Asset backed lending in the small business space of the AmericasJ. Pablo Mariño, CEO Savile Finance Group, explains the firm's investment strategy
[30Jul09] [Asset Allocation] Asset Liability Management (ALM)ALM embraces a multi-period approach which allows one to make an explicit trade-off between the long term goals and short term criteria
[04Jun09] [Direct Lending] A fund that specialises in privately originated asset based loans or investmentsPortfolio has been structured so no forced sales are needed to meet redemptions
[14May09] [Direct Lending] Privately-negotiated funding transactions for s&m-cap publicly traded companies... fund has been involved in over 220 privately-negotiated financing transactions
[16Apr09] [Asset Based Lending] Asset based lending strategy insights from an allocator’s perspectiveA well diversified asset based lending portfolio should be able to return 12-15% with very healthy levels of collateral ensuring minimal losses.
[12Mar09] [Asset Based Lending] "Recession proof, but not depression proof“Exclusive market intelligence on how asset based investment strategies are currently faring and where the opportunities could be
[07Oct08] [Asset Based Lending] Insights on ABL strategies - is performance holding up?In most cases even within a geographic region each investment will rise or fall on its own merits. The biggest correlation is on any equity component that may be part of an ABL deal.
[08Aug08] [Asset Based Investing] An asset based lending and investment fundAbility to source deals via a well established business network
[17Jul08] [Asset Based Investing] A pure asset based lending fund on fundsPortfolio of pure asset-based lending and insurance linked hedge funds
[29Apr08] [Asset Backed Securities] An Asset „Backed“ Lending FundLoans intended to provide working capital to Small-to-Medium sized Enterprises
[22Apr08] [Asset Based Lending] Asset Based Lending Fund of FundsIn its simplest form, the lender takes a first priority security interest in the collateral being financed
[08Apr08] [Asset Based Lending] The status quo & up-coming investment opportunities in asset based lendingThe opportunities are re-surfacing in the same asset based lending spaces, but it is the growth in the number of potential borrowers that has increased substantially.
[24Jan08] [Asset Based Investing] Asset Based Lending FoFLending activities - hedge fund wrapper
[16Jan08] [Asset Finance] Asset based lending/financing FoFAims to pursue an “asset based-lending/ investing” pure play strategy
[19Dec07] [Asset Based Investing] Asset based lending fund of fundsConcentrate on managers who have a relatively short duration of underlying investments
[05Dec07] [Asset Based Investing] A fund uncovers structural inefficiencies in China, Brazil, RussiaWithin credit markets, a structural inefficiency (that has been exacerbated by the recent crises) stems from the fact that the banking system is generally less willing to provide loans to solid small/micro cap companies.
[06Nov07] [Asset Based Lending] An asset based lending FoFAccess to a portfolio that invests in managers dedicated to collateralised, direct lending
[26Sep07] [Asset Based Investing] White Oaks Strategic FundDynamic portfolio allocations between ABL, ABS and RLS
[29Aug07] [Asset Based Lending] Mont Blanc SelectOffers access to a robust, diversified portfolio of non-correlated investments - primarily in the asset based lending (ABL) and highly collateralised asset space
[29Aug07] [Asset Based Lending] Expertise on Asset Based Lending with Santo Volpe - IIHow robust are ABL investments under the present market conditions
[29Aug07] [Asset Based Lending] Appendix
[31Jul07] [Asset Backed Lending] Aarkad Plc, Heather PartnersFund focuses on collateralised money lending-highly collateralised structured finance loans, of short term duration (3-12months) secured loans, collateralised by commercial property in the UK & Ireland
[31Jul07] [Asset Backed Lending] Fund's performance - Appendix
[27Jun07] [Asset Backed Securities] Valuation"One should not forget that certain financial institutions can value securities based on criteria other than mark- to-market, in particular if they intend to hold them to maturity. These valuations, of course can be very different to where a security
[20Jun07] [Asset Class] "Manna"Would you say “traditional” investments trade in increasingly efficient markets (diminishing risk premia) vs. alternatives (majority are still inefficient – and offer risk premia).
[13Jun07] [Asset Finance] Systematic Absolute Return’s Survey FindingsABL was preferred amongst the asset finance strategies. It was followed by PIPEs, ABS and ABI. At the tail end of the sample were CDO’s and MBS.
[30May07] [Asset Backed Securities] Expertise on mezzanine financingWe focus on a niche in the marketplace where we are typically viewed more as an equity alternative than a debt instrument - although our collateral is secured through the recording of a lien on the property and receiving an assignment of all voting rights
[25Apr07] [Asset Based Lending] CypressTree Leveraged Alternative Income FundHave little interest rate risk, low correlation to most asset classes, low volatility
[13Mar07] [Asset Backed Lending] Stillwater New Finance FundFocuses on asset backed lending with a minority of the portfolio invested in asset backed securities
[20Feb07] [Asset Backed Securities] George Tintor Q & AGeorge Tintor elaborates on asset-backed securities
[13Feb07] [Asset Based Lending] Santo Volpe Q & AElaborates on what it means to be a niche player in the context of Asset Based Lending
[16Jan07] [Asset Backed Lending] Eden Rock Structured Finance Fund of Funds
Bailey McCann, Opalesque New York: Hathersage Capital Management LLC, a Connecticut-based absolute return currency specialist, is among the top performing funds on the Deutsche Bank dbSelect platform for June. The performance is notable as many hedge funds saw rocky June performance as markets go
Komfie Manalo, Opalesque Asia: The $60 billion Korea Post has issued a request for proposals (RFP) inviting domestic and overseas hedge fund man
Komfie Manalo, Opalesque Asia: Wealth management services firm Arthur-Sera has announced new alternative products large selection of hedge fund strategies as the firm continues its innovation in the alternative investment markets.
Komfie Manalo, Opalesque Asia: US-based hedge fund Citadel LLC said it has suspended one of its accounts in China amidst investigation by Chinese authorities to stem a stock market free fall, reported
In the week ending 31 July, 2015, a survey by Credit Suisse showed that 93% of surveyed institutional investors intend to maintain or increase their hedge fund allocations in the second half of this year. Equity Long/Short, Event Driven, Global Macro and in Asia Multi Strategy are their most
The soft trade barrier of the peculiar German tax compliance is de facto lifted. For the first time, international funds will de facto be granted a comparable competitive playing field with their German counterparts as the tax compliance complexity and its inherent cost for UCITS and AIF
Benedicte Gravrand, Opalesque Geneva for New Managers: Logica Capital Advisers, a Los Angeles-based asset manager formed in 2011, has combined a long/shor
Benedicte Gravrand, Opalesque Geneva: Sturgeon Capital, a frontier markets fund manager, is to launch the Sturgeon Medes Fund. The Bermuda-domiciled fund will invest in Iran and its region’s listed equities.
"Subject to final app
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
Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,
Benedicte Gravrand, Opalesque Geneva: Mutual funds are becoming popular in the U.S., and not just for retail investors. However, managers should not jump in the area before looking at the running process, the expense, future regulations, and the fee structure first.
In the US,
there has been
Komfie Manalo, Opalesque Asia: Katy Kaminski from Campbell & Company, a CTA with more than 40 years of experience, noted during the recent Baltimore Opalesque Roundtable
Komfie Manalo, Opalesque Asia: Investors are looking for institutionalized hedge funds and CTAs, because of the need for a defined process and a sophisticated infrastructure for compliance, accounting, and technology, along with business continuity and succession plans , according to Arthur Bell,
In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201
Komfie Manalo, Opalesque Asia: A day after "privately" telling its investors it has shifted its stance towards China from bullish to bearish, the world’s biggest hedge fund Bridgewater Associates has expressed confidence that China’s "debt and economic restructurings and more stimulative governme
Bailey McCann, Opalesque New York: As the hedge fund industry matures, more founders are moving toward retirement, which can lead to uncomfortable situations with investors if a succession plan isn't in place. According to delegates at the recent Opalesque Baltimore Roundtable, succession pla
Benedicte Gravrand, Opalesque Geneva for New Managers: Simon Wajcenberg, CEO of K1T Capital Ltd, a systematic quant based hedge fund asset manager based in London
Benedicte Gravrand, Opalesque Geneva: Michael E. Lewitt, manager of the Third Friday Total Return Fund, L.P., author and market commentator, says in a Q2 letter
Komfie Manalo, Opalesque Asia: Cornerstone Advisory have started using structured note strategies that allowed them to create scenarios for growth, said Tom Biddison, principal at the Baltimore-based boutique wealth management firm
Komfie Manalo, Opalesque Asia: The Greek crisis has shocked the markets forcing all hedge fund strategies to suffer losses in June. However, Optima Fund Management managing partner Graham Martin said that despite the volatile market, there is oppo
By: Scott Price, Head of Business Development and Client Management for North America, Maitland
Ernst & Young’s latest glob
By Diego Lopez, global sovereign wealth funds director at PricewaterhouseCoopers (PWC). You can download the full report here.
The global economy has witnessed the emergence of a new set of key actor
By: Ken Griffin
Suddenly, everyone’s talking about liquidity. As the Federal Reserve steps back from an unprecedented period of monetary intervention, investors are rightfully focused on the possibility that, after years of relative calm, the U.S. could be in for a period of increased market vol
By: John Araneo, Counsel, Sadis and Goldberg, LLP
The New York State conviction against Sergey Aleynikov, the former Goldman Sachs
employee charged with stealing its high-speed trading program, has, like the federal conviction before it, been overturned.
The recent ruling by the New York St
This paper was authored by Andrew Beer, founder of Beachhead Capital Management LLC, New York. You can download the full paper here.
A recent note (
By Mark Hulbert: The news media are drawing all the wrong lessons from Meredith Whitney’s decision this week to close down her hedge fund.
To be sure, the media are right to point out that Whitney, after a spectacularly correct forecast at the top of the bull market 2007 that banking stocks were
By: John E. Dunn, III, Principal, Oak Point Investments
Given it is now my sixth year representing several world class alternative fixed income fund managers, over this same
timeframe, just about every institutional investors I talk with has a lingering fear that sometime, somewhere interest rat
By: Don Steinbrugge, Agecroft Partners
Commodity trading advisors’ (CTAs) perception among investors is more divergent than any other major hedge fund strategy. A large percentage of investors view the strategy as smoke and mirrors using black box models that they cannot understand or properly e
From Reuters.com: Celgene Corp, one of the world's largest biotechnology companies, has accused U.S. hedge fund manager Kyle Bass of attempting to profit from his attempts to wipe out several major drug patents through his Coalition for Affordable Drugs.
The company asked the U.S. Patent and T
From Reuters/Thefiscaltimes.com: Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week.
Greenlight notified clients of its returns late on Friday, ac
Some hedge fund small-cap energy stocks have been free falling
From Marketrealist.com: According to a July 28, 2015, Bloomberg article, there was a 34% fall in small-cap energy stocks over the past three months. These shares are tracked by the Russell 2000 Energy Index. Small-cap energy
Hedge funds hit Rothstein Kass with $75m malpractice suit
From Law360.com: Two investment funds have sued Rothstein Kass & Co. PC for at least $75 million, claiming the New Jersey auditing firm committed accounting malpractice by failing to properly scrutinize overblown valuations of the
Hedge funds are getting smoked by the commodities slump
From Businessinsider.in: The collapse in commodity prices has burnt another hedge fund. Vermillion, a commodity hedge fund backed by Carlyle Group, has seen its flagship fund's assets fall from nearly $2 billion to less $50 million,
Featuring : How non-EU managers can access Europe without being licensed under AIFMD.Andreas Wölfl, the former Head of Austrian Indices at the Vienna Stock Exchange, set up the Argentarius Group in 2004 by securitising an offshore hedge fund into a transferable security.
Argentarius is offering hed...» Watch the video
Near Term Trend: NeutralMonday's Trade: 126'249 (+ 19.0) Yield: 2.32%UPDATE: When the SPX recovered, from its 10% correction, during the last four weeks; yields jumped (treasury price lower) nearly 50 basis points. Two weeks ago, as the December contract was trading 127'04, we highlighted, "Near term support is 126’00, but suspect". Subsequently, the contract dropped but has held above 126'00, even in light of SPX remaining bid. No Change: Sell rallies toward 127’08.