Opalesque - Alternative Market Briefing

Hedge fund warned ousted lawyer to settle GBP36bn BHP dam collapse claim

Wed, 16 Sep 2026 00:00:00 +0000

The US hedge fund bankrolling a GBP36bn lawsuit against miner BHP over a dam collapse in Brazil that killed 19 people warned the UK lawyer running the case to settle the claim just weeks before backing his removal as head of his firm....
Article link

Anthropic just put Claude inside Schwab and BlackRock. The AI agent war has reached wealth management

Tue, 15 Sep 2026 23:58:20 +0000

Anthropic is expanding Claude 's workplace capabilities by embedding the AI assistant more deeply into widely used productivity software, including Microsoft Excel and PowerPoint. The move pushes Claude further into corporate workflows, where AI providers are competing to automate research, analysis...
Article link

Who owns the alpha? Bassman-Simplify clash raises a bigger ETF question

Tue, 15 Sep 2026 23:56:40 +0000

Bond-market veteran Harley Bassman's legal dispute with Simplify Asset Management centers on who owns the economics of an investment strategy when an individual develops the idea but an asset manager packages it into an ETF. Bassman, creator of the MOVE Index, alleges that his agreement entitled him...
Article link

What investors need to do - and mistakes not to make - in today's uncertain world

Tue, 15 Sep 2026 23:55:00 +0000

Hedge fund founder Alec Litowitz argues that investors should define themselves by their ability to adapt rather than by trying to prove that a particular market view is right. The Reimagined Ventures founder and former Magnetar Capital CEO says investors navigating today's unusually uncertain envir...
Article link

New York Fed warns hedge funds' growing Treasury footprint could amplify market stress

Tue, 15 Sep 2026 23:53:20 +0000

Hedge funds have become increasingly important participants in the Treasury and repo markets, with large funds' US Treasury long exposure more than tripling from 2018 through 2025 to USD2.3tn, alongside USD1.6tn in short exposure. The New York Fed is examining the financial-stability implications as...
Article link

Carney pitches Canada as a stable investment in a chaotic world

Tue, 15 Sep 2026 23:51:40 +0000

Canadian Prime Minister Mark Carney gathered about 100 money managers from roughly 25 countries in Toronto for the first Canada Investment Summit, pitching the country as a stable destination for global capital. The meeting came after trade talks with the Trump administration collapsed and the US im...
Article link

At least 35 Palm Beach billionaires, including Trump, on Forbes 400

Tue, 15 Sep 2026 23:50:00 +0000

At least 35 members of the 2026 Forbes 400 have strong residential ties to Palm Beach, led by Thomas Peterffy at USD107bn, Julia Koch and family at USD84.6bn and hedge fund manager Ken Griffin at USD60.5bn. Hedge fund manager John Paulson's estimated fortune jumped particularly sharply, from USD4bn ...
Article link

This company's newspapers are 'optimized for profit' - for its hedge fund owner

Tue, 15 Sep 2026 23:48:20 +0000

McClatchy Media has carried out sweeping layoffs across newspapers including the Miami Herald, Kansas City Star and Sacramento Bee as revenue has fallen 41%, with more than one-third of the Miami Herald's editorial staff losing their jobs. The chain, owned by hedge fund Chatham Asset Management sinc...
Article link

Michael Burry joins Minerva Investment Management as senior advisor

Tue, 15 Sep 2026 23:46:40 +0000

"Big Short" investor Michael Burry has joined Minerva Investment Management as senior advisor to a new short-biased hedge fund led by Lakshmi Ganapathi and her team at Unicus Research. Burry closed Scion Asset Management in November 2025 after it had managed about USD155m earlier t...
Article link

Catalyst Funds Management reports major US growth

Tue, 15 Sep 2026 23:45:00 +0000

Deepan Pavendranathan's Catalyst Funds Management nearly tripled its disclosed US equity holdings from USD590m at the end of March to USD1.78bn at the end of June, reflecting a substantial rotation into the US market. The multi-strategy hedge fund reported 646 positions, with its largest a USD72.3m ...
Article link

Point72 hires former Balyasny portfolio manager in systematic push

Tue, 15 Sep 2026 23:43:20 +0000

Point72 has hired Tseno Tselkov as head of systematic strategy advancement at its Cubist quantitative investing division, strengthening the firm's push into computer-driven strategies. Tselkov previously worked at Balyasny Asset Management and spent 15 years at Ellington Management; his appointment ...
Article link

Media for Growth launches USD75m media investment fund

Tue, 15 Sep 2026 23:41:40 +0000

London-based venture capital firm Media for Growth has launched a USD75m fund targeting early-stage US companies and international brands seeking to expand in America. Its media-for-equity model gives portfolio companies access to advertising inventory across streaming, television, out-of-home, radi...
Article link

Opinion: No, tax isnt driving UK billionaires to Athens

Tue, 15 Sep 2026 23:40:00 +0000

While taxation is an important influence on the behavior of individuals and companies, it 's rarely the only - or even decisive - factor in where they locate. And although anecdotes are plentiful, there 's scant evidence that British fiscal changes in recent years have prompted a rush of emigration....
Article link

Singapore's financial regulator sets out manager selection criteria for hedge fund programme

Tue, 15 Sep 2026 23:38:20 +0000

The Monetary Authority of Singapore says it will assess hedge fund managers on their investment strategies as well as their commitment to developing operations, investment capabilities and talent in Singapore. The programme is designed to attract managers to establish or deepen their presence in the...
Article link

Indonesia's Hartono family expands overseas with USD1.4 billion investment push

Tue, 15 Sep 2026 23:36:40 +0000

Indonesia's billionaire Hartono family has invested at least USD1.4bn abroad through entities in Singapore and London as it expands beyond its home market. Investments include USD669m for a specialized US paper business and EUR360m for an Austrian cigarette-paper manufacturer, marking an unusual ove...
Article link

Phil King's hedge fund protege triples down to USD2.5 billion

Tue, 15 Sep 2026 23:35:00 +0000

Deepan Pavendranathan's Catalyst Funds Management tripled its US-listed shareholdings from about USD590m at the end of March to USD1.78bn, or approximately AUD2.5bn, by the end of June. The former co-manager of Regal's Global Alpha Fund disclosed 646 US positions, including a USD72.3m Apple stake, a...
Article link

ReThink expands consultancy in Dubai and Athens amid scramble for top investing talent

Tue, 15 Sep 2026 23:33:20 +0000

Hedge fund performance and talent consultancy ReThink Group, founded by Denise Shull, is expanding into Dubai and Athens as investment firms compete for talent in the two fast-growing financial centers. Former Goldman Sachs and AQR executive Dr. Sarah Savage will lead in Dubai, while Constantine &am...
Article link

And, finally: Oh, Deer!

Tue, 15 Sep 2026 23:31:40 +0000

From Newsoftheweird: St. Johns County Sheriff's Office received a call about an unusual home break-in -- one that involved a large buck making its way into the bathroom. According to a Sept. 4 report from WSVN, after moving furniture and offering a few words of encouragement, the deputies were able ...
Article link

Opalesque Exclusive: The Era of India - Minus the Investors: A Briefing on the Strangest Disconnect in Global Markets

Mon, 14 Sep 2026 23:30:00 +0000

Matthias Knab, Opalesque: The world 's largest asset manager is calling the next quarter century for India. The latest GDP print just blew past the central bank 's own forecast. Foreign direct investment has hit an all-time record. And yet the Indian stock market is one of the worst performers since...
Article link

Hedge fund inflows extend to eight months as August returns add 0.83%

Mon, 14 Sep 2026 23:28:20 +0000

Matthias Knab, Opalesque for New Managers: Hedge funds generated a gross return of 0.83% in August 2026, according to the flash estimate of the SS C GlobeOp Hedge Fund Performance Index published by SS C Technologies Holdings (Nasdaq: SSNC). The result brings the index to 8.63% for the year to date ...
Article link