Benedicte Gravrand, Opalesque Geneva for New Managers: Five Purdue University students launched their own hedge fund in November 2015, and have already reached investment interest "in the low eight-figure range."
Komfie Manalo, Opalesque Asia: The flurry of M&A activities in May has proved supportive for event driven hedge funds. On a monthly basis, event driven is ahead of the pack, with the Lyxor Event Driven Broad Index up 0.5% as of May 24 (-1.4% YTD), according to
Komfie Manalo, Opalesque Asia: A new study by global analytics firm Cerulli Associates has found that the problem of 'dressing up' track records by fund managers is getting worse. In its latest issue of The Cerulli Edge - Europe Edition,
Komfie Manalo, Opalesque Asia: A new research by global analytics firm Cerulli Associates on managed accounts showed that discretionary accounts will continue to exhibit strong growth in the United States.
"Clients are largely working with f
By: Don Steinbrugge, Agecroft Partners
The following comments are excerpted from Agecroft Partners’ Don Steinbrugge’s presentation delivered at the 69th CFA Institute Annual Conference held on May 9th, 2016 in Montreal. In Mr. Steinbrugge’s session titled "What Current Trends Tell Us about th
From: Akin Gump Strauss Hauer & Feld LLP
On April 3, 2016, it became public that an anonymous source had leaked 11 million confidential documents, known as the "Panama Papers," belonging to the Panama-headquartered international law firm Mossack Fonseca. As more of the Panama Papers become publi
From Donald A. Steinbrugge, CFA – Managing Partner, Agecroft Partners: I would like to share some thoughts regarding New York City Employees Retirement System (NYCERS) voting to exit all hedge funds. Pension funds should always be managed in the best interest of the plan’s beneficiaries. I believe t
From Finomial Corporation: While the media focus to date has been on the law firm’s role (Mossack Fonseca) in creating shell entities (which in many cases are legal), Finomial protects hedge funds from the risk of unwitting acceptance by the investment management community of money from entities wit
On the 5th April the FCA released their 2016/17 business plan which outlines seven priority themes. The seven themes outlined will focus on pensions, financial crime and anti-money laundering, wholesale financial markets, advice, innovation and technology, firms’ culture and governance, and the trea
Komfie Manalo, Opalesque Asia: This article has been contributed by Andrew Upward, Weeden (email: firstname.lastname@example.org)
IEX’s speed bump is a clever innovation that protects hidden liquidity
providers from trading at stale price
From Lavenpartners.com: Managers of UCITS who do not already have 18
March 2016 marked on their calendars should do so now. That is the
deadline on which the FCA must implement and enforce the transposition
of UCITS V Directive (Directive) in the UK. While the burden of UCITS V
is carried predom
By: IMD Professor Nuno Fernandes on worldwide market turmoil
The recent steep slides on global stock markets have been a long time in the making. As early as two years ago, it was becoming obvious that in addition to the contraction of global demand, as well as the general increase in the relati
By: David Frank, CFA
CEO & Managing Partner at Stonehaven, LLC
Over Stonehaven’s 15 year history we have witnessed and played a role in many shifting dynamics across the alternative investment industry. We are well-positioned in the marketplace to see trends with a 26 person platform repres
Australian banks sending U.S. hedge funds broke
From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit
Billionaire Wilbur Ross likes the look of Chinese bad loans
From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’
Blackstone gives pricey Canadian energy and property thumbs down
From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group
Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real
Scientist turned hedge fund founder cuts profitable Aussie short
From Bloomberg.com: AE Capital, a hedge fund run by a former atmospheric scientist, trimmed bets against the Australian dollar as it gauges shifts in the world’s two biggest economies. The Australian, Canadian and New Zeala
Featuring : Ernest Jaffarian: Why every institutional portfolio needs exposure to managed futures.Ernest Jaffarian is a 30 years veteran within the alternative investment industry. He started his career as a floor trader in 1986 and quickly become a lead market maker. In 1993 he co-founded a CTA and in 1999 he set up Efficient...» Watch the video
Near Term Trend: NegativeMonday’s Close: 0.71850 (+ 2)UPDATE: Last week we recommended booking profits on the remaining long position.A settlement above 0.74060 would be the impetus to go long once again (ie, only buy on strength).
Near Term Trend: Negative
Monday’s Close: 0.71850 (+ 2)
UPDATE: Last week we recommended booking profits on the remaining long position.
A settlement above 0.74060 would be the impetus to go long once again (ie, only buy on strength).