Hedge fund investors seek strong performance in an elevated interest rates scenario... [more]Laxman Pai, Opalesque Asia: Hedge funds led by new managers are responding to pressure to outperform against a backdrop of elevated interest rates, pointed out a new study.
The 2023 edition of The Seward & Kissel New Manager Hedge Fund Study, revealed a substantial increase in the proportion o
Asia hedge funds benefit in Q1 from Japan rally, recovery in China... [more]From Reuters: Asia-focused hedge funds started 2024 with a strong first quarter, cashing in on a prolonged rally in Japanese stocks, a tentative turnaround in Chinese equities, and a boom in artificial intelligence (AI) stocks.
Most stock markets across Asia - from Japan and India to mainland
Life sciences funds' improving health... [more]From Institutional Investor: March was another profitable month for life sciences and biopharma hedge funds. Most of them posted single-digit gains for the month, extending their winning streak to five months after several years of losses or, in some cases, devastating declines.
As a result,
US bond repricing marks brief setback for hedge funds' basis trade... [more]From Reuters: Hedge funds have reduced bearish bets in U.S. Treasuries after a change in market expectations for interest rate cuts this year, but the sheer growth of the government debt market is expected to spur more trading in the future.
Some hedge funds short Treasury futures as part of t
Hedge fund managers: The masters of the universe are back... [more]Before the crash of 2008, it sometimes seemed as though hedge fund managers really were 'masters of the universe'. The eye-popping returns of US macro stars such as Paul Tudor Jones and Louis Bacon helped them to make billions, while George Soros famously had the power to 'break the Bank of England'
Schonfeld still lacks $3bn it seeks for drawdown fund... [more]From Bloomberg: Schonfeld Strategic Advisors still hasn't raised the $3 billion it has been seeking since late last year.
"We haven't yet formalized a drawdown facility partnership," the hedge fund firm said in a letter to employees seen by Bloomberg. "We remain in active discussions with the
Private credit market is set for a 'shakeout,' PGIM CEO hunt says... [more]From Bloomberg: PGIM Chief Executive Officer David Hunt said the private credit market is headed for a "shakeout" as investors set higher standards for which managers they choose.
"Institutional investors are much pickier," Hunt said Tuesday on Bloomberg TV. "We're seeing fewer managers raise
Investing: Asset managers most bullish in over two years... [more]Asset managers most bullish in over two years
From Reuters: Investors have increased their allocations to stocks and commodities and dumped bonds, Bank of America's monthly fund manager survey for April showed, which they said was the most bullish such survey since January 2022.
The
Currency: Won's fall draws Korea auto bets from fund that dodged chip rout... [more]From Bloomberg: A hedge fund that successfully dodged this week's rout in South Korean chip stocks is turning its focus to automakers on bets that a weaker won will offer support.
This month and next will likely be a "very painful time" for Asian stock traders, said Jung In Yun, chief executi
PE/VC: Private equity is a test that university endowments risk flunking... [more]From FT: Call it a case of senioritis for Andrew Golden. The Princeton University endowment chief is retiring from his post after three decades. As he departs, the school's allocation to private equity including venture capital has crept up to 40 per cent.
That is above Princeton's 30 per cent
Study: Institutional investors turn to renewables as real estate falters... [more]From Asian Investor: Solar, wind, and other renewables are the main beneficiaries as Asian institutional investors shift from lagging property bets to green alternatives.
Institutional investors in Asia are increasingly seeking out renewable real estate and infrastructure investments to mainta
Legal: What to expect at Changpeng Zhao's sentencing on April 30... [more]From Coin Telegraph: Former Binance CEO Changpeng "CZ" Zhao is scheduled to appear before a federal judge more than 160 days after pleading guilty to one felony count as part of a settlement agreement with United States authorities.
On April 30, Judge Richard Jones will hear from prosecutors a
Activists: Sparta Capital urges Wood Group to seek sale, rethink UK listing... [more]From Reuters: Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group (WG.L), opens new tab to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday.
A representative for the hedge f
And, finally: 100-year-old British train car found buried in Belgium... [more]From UPI: Archaeologists excavating a 19th century fortress in Belgium made a surprising and mysterious discovery: a nearly 100-year-old train car originating from England.
The London North Eastern Railway said the researchers working to uncover the Northern Citadel in Antwerp found a dark red
Criminals continue to fleece high net-worth individuals and family offices through sophisticated scams that involve elaborate presentations, fake companies and websites, and fraudulent documents that appear credible.
We've documented three cases that describe the highly sophisticated, complex structures and cunningly designed processes which ultimately lead to straightforward investment fraud. This has
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.