Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight.
Preqin said that the disappoin
Komfie Manalo, Opalesque Asia: The strong demand for access to alternative investments has pushed Gemini Alternative Funds, LLC
to surpass $500m in invested assets on its Galaxy Plus Fund managed account platform as of August 2016.
"At a ti
In the week ending 26 August, 2016, Eurekahedge reported that hedge fund assets grew by $8.8bn during the first half of 2016, however eVestment data showed that hedge funds saw their biggest redemptions since 2009 as investors pulled $25.2bn in July. Folger Hill Asset lost a third of its asse
Benedicte Gravrand, Opalesque Geneva for New Managers:
Combining its innovative technology platform with innovative emerging quantitative strategies, a Bahamas-based firm is launching a multi-strategy fund that
Komfie Manalo, Opalesque Asia: Hedge funds serviced by South African prime broker Peregrine reported mixed results in July, either generally flat or moderately down, in relatively volatile and directionless markets.
On an equally weighted
Bailey McCann, Opalesque New York: Pennsylvania-based Context Asset Management is expanding its roster of liquid alternatives. Over the next 12-18 months, the firm plans to launch as many as three new products.
"We're looking for strategies that are institutional in quality, have an asymm
Komfie Manalo, Opalesque Asia: Singapore-based asset management firm APS Asset Management said that its APS China A Share (Cayman) Fund rose 1.46% gross in July and 1.59% in 2Q (-6.38% YTD), outperforming its benchmarks, the Shanghai A-Share Stock
Benedicte Gravrand, Opalesque Geneva: The Panama Papers leak in April, along with the earlier Luxembourg Leaks, the HSBC files and others, repeatedly raised a question that has been waiting to be answered for some time, but especially since Western governments started chasing runaway money to fil
Komfie Manalo, Opalesque Asia: FinTech is still a relatively young industry and players still do not know what realized default rates will be if there is a strong recession, said Tristan Grué, the CEO and founder of online lending marketplace Bolden during the latest
Bailey McCann, Opalesque New York: It's no secret that investors had a hard time with investment performance in 2015 and data for foundations was no better. According to data from the 2015 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community Foundation
Benedicte Gravrand, Opalesque Geneva:
It was recently reported that hedge funds are agreeing to hurdle rates to alleviate the sting of underperformance, but several sources show that hurdle rates in the US have not increased, nor are there more hedge funds agreeing to include hurdle rates in the
Komfie Manalo, Opalesque Asia: The valuation of UK-based FinTechs after the Brexit vote can be questionable, said Philippe Paquet, managing director of Paris-based specialty investment manager NewAlpha Asset Management during the lat
In the week ending 18 August, 2016, it was reported that hedge funds are increasingly agreeing to hurdle rates which would be becoming the norm and more creative. While many investors are unh
Bailey McCann, Opalesque New York: At the end of July, Olaf Carlson-Wee, the first employee at Andreessen Horowitz-backed bitcoin exchange Coinbase, resigned his position as Head of Special Projects in order to start his own blockchain focused hedge fund. The news sent ripples through the cryptoc
Benedicte Gravrand, Opalesque Geneva:
Asset management companies have been implementing Bring Your Own Device (BYOD) policies, as not all employees necessarily want to carry around a company smartphone or tablet. But employees need to know of the risks of using their own devices for work purpos
Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int
Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.
The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I
From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of
Investors set to increase allocation to private debt
Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider.
Hedge funds snap up banks, unload Apple
From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon
From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group
From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new
Featuring : “Hedge fund reinsurers” face criticism, but is it warranted?.Joe Taussig is one of the most accomplished experts on insurers and reinsurers which invest their assets in alternative investments, also known as “hedge fund reinsurers”. He was instrumental in the creation of Greenlight Re, T...» Watch the video
Near Term Trend: PositiveFriday’s Close: 4,783.69UPDATE: The Index traded to new historical highs two weeks ago by trading up to 4,840.00.Continually we have been stating, “By all accounts, the Index is overbought on a near term basis, but tough to fade”.In our last report we stated, “It feels heavy at this juncture”.Low volatility (summer trading in the Northern Hemisphere) as with the S&P 500 makes it hard to read technically. However it has stalled.
Near Term Trend: Positive
Friday’s Close: 4,783.69
UPDATE: The Index traded to new historical highs two weeks ago by trading up to 4,840.00.
Continually we have been stating, “By all accounts, the Index is overbought on a near term basis, but tough to fade”.
In our last report we stated, “It feels heavy at this juncture”.Low volatility (summer trading in the Northern Hemisphere) as with the S&P 500 makes it hard to read technically. However it has stalled.