Opalesque Roundtable: Eurex expands 'co-operations’ in Asia... [more]By Beverly Chandler, Opalesque London: Speaking at the Opalesque Singapore Roundtable 2013, sponsored by Eurex,

Opalesque Exclusive: Ahead of the vote: shareholder AFSCME speaks up on Jamie Dimon, JP Morgan vote... [more]Bailey McCann, Opalesque New York: Last year, the American Federation of State, County and Municipal Employees (AFSCME) pension fund, one of the shareholders of JP Morgan, brought an advisory proposal to the annual shareholder meeting that would split the roles of Chairman and CEO at the bank.

Some are dumping gold as price continues to slump... [more]From Precy Dumlao, Opalesque Asia – Gold prices are declining and some investors are losing faith in the metal, although not all of them. A report by the Sydney Morning Herald s

IKOS wins IP case after bitter three year battle... [more]Beverly Chandler, Opalesque London: A UK high court judge has ruled for Elena Ambrosiadou and her $3bn European hedge fund firm IKOS Partners, in a bitter three year fight with her former business partner and husband Martin Coward over the intellectual property rights for the quantitative analysis s

Grand jury orders Steven Cohen to testify in insider trading probe... [more]From Precy Dumlao, Opalesque Asia – A federal grand jury has subpoenaed Steven A. Cohen and ordered the hedge fund billionaire to testify in the widening insider trading probe, the New Yo

Opalesque Exclusive: Institutional investments in hedge funds up 56% to $2.3tln by 2017: hedge fund news, week 20... [more]A Citi Prime Finance report said that global institutional investment in hedge funds would increase 56% to $2.3tln by the end of 2017 from the end of 2012,

Launches – Mizuho’s Yap exits to set up hedge fund, Commodity firm Diapason launches fund based on tangible forestry assets... [more]Mizuho’s Yap exits to set up hedge fund From Asiamoney.com: Mizuho Securities Asia’s head of Asia fixed income trading, Jeffrey Yap, left the Japanese bank on Monday (May 13) to start his own hedge fund, according to sources. Yap has held his role since joining the bank in 2010 and was b

Peak6 soft closes hedge fund after reaching $1bn milestone... [more]From Financialstandard.com.au: US hedge fund manager Peak6 has soft-closed its new Achievement fund after attracting significant inflows from Australian investors. The fund, which launched in September 2012, has already reached the $1 billion in funds under management (FUM) milestone after rec

HFRX Global Hedge Fund Index gains 1.16% through mid-May (4.98% YTD)... [more]Hedge funds posted a 7th consecutive monthly gain through mid-May, with the HFRX Global Hedge Fund Index gaining +1.16% ; the HFRX Market Directional also posted a gain of +1.43%. HFRX Event Driven Index posted a gain of +1.81% through mid-May, the 7th consecutive month of gains, with contribu

Investing – Hedge funds shift to bearish bets on treasury 10-year notes, Insurers hit most by housing crash are luring hedge funds, Boeing is the new hedge fund favorite... [more]Hedge funds shift to bearish bets on treasury 10-year notes From Businessweek.com: Hedge-fund managers and other large speculators held a net-short position in 10-year note futures for the first time in almost two months amid speculation Federal Reserve officials may taper the pace of as

Manager Profile – Tom de Lange: From pension to hedge fund... [more]From BDLive.co.za: As has happened to many others, when he was ready to retire Tom de Lange realized his pension could not sustain his lifestyle. Mr de Lange, who spent his working career as a metallurgist at Kumba Iron Ore and retired before the age of 50, decided to take destiny into his own hands

Fund Profile – Brazil’s Vinci sets sights on global partners... [more]From eFinancialnews.com: Two years ago, Brazilian asset manager Vinci Partners decided to diversify its investments overseas. About 95% of its money was invested in Brazil. It set up an office in New York, formed Vinci USA as an incubator for emerging hedge fund managers and hired as its US chief ex

Comment – RoRo your hedge fund boat gently down the macro stream... [more]From FT.com: The performance of macro hedge funds has been surprisingly poor, given the influence of macroeconomic and political events on all asset classes since the financial crisis. In 2013, could global macro strategies return to form? Over the past 60 months the annualized return of macro hedge

Legal – Hedge fund Red Oak sues for proxy fight rematch with Digirad, U.S. judge blocks hedge fund Turnberry Capital’s $13m arbitration against SunTrust... [more]Hedge fund Red Oak sues for proxy fight rematch with Digirad Law360.com: Hedge fund Red Oak Partners LLC sued Wednesday seeking to force a rematch in its proxy fight with Digirad Corp., accusing the medical imaging company of numerous underhanded maneuvers that allegedly swayed a board e

Europe – U.S. hedge fund Monarch to open office in London, Whistleblowers' claims of wrongdoing in the UK being ignored... [more]U.S. hedge fund Monarch to open office in London From FT.com: Monarch Capital, the prominent US distressed debt hedge fund, is opening a new office in London in a sign of growing interest in Europe as the continent’s banks prepare to offload troubled assets and undervalued loans. M

People – Tudor hedge fund hires leading IMF official Lorenzo Giorgianni... [more]From FT.com: Hedge fund billionaire Paul Tudor Jones has hired one of the International Monetary Fund’s most senior officials in a move highlighting the attraction of private sector careers for top public sector figures. Lorenzo Giorgianni, the deputy head of the IMF’s policy department, will

Activist News – Hampden Bank under pressure to sell from Dallas-based hedge fund Clover Partners, Activist hedge fund Nanes Balkany says Petrogrand should exit Russia... [more]Hampden Bank under pressure to sell from Dallas-based hedge fund Clover Partners From Masslive.com: A Texas hedge fund firm is stepping up its efforts to put Hampden Bancorp on the block by trying to get two of its representatives on the Springfield banking company’s board of directors.

News Briefs – Japanese pensions moving into alternatives overseas, High speed trading a stiff challenge for U.S. regulators... [more]Japanese pensions moving into alternatives overseas Since the Bank of Japan unleashed a massive new easing program last month, European and U.S. investors have waited with bated breath for more BOJ bond buys to push Japanese lifers overseas. The truth: Japanese pension funds are already

…And Finally – Why you should take off your gun before bowling... [more]From BizarreNews.com: A Florida man carrying a revolver in the pocket of his shorts accidentally shot himself while bowling, witnesses said. Police said the man, whose name was not released, was bowling at Jupiter Lanes in Jupiter around 7:30 p.m. Tuesday when he incurred the gunshot wound to