U.S. crack down on tax inversion bites event driven hedge funds... [more]Komfie Manalo, Opalesque Asia: Event Driven hedge fund sustained negative losses during the week ending
September 26 as the U.S. crackdown on tax inversion took a bite into the
strategies, according to data compiled by Lyxor Asset Management’s We
Tulare County ponders options on increasing hedge fund allocation... [more]From PIonline.com: Tulare County Employees’ Retirement Association, Visalia, Calif., is exploring ways to bring its hedge fund allocation closer to its 5% target, said David Kehler, retirement administrator.
The $1.3 billion pension fund is considering whether to increase its allocation to exi
Unconstrained bond funds: Where hedge fund strategies meet mutual funds... [more]From CNBC.com: For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of "unconstrained bond funds" has been thrust into investor spotlight given last Friday's stunning news tha
Hedge funds must ramp up infrastructure to accommodate liquid alts... [more]From Forbes.com: Pressures have been mounting on hedge fund managers to hedge their own businesses and diversify away from the hedge fund model itself. Lackluster performance, difficult markets, fees that are perceived as too high, scandals and conflicts of interests are just a few of the factors t
Hedge fund Northwest sees China’s stock link boost inflows... [more]From Bloomberg.com: Northwest Investment Management Ltd., a Hong Kong hedge-fund manager, is seeing more pension investor interest as the link of the Shanghai and Hong Kong stock exchanges opens up a new way to invest in China.
The Northwest Feilong Fund, the Chinese convertible bond pool it o
Study: Jobs Act changing hedge fund communications... [more]From Digitaljournal.com: Hedge funds are beginning to take advantage of new communications channels one year after the enactment of the JOBS Act, according to a new Peppercomm study titled "The JOBS Act at One Year: A Changing Hedge Fund Communications Landscape."
"The JOBS Act is working by r
Comment - Hedge funds face the scrutiny of the market... [more]From Thecorner.eu: Through their history, hedge funds have been attacked as the worst form of speculative capitalism, to no avail. They have been growing almost non-stop, although their size in the global economy is rather small compared to the amount of press coverage that they receive. Now, howeve
Regulatory - Richmond Fed questions BofA on hedge fund issue... [more]From Timesdispatch.com: The Federal Reserve Bank of Richmond is questioning Bank of America Corp. about a strategy used to help hedge funds reduce taxes.
The Fed is asking the bank about so-called dividend arbitrage, when a hedge fund’s ownership of shares is temporarily transferred to another
Commodities - Hedge fund bets on Brent down 80% since June... [more]From Businesstimes.com.sg: Hedge fund bets on Brent crude have fallen to a two-year low and are down more than 80 per cent since hitting a record level in June, data from ICE showed on Monday, illustrating a sharp reversal by money managers as oil has slumped.
Brent has fallen from more than U
People - Chicago Teachers appoints alternatives portfolio manager... [more]From PIonline.com: Andrew Kelsen was named portfolio manager for alternative investments at the $10.8 billion Chicago Public School Teachers’ Pension & Retirement Fund, said documents from pension fund obtained by Pensions & Investments.
Mr. Kelsen, who started earlier this month, will oversee
News Briefs - Bitcoin is growing up: Now you can hedge your investments... [more]…Now, a merchant looking to lock in today’s bitcoin price can use TeraExchange’s system to find a buyer willing to pay that price in 30 days or 60. So far, the buyers -- usually bitcoin-focused hedge funds or other speculators -- are willing to go out about four months. Beyond that, the currency is
…And Finally - Paper airplane soars at more than 96,000 feet... [more]From UPI.com: A group of U.S. Air Force auxiliary volunteers in Illinois launched their 30-inch-long paper plane from more than 96,000 feet to set a world record.
The Fox Valley Composite Squadron, a West Chicago-based unit of the Illinois Wing, Civil Air Patrol, said they used a high altitude