Opalesque Roundtable: Changing investor preferences: Outflows from bigger and inflows to smaller managers... [more]Komfie Manalo, Opalesque Asia: This year saw a small outflow of funds from bigger managers and inflows into smaller hedge fund managers, said Duncan Crawford, head of Hedge Fund Sales team at Societe Generale during the latest

Opalesque Exclusive: Global Return Asset Management ends 1H up +7.04%... [more]Bailey McCann, Opalesque New York: New York-based value hedge fund Global Return Asset Management has ended the first half of 2017 up +7.04 percent net, according to performance information obtained by Opalesque. The firm's flagship fund is up +59.87 percent since inception in 2013. The r

Technology, communications and consumer non cyclical push event driven hedge funds... [more]Komfie Manalo, Opalesque Asia: Event-driven hedge fund strategies extended their winning streak from the week covering 11 July to 18 on the back of positions in the technology, consumer non cyclical and communications sectors. The Lyxor Event Driven Broad Index was up 0.7% during the period (+6.3

Seward & Kissel launches new compliance service... [more]Bailey McCann, Opalesque New York: The law firm that formed the first hedge fund - Seward & Kissel - has launched a new compliance service for asset managers. Seward & Kissel Regulatory Compliance, or SKRC, offers full-scale regulatory compliance consulting solutions provided by the firm's attor

How hedge funds are pushing for M&A deals as valuations jump... [more]From VCCircle.com: Of all the demands that activist hedge funds make, one has emerged as a clear favorite over the past year: asking the management of a company they target to put up the "for sale" sign. Heady valuations have made the windfall from a sale too hard to resist for dissident shareholder

Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund... [more]Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

Philips shares gain after solid Q2 earnings; CEO says 'no contact' with Third Point hedge fund... [more]From Thestreet.com: Royal Philips NV (PHG) shares rose the most in more than a month Monday after the health technology group posted solid second quarter earnings and held onto its full-year forecasts. Philips CEO Frans van Houten also added that his company has had "no contact" with Third Point LLC

Hedge fund professionals anticipate greater use of ETFs... [more]From ETFstrategy.co.uk: More than nine out of ten (92%) of senior hedge fund professionals expect to see an increased value of ETFs being used within their industry this year, according to research commissioned by European ETF provider. The survey, conducted by PollRight, involved interviewing

Hedge fund risk remains a moveable feast... [more]From Privateequitywire.co.uk: Gauging risk sentiment among hedge fund investors is more art than science but there are some indirect signals that one can use to examine this. If one looks at total inflows into hedge fund strategies in 2016, a clear picture emerges: CTAs attracted USD26 billion in ne

Legal - Shkreli says he won't take stand to testify at fraud trial... [more]From Bloomberg.com: Martin Shkreli has been as vocal as ever on social media during his trial. But in court he's choosing to stay mum. Shkreli on Monday told the judge in his fraud case that he won't be testifying in his own behalf after the government wraps up its case this week. It's a surprising

North America - Anthony Scaramucci set to make up to $77 million in hedge fund sale that has yet to close... [more]Forbes.com: Former hedge fund investor and Obama donor Anthony Scaramucci has gone through lengths to distance himself from his past in order to take on the role of White House communications director to President Trump, a role he officially assumed on Friday. This included resigning from his

SWFs - China Wealth fund backs TPG lender as part of U.S. property push... [more]From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

People - Lombard Odier global CIO to retire... [more]From PIOnline.com: Jan Straatman will retire as global chief investment officer at Lombard Odier Investment Managers at the end of the year. Mr. Straatman joined the 45 billion Swiss franc ($47.6 billion) money manager as global CIO in 2012 to strengthen and streamline the firm's investment strategi

Commodities - Hedge funds close bearish positions in crude and gasoline, Hedge funds' preference for grains over softs 'has gone far enough'... [more]Hedge funds close bearish positions in crude and gasoline From Reuters.com: Hedge fund managers have continued to cover short positions in crude oil and gasoline, helping lift prices across the petroleum complex against a backdrop of improving fundamentals. Hedge funds and other mo

Investing - Hedge funds wager the loonie rally has legs, Who will invest with Steve Cohen, This hedge fund is betting $280 million on a 34-year-old guy... [more]Hedge funds wager the loonie rally has legs From Bloomberg.com: It took the first Bank of Canada rate hike in seven years, but hedge funds are finally convinced that the loonie's strength is here to stay. Less than two months after amassing record short positions against the Canadian dol

Activist News - Rebuffed Elliott wants urgent Akzo response on new CEO, The hedge fund that got a huge payout from Amazon's Whole Foods deal has a new target... [more]Rebuffed Elliott wants urgent Akzo response on new CEO From Reuters.com: Hedge fund firm Elliott Management on Monday asked the board of Dutch paintmaker Akzo Nobel to respond urgently to its concerns about the nomination of a new chief executive. Elliott, Akzo's largest shareholder with

News Briefs - KKR shuffles, promotes executives, Jana Partners invests in Pandora seeing growth opportunity, Small private banks "can survive" in Asia, Nasdaq acquires Sybenetix, a software firm that uses A.I. to sniff out rogue traders... [more]KKR shuffles, promotes executives Private equity giant KKR & Co. L.P. recently announced that it is expanding its executive leadership team with the appointment of Joe Bae and Scott Nuttall as co-presidents and co-chief operating officers (COOs) for the firm and members of KKR's board of

...And Finally - People different from you and me... [more]From Newsoftheweird.com: The Wall Street Journal reported in June on a small group of enthusiasts who participate in the esoteric sport of container spotting -- discovering and documenting unusual shipping containers. Spotting a distinctive box "is analogous to the satisfaction that bird-watchers ge