Opalesque Roundtable: What is the caliber of investment talent entering hedge funds?... [more]Komfie Manalo, Opalesque Asia: Everybody in the hedge fund industry is talented, but we have to distinguish between me-too talent and differentiated talent, said Rick Doucette, CEO and CIO of Antecapio Investment Partners. He added that there has always been a lot of me-too talent in this industr

Market neutral outperformer: regulation has generated alpha... [more]From Citywireselector.com: Nick Judge and Charles Long are hitting the big time when it comes to generating returns in the market neutral space... Full article (subscription required):

UCITS hedge funds: Alpha hunting... [more]From Funds-Europe.com: In a time of increased performance, Catherine Lafferty looks at whether Ucits hedge funds can provide the alpha that investors want. If the joy of investment is return, its ecstasy is alpha - the return that is down to skill rather than merely good fortune. For fund managers,

Hedge funds being overcharged for depositary services, finds INDOS... [more]From Globalcustodian.com: Many hedge funds that have not reviewed their administrative and depositary arrangements are being overcharged for these services, according to new research by INDOS Financial. The independent UK depositary found that many hedge fund managers have not revisited their agreem

Outlook - Bill Miller says path of least resistance for market from here is higher, Second quarter hedge-fund strategy outlook: K2 Advisors... [more]Bill Miller says path of least resistance for market from here is higher From CNBC.com: Noted hedge fund manager Bill Miller is still betting stocks will rise. "The path of least resistance for U.S. stocks is higher," Miller said in a blog post dated April 18. "I believe it remains so, a

Institutional Investors - Korean instos warm to hedge funds... [more]From Asianinvestor.net: Asian hedge fund allocations appear to be picking up from a low base as mainstream markets turn more volatile, with Korean institutional investors among the latest to heed... Full article:

Comment - Don't bet against bubbles, look for 'anti-bubbles'... [more]From FT.com:...Rather than bet against bubbles, it is better to look for "anti-bubbles". If capital is over-allocated to assets in a bubble, then other assets have been under-allocated capital. Investors should search for sectors priced at levels that "cannot plausibly deliver anything but a large r

North America - Hedge fund manager Kyle Bass: 'There's been a trade war with China since 2001'... [more]From CNN.com: Kyle Bass, the founder and chief investment officer of Hayman Capital Management, believes that "there's been a trade war with China since 2001." "The only side that's been fighting it, though, is China," he added. While business leaders have warned that President Trump's tariffs

Commodities - Dollar hedge boosts PFZW's 2017 investment return... [more]From IPE.com: Dutch healthcare scheme PFZW's dollar hedging position contributed more than half of its overall investment return last year. In its annual report, the €397bn pension fund said its 70% hedge of the weakening US currency contributed 2.9 percentage points to its overall result of 5.

Activist Investors - Activist fund TCI buys 4% stake in 21st Century Fox, Elliott Advisors buys majority stake in Waterstones, Hedge funds force Whitbread to float coffee chain as a stand-alone business... [more]Activist fund TCI buys 4% stake in 21st Century Fox From FT.com: TCI has acquired a 4 per cent stake in 21st Century Fox, giving the activist hedge fund crucial leverage to influence the future of Rupert Murdoch's media empire at a time when it is involved in a series of complex takeover

News Briefs - Deutsche Bank to scale back investment bank as profits drop... [more]Deutsche Bank announced cutbacks to its bond and equities trading on Thursday in a major overhaul of its troubled investment bank, after posting a 79 percent drop in net profit in the first quarter. The cuts will result in job losses and include a scaling-back of its business with hedge funds. The b

...And Finally - Let's hope he'll get at least some brownie points... [more]From BizarreNews.com: A woman was thankful to be reunited with her boyfriend and her catwho were both stuck up a tree. Nichole Ashikis of Norfolk, Virginia, said that she woke up and wanted to feed her cat but her pet was nowhere to be found. Ashikis began searching for the cat and discovered that i