VolX launches “Big Data” risk solution with 1600 risk indices... [more]The VolX Group (VolX), architects of RealVol Instruments and Indices, has launched 1,600 risk indices. This new offering allows market participants access to the data they need to manage asset-specific and systemic risk in the marketplace.
VolX is the first index company to focus its suite of pr
This hedge fund's contrarian pound long may soon find company... [more]From Bloomberg.com: Macro hedge fund Harmonic Capital Partners LLP bought the pound about six weeks after the U.K.’s June 23 vote to part ways with the European Union. The fund has lost money on this bet, but it’s not about to give up now.
Chief Investment Officer Patrik Safvenblad said Harmon
Hedge funds key in future liquidity drive says State Street... [more]From Globalcustodian.com: Hedge funds will play a pivotal role as a liquidity source in future market value chains according to latest research from State Street. Research conducted by the custodian bank on the liquidity opportunities in the current market environment surveyed 300 respondents, compr
Institutions - Rhode Island votes to redeem investments in hedge funds... [more]From NYPost.com: Rhode Island is the latest state to grow tired of hedge fund fees and underperformance. On Wednesday, the state’s investment commission voted unanimously to fully redeem its investments in seven hedge funds in accordance with the pension’s “Back to Basics” investment strategy, which
Comment - Liquid alts: Hyped up or helpful?... [more]From Advisor.ca: Love them or leave them, alternative investments will soon be available to all investors, thanks to CSA’s proposed amendments. But only liquid investments are eligible. That’s a problem, as argued at the annual Alternative Investment Management Association Canada debate, where speak
Legal - Platinum assets frozen on allegations of 'plundering' over $200m... [more]From Reuters.com: Troubled hedge fund manager Platinum Partners was ordered by a U.S. bankruptcy judge to temporarily freeze approximately $118 million after a lawsuit Wednesday accused it of illegally stripping key assets from a now-collapsed energy company. The complaint, filed on behalf of a trus
Investing - Short sellers drowning amid rise of passive investing... [more]From Asia.Nikkei.com: The Japanese stock market has become a difficult-to-navigate terrain for short investors as the growing use of the passive investment strategy undermines price corrections. The Nikkei Stock Average on Wednesday rose for a third straight trading day. The index slid toward the en
Tudor’s Jones says nonprofit will start justice ETF in 2017... [more]From Bloomberg.com: Paul Tudor Jones, founder of $10.6 billion hedge fund Tudor Investment Corp., said a nonprofit organization he’s backing called JUST Capital intends to start an exchange-traded fund comprised of socially responsible companies early next year. Jones, 62, said that the ETF -- based
Activist News - GE abandons deal for 3-D printer as billionaire Singer balks... [more]From Bloomberg.com: General Electric Co. abandoned its planned acquisition of a German 3-D printing company after failing to receive support from shareholders including billionaire Paul Singer. A tender offer of 38 euros a share for SLM Solutions Group AG lapsed after the “minimum acceptance conditi
…And Finally - Politics gone too far... [more]From AP/Breitbart.com: Disorderly conduct charges are pending against a woman who authorities say smeared peanut butter on 30 vehicles outside a gathering in central Wisconsin that she mistakenly thought was a Donald Trump rally.
WSAW-TV reports that investigators say the Monday night conserva