New investable index platform targets hedge fund strategies... [more]Komfie Manalo, Opalesque Asia: New Jersey-based MSR
Investments, LLC announced the launch of the MSR Investable Index
Platform that can be utilized for research purposes, investment purposes
Elizabeth Karamitis Kim, principal an
Hedge funds sue BNY Mellon over Argentine bonds... [more]Komfie Manalo, Opalesque Asia: Several hedge funds, including Knighthead Master Fund LP, RGY
International LLC, which is a unit of Perry Capital, Kyle Bass's Hayman
Capital Master Fund LP and George Soros's Quantum Partners LP, have
filed a lawsuit against Bank of New York Mellon Corp.
Bill Ackman gains 30% with Burger King, Herbalife wagers... [more]From Bloomberg.com: A month after Bill Ackman’s disastrous attempt to expose fraudulent behavior by nutrition company Herbalife Ltd., the billionaire is on his way to one of his most profitable years. Since Ackman’s three-hour presentation in Manhattan on July 22 that sent Herbalife’s stock soaring,
Australia's Blue Sky reports $6.24m profit and 69% revenue growth... [more]Blue Sky Alternative Investments Limited announced its results for the full year ending 30 June 2014, reporting an underlying Net Profit After Tax of $6.24 million (up 60 per cent from $3.89 million in 2013) and a 69 per cent increase in revenue (from $14.2 million to $24.0 million). The company wil
JPMorgan tells investors to start adjusting to a ‘low-return world’... [more]From Financialpost.com: With the market rally now more than five years old, analysts at JPMorgan are telling investors it’s time to adjust their portfolios for a world of lower returns. “Our advice for a low-return world is not to simply take more risk,” wrote a team of JPMorgan analysts led by Jan
Institutional investors beef up in-house alternatives teams... [more]From Thinkadvisor.com: Institutional investors around the world that are active in alternative assets are becoming more proactive in managing them, according to a new survey by Preqin, an alternative investments data provider.
Thirty percent of investors surveyed said they had grown their inve
Fund Profile – Does the absence of marketing at Quantedge Capital matter?... [more]From Hedgefundinsight.org: Quantedge Capital Pte, the Singapore-based quant management company, has received some coverage this week as the firm has joined the small number of Asian hedge fund managers overseeing a billion dollars. The firm, run by Kah Shin and Chua Choong Tze and are to be congratu
News Briefs – CME says trading halt linked to software reconfigurations... [more]CME Group Inc, the world's largest futures exchange operator, said it halted trading on its electronic platform for four hours on Monday because of a technical issue resulting from planned software reconfigurations. CME, which owns the Chicago Board of Trade, New York Mercantile Exchange and other m
…And Finally – Man fakes kidnapping so he can party without girlfriend... [more]From Huffingtonpost.com: Lots of men tell stupid lies to their girlfriends, but not all of them end up involving the police.
A British man was fined after he called texted his girlfriend saying he'd been kidnapped over a debt equivalent to $82. He said he told the lie so he could continue to s