Other Voices: "Winner-take-all" dynamics and hedge fund investing... [more]A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant
Man GLG hires machine learning expert in AI push... [more]Komfie Manalo, Opalesque Asia: Man GLG, the discretionary investment management business of Man Group plc, is going ahead with its plan to develop its machine learning capabilities to provide the firm's portfolio managers with tools and techniques through which to support their analysis and decis
Trend reversals hit hedge funds as CTAs and global macro slump... [more]Komfie Manalo, Opalesque Asia: The past week has been adverse to hedge fund performance, particularly for global macro and CTA strategies, Lyxor Asset Management said in its Weekly Briefing. Lyxor pointed out that the announcement of general electio
Owl Creek to shut Asian hedge funds, deregister Hong Kong office... [more]From Bloomberg.com: Jeffrey Altman's Owl Creek Asset Management is winding down its Asian funds after the voluntary departure of Hong Kong-based co-manager Chris Wang, according to a regulatory filing. The move is expected to cut New York-based Owl Creek's assets to $2.3 billion, from about $2.6 bil
ETFs/ETPs record inflows of $66bn as assets reach new high of $3.913tln in Q1... [more]ETFGI, an independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported following on from the strong start to the year assets invested in ETFs/ETPs listed globally reached a new record high of US$3.913 trillion at the end Q1 2017 surpassing the prior record of US$3.84
Manager Profile - Fund manager rides the precious-metals roller coaster... [more]From Theglobeandmail.com: For Maria Smirnova, the dozen years she has worked at Sprott Asset Management have been eventful indeed. The price of gold soared and dipped, the financial system nearly collapsed, the global economy slumped, the firm changed and then changed again. In 2005, when founder Er
Q&A: Hedge fund executive Simon Lorne talks Trump, Brexit and 'Billions'... [more]From Reuters.com: Hedge fund critics are becoming increasingly vocal about the $3 trillion industry, arguing that it produces mediocre returns for clients while enriching managers with exorbitant fees. Some large investors have withdrawn tens of billions of dollars, prompting a string of high-profil
Asia - Philippines makes slow progress on SWF plan... [more]From Asianinvestor.net: Legislative bottlenecks are delaying the establishment of the development fund. Outstanding issues include the amount to be invested and whether it will use an offshore asset manager.
include Foreign firms sweat to secure China private fund licences.
APS, Credit Suisse
People - BlueMountain names Rollo Wigan as client advisor... [more]BlueMountain Capital Management, LLC, a private diversified alternative asset management firm with $22 billion in assets under management, have hired Rollo Wigan as Client Advisor in the firm's London office, where he will support ongoing client and business development activities for BlueMountain a
...And Finally - Even criminals are addicted to their cellphones... [more]From Newsoftheweird.com: At a time of growing awareness that some people seem almost addicted to their cellphones and instant 24/7 communication, police in Brookfield, Wisconsin, released surveillance photos of a woman in the act of robbing banks on March 25 and 27 -- while standing at teller counte