Many CTAs have become more short-volatility in the last five years... [more]Benedicte Gravrand, Opalesque Geneva: Quantitative easing has reduced and then suppressed volatility for the last five years. So analysts at R.G. Niederhoffer Capital Management recently examined if there had been a tendency for CTAs and hedge funds to adjust their styles to become more 'shor
ConvergeEx: Investors underestimate volatility potential... [more]Bailey McCann, Opalesque New York: Investment professionals say that investors are too complacent about the potential rise in volatility that could hit financial markets in the coming months according to new research from ConvergeEx Group. 71% of survey respondents expect volatility to climb from
Investors in Russia may lose a lot... [more]Benedicte Gravrand, Opalesque Geneva: Russia is making the headlines almost daily, and these are especially tied to the crash of MH17, Ukraine, and new economic sanctions.
On Tuesday 29th July, the European Union announced its intention to start trade and economic
Funds of hedge funds reverse asset slide... [more]From Risk.net: Assets under management (AUM) for commingled fund of hedge funds (FoHF) vehicles increased $21.93 billion in Q1 2014, to a total of $932.45 billion. Performance gains represented $8.35 billion in asset growth and investor flows accounted for a net increase of $13.57 billion, the first
Bears who won big during finance crisis are growling again... [more]From WSJ.com: Many of the Wall Street money managers who made billions by anticipating the U.S. housing bubble see more trouble on the horizon.
Unlike before the crisis, when those traders were mostly united against subprime mortgages, the wagers vary this time. Some are against U.S. junk bond
Man Group's funds under management up 7% to $57.7bn... [more]…Manny Roman, Chief Executive Officer of Man, said, “In the first half of 2014, we made progress towards our strategic objectives taking significant steps to position the firm for future growth and largely completing our restructuring process. We were delighted to announce the planned acquisitions o
Hedge fund Aurelius denies any serious proposition to buy its holdout bonds... [more]From Mercopress.com: Aurelius Capital Management has shot down speculation that the hedge fund was fielding a viable private-sector proposal for selling its untendered Argentine sovereign debt in a bid to shorten the amount of time Argentina is in default.
Failure to reach an agreement between
Institutions – Montana Board of Investments reports 17.73% return... [more]From PIonline.com: Montana Board of Investments, Helena, returned a gross 17.73% for its pension funds with a total $9.8 billion in assets for the fiscal year ended June 30, said David Ewer, executive director, in an e-mail.
The pension funds’ custom benchmark return has not been finalized, but
Australasia – Some Australian funds back Gazprom... [more]From AFR.com: It’s the stock that so many global “value” fund managers hate to love. The world’s largest gas company that has become a foreign policy tool for Vladimir Putin is in the bargain bin of some Aussie fund managers and in the too hard basket for others. By any valuation metric, the shares
…And Finally – You think getting auto texts is bad ...... [more]From BizarreNews.com: A Polish priest claims that "an evil spirit" has taken over the body of a teenager, and that the demon within the girl is sending him nasty text messages. Father Marian Rajchel performed an exorcism on the girl; he claims the texts started coming shortly thereafter.