Opalesque Exclusive: Q2, H1 end positively for hedge fund performance... [more]Bailey McCann, Opalesque New York: New hedge fund monitor data from Citi Prime Finance shows that overall, hedge funds ended the month of June and the first half of the year positively. Composite hedge fund performance, equal-weighted across funds, ranged from +0.93% to +1.73%. June-14 performa
Around the world’s tax-havens in two minutes... [more]Benedicte Gravrand, Opalesque Geneva: Bradley Hackford, a London-based relocation firm, ranked the ten countries "where it is interesting to establish a physical and tax residence" in a
Malcolm Turnbull's son said to start hedge fund in Singapore... [more]From SMH.com.au: Alex Turnbull, son of Federal Communications Minister Malcolm Turnbull, is planning a Singapore-based hedge fund, said people with knowledge of the matter. Mr Turnbull, who has been an executive director of Goldman Sachs Group's special situations group, will be the chief investment
Dan Loeb’s Third Point reopens flagship fund... [more]From Valuewalk.com: Third Point LLC, a hedge fund headed by activist investor Dan Loeb reopened its flagship fund to accept new investments for a short period only, according to report from the Wall Street Journal based on information from people familiar with the situation.
During a quarterly
SSG completes $915m final close of third Asia fund... [more]From Chinamoneynetwork.com: Hong Kong-based special situations investment firm SSG Capital Management has reached a final close of its third Asia special situations fund at US$915m, according to media reports.
The fund, named SSG Capital Partners III LP, has an initial target size of US$800 mi
Newedge Commodity Trading Index up 0.63% in June (+3.55% YTD)... [more]From Automatedtrader.net: Newedge, a provider of multi-asset brokerage and clearing, has announced the performance for its suite of hedge fund indices for the month of June. Commodity funds, as represented by the Newedge Commodity Trading Index, were the best performers in June, finishing the month
David Koch leads Australian hedge funds’ migration to U.S.... [more]From AFR.com: David Koch, the former finance journalist who parlayed his knowledge of stocks and shares into breakfast TV stardom, is at the forefront of the next wave of Australian investment in US hedge funds.
Kochie is the new chairman of a listed investment company, Global Wealth Partners
Institutions – Foundations, endowments remain bullish on hedge funds... [more]From Thinkadvisor.com: Endowments and foundations continue to favor hedge fund strategies, according to NEPC’s second quarter measure of these organizations’ confidence and sentiment related to the economy, investing and market performance.
Sixty-five percent of respondents reported hedge fund
Asia – Hedge funds keep Singapore’s asset management industry afloat... [more]From Forexmagnates.com: …The Monetary Authority of Singapore (MAS), the joint central banking and financial regulatory authority, has reported that the total assets managed by Singapore-based fund managers grew by 11.8 per cent to $945 billion last year, (2013). The annual report issued by the autho
…And Finally – What will humans look like in 100,000 years?... [more]From MNN.com: A speculative look at how advanced genetic engineering technology might reshape people's faces over time.
The future is always unknown, especially the distant future, but that shouldn’t stop us from making educated guesses. That’s exactly what artist and researcher Nickolay Lamm