Other Voices: Hedge funds and position crowding... [more]This article was authored by Andrew Beer, founder of Beachhead Capital Management LLC in New York.
As of mid-month October, 2014, the S&P 500 was down over 5% and the MSCI World was down 6%. In this context, drawdowns among hedge
ICBC launches first UCITS onshore RMB fixed income fund... [more]Komfie Manalo, Opalesque Asia: Industrial and Commercial Bank of China’s European subsidy ICBC (Europe) S.A., has become the first EU registered Chinese bank to launch an onshore RMB fixed income UCITS fund, after receiving approval in principle from CSSF, the Luxembourg regulator.
Duet Commodities positioned for oil volatility... [more]From Valuewalk.com: With returns of 12.31 percent year to date, Duet Commodities fund continued to tread water in September, down -0.34 percent after being down slightly in August and July, according to a letter to investors reviewed by ValueWalk. The strategy has three primary performance drivers.
Eclectica hedge fund bleeding assets... [more]From FT.com: Hugh Hendry, one of Britain’s highest profile hedge fund managers, has haemorrhaged assets from his fund, in spite of relatively robust performance compared with his peers. Eclectica Asset Management, the hedge fund Mr Hendry has run since 2005, has seen its assets under management fall
…And Finally - Singing nun covers Madonna's Like a Virgin... [more]From Orange.co.uk: A singing nun who won the Italian version of the The Voice has released a cover of Madonna's Like a Virgin for her debut single.
"I chose it myself. Without any desire to provoke or scandalize," Sister Cristina Scuccia, 26, told the Catholic newspaper Avvenire.