Other Voices: Has Italy crossed the Rubicon?... [more]Zurich / New York, December 5, 2016 – Jon Jonsson, Senior Portfolio Manager Global Fixed Income at Neuberger Berman
Our first thoughts on the Italian referendum result.
The decision by the Italian electorate to vote No in yesterday’s referendum on constitutional reform has numer
Hedge fund performance stronger but not enough to make a good year... [more]Matthias Knab, Opalesque: Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange:
A US equity rally after the election and a major bond sell-off highlighted the month for traditional assets. Many hedge fund strategies were able t
Discouraging trends for women fund managers... [more]Benedicte Gravrand, Opalesque Geneva: Morningstar has issued a research piece on fund managers by gender. The data provider details what it calls "discouraging trends", as across 56 countries, "about one in five funds has a woman manager, and in the eight-year time frame we studied, women have no
SEC charges Onix Capital and owner with fraud... [more]Benedicte Gravrand, Opalesque Geneva: The US Securities and Exchange Commission (SEC) announced on Friday fraud charges and an asset freeze against Miami Beach-based asset management company Onix Capital LLC and owner Alberto Chang-Rajii, a Chilean national who fled the US earlier this year.
Trump's win gives some hedge funds big boost... [more]From BRecorder.com: Donald Trump's US presidential election win gave a huge boost to some prominent hedge fund portfolios, helping them post double-digit gains in November, several investors said. William Ackman's Pershing Square Capital Management posted gains of roughly 10 percent in two portfolio
HFRX Global Hedge Fund Index up 0.87% in November, 1.63% YTD... [more]US equities surged in November in response to the surprise victory by Donald Trump and the Republicans in the US Presidential election. The US equity surge was led by small cap exposures, which posted the strongest monthly gains since October 2011; large cap exposures also posted strong gains led by
Hedge fund firm Moore Capital cuts management fee on largest fund... [more]From WSJ.com: Moore Capital Management, the hedge-fund firm run by billionaire Louis Bacon, has cut charges for investors in its biggest fund. The New York-based firm, one of the industry’s best-known with $14 billion in assets, said in a letter to investors reviewed by The Wall Street Journal that
Asia - Indian startup scene decoded: Hedge funds are fleeing India... [more]From Business-standard.com: Hedge funds were all over the Indian startup scene last year. Look around now and it will be hard to spot one. They have simply fallen off the cliff in 2016. There have been only 10 deals involving hedge funds in the first three quarters of 2016, compared to 50 deals in t
Service Providers - Deutsche Bank to cut off around 3,400 clients... [more]From WSJ.com: Deutsche Bank AG will cut roughly 3,400 trading clients as part of a broader restructuring designed to reduce costs and restore long-term stability to the embattled German lender. The new move, disclosed Friday in a memo to equity sales, sales trading and structuring staff, affects “ac
…And Finally - Not my job!... [more]From BizarreNews.com: Traffic cops and meter maids write tickets. That's what they do. That's their job. They don't fool around with, say, building code enforcement. You don't see traffic cops fighting fires.
So when an SUV was parked on the street just blocks from the Broward County Courtho