Hedge funds fell second week of August as Trump and North Korea rattle saber... [more]Komfie Manalo, Opalesque Asia: Hedge funds were down from the week covering August 8 to 15, with the Lyxor Hedge Fund Index down -0.6% during the period (0.0% YTD). Lyxor Asset Management said that global macro funds underperformed, though returns w

New quant algorithm tools allow students compete even with the largest hedge funds... [more]Komfie Manalo, Opalesque Asia: What was once reserved for the elite is now available to everyone. Quantiacs, the first marketplace for quantitative trading algorithms and a registered Commodity Trading Advisor (CTA), has released a

Dalio voices concern over broad inequality in the US... [more]Bailey McCann, Opalesque New York: Bridgewater Associates founder and co-CIO Ray Dalio thinks democracy in the US is under threat. In a LinkedIn post Monday morning, the hedge fund manager noted that the US feels very much like 1937 and that the polity may be too divided to be brought together ag

Brevan Howard co-founder to move back to London... [more]Bailey McCann, Opalesque New York: Alan Howard, co-founder of Brevan Howard Asset Management is returning to London, the Wall Street Journal is reporting. Howard had been li

Crypto Venture Fund 1confirmation launches with investment from Mark Cuban... [more]From Forbes.com: As more and more money seeks to enter the burgeoning field of blockchain-based crypto assets - including more than a dozen hedge funds opening up this summer - Coinbase alum Nick Tomaino launches a crypto venture fund, 1confirmation. The fund, which is aiming to raise $20 million, h

FinTech - Bitcoin analysts compete for highest forecast as profile grows... [more]From Newsmax.com: Even the skeptics can't avoid weighing in on bitcoin. It seems like everyone is coming up with a price forecast these days, with some of the biggest banks including Goldman Sachs Group Inc. jumping into the action, while speculators to long-time investors are also making their bets

Outlook - Hedge fund veteran Diggle says odds against '08 rout redux... [more]From Bloomberg.com: Stephen Diggle said market turbulence is certain to surge. But he doesn't plan to resurrect his volatility hedge funds, which made $2.7 billion in the global financial crisis, as central banks will stop a repeat of the unprecedented price swings reached in 2008. An unexpect

Comment - Has Harry Hedge fund had his chips?... [more]From Standard.co.uk: Two stereotypes exist about hedge-fund types. One is that they are a bunch of evil schemers, trousering gazillions from plots to force down wages and force up the price of rice, water and everything else we really need. The second is that they are a bunch of half-bright po

Legal - Hedge fund adviser charged for inadequate controls to prevent insider trading, Mnuchin hints at keeping carried interest tax break for some, In rare win, hedge fund manager beats SEC in administrative court... [more]Hedge fund adviser charged for inadequate controls to prevent insider trading From Mondovisione.com: The Securities and Exchange Commission today announced that hedge fund advisory firm Deerfield Management Company L.P. has agreed to pay more than $4.6 million to settle charges that it f

Asia - Global funds expanding into massive Chinese investment market... [more]From CNBC.com: As China's financial markets mature, major non-Chinese financial firms increasingly want to open funds in the country and tap the multitrillion-dollar institutional investor market there. This summer, UBS Asset Management received a license for private fund management in mainland Chin

People - This growing U.S. hedge fund has hired from Goldman Sachs and Morgan Stanley in London, Wilshire Consulting promotes four to managing director, SANNE builds out Hong Kong office, appoints Mark Law to the newly created role of Managing Director, Alternative Assets... [more]This growing U.S. hedge fund has hired from Goldman Sachs and Morgan Stanley in London From eFinancialcareers.com: Balyasny Asset Management, the Chicago-based firm aiming to become the "Amazon of hedge funds", has continued to build out its London operation and is still poachin

Commodities - Hedge funds buying gold as investors seek Trump 'insurance', Hedge funds pile up bearish bets on ags, as supply hopes revive... [more]Hedge funds buying gold as investors seek Trump 'insurance' From Gulf-Times.com: American politics has taken a chaotic turn this month, and that's reviving the appeal of gold for investors. Futures are trading near a nine-month high as President Donald Trump's reaction to a white-s

Investing - Silchester International Investors buys 5% stake in bookie William Hill, Hedge funds split over Microsoft, Top hedge funds are bullish on these 3 mega-cap stocks, Hedge funds betting demise in small-cap stocks will get worse... [more]Silchester International Investors buys 5% stake in bookie William Hill From Thisismoney.co.uk: A leading investment fund has put its cash behind under-pressure William Hill. Mayfair-based Silchester International Investors has bought 5 per cent of the bookmaker's stock - which has almos

Activist News - Ackman fires back after ADP rejects new board candidates... [more]From Reuters.com: Automatic Data Processing Inc on Monday rejected billionaire investor William Ackman's three proposed board candidates, sparking more criticism from the hedge fund manager who is trying to shake up the human resources outsourcing firm. The latest salvos from both sides all-bu

News Briefs - Martin Shkreli was 'his own worst enemy,' juror says... [more]Martin Shkreli, a juror at his fraud trial said on Monday, was "his own worst enemy." On Aug. 4, after a five-week trial and five days of deliberations, the jury in federal court in Brooklyn found Mr. Shkreli guilty on three of eight counts. He was convicted of securities fraud - for lying to hedge-

...And Finally - If all rains are like this, world hunger will end... [more]From Newsoftheweird.com: The Adair family of Deerfield Beach, Florida, were startled awake on July 15 by the sound of something meaty crashing onto their roof. When they investigated, they found two packages of Italian pork sausage in the side yard, and three more packages still on the roof.