Crypto hedge funds hit with sharp losses in March... [more]Komfie Manalo, Opalesque Asia: Cryptocurrency-focused hedge funds sustained a sharp drop last month, extending their loss to three consecutive months as prices of digital currencies plunged during the volatile period. BarclayHedge's newest index, the Barclay Cryptocurrency Traders Index, fell 29.
Hedge funds recover in mid-April as global markets gain... [more]Komfie Manalo, Opalesque Asia: Hedge funds posted gains through mid-April, buoyed by the recovery in the global financial markets as trade and tariff policy discussions proceeded while geopolitical tensions increased with missile strikes in Syria, data provider
Avenue Capital to launch 'impact' investment fund, source says... [more]From Reuters.com: Avenue Capital Group LLC, a New York-based investment firm with $9.4 billion in assets under management, plans to launch a fund this year that will focus on so-called impact credit investments, according to a person familiar with the matter. The Avenue fund will primarily make debt
Hedge fund assets rise to begin 2018 AS HFRI tops equities... [more]Hedge fund capital increased in the first quarter of the year, rising to a seventh consecutive record as investors reduced equity market beta in favor of M&A-focused Event-Driven (ED) exposures and fixed income-based Relative Value Arbitrage (RVA) strategies. Total hedge fund industry capital global
U.S. pension fund collapse isn't a distant prospect, it could come in 5 years... [more]Warnings about looming public pension disasters have regularly cropped up since the 1950s, pointing to problems 25 years or more down the line. To politicians and union leaders, the troubles were someone else's predicament. Then crisis fatigue set in as the big problem remained down the road. Today,
Manager Profile - Meet the highest-earning hedge fund managers tracked by Forbes... [more]From Foxbusiness.com: Ten years after Bear Stearns, hedge fund giants John Paul and Bill Ackman make cuts to their staff, suggesting instability within their financial institutions. English financier Michael Platt and American investing legend James Simons earned more money than any other hedge fund
Global debt is at historic highs and governments should start cutting levels now, the IMF says... [more]From CNBC.com: Global debt hit its highest levels ever and governments should take actions to reduce their indebtedness while the going is still good, the International Monetary Fund said. Total debt levels globally came in at a record $164 trillion in 2016, amounting to 225 percent of the world eco
Regulatory - SEC staff issues risk alert on the six most frequent fee and expense compliance issues... [more]From international law firm Proskauer: On April 12, 2018, the SEC's Office of Compliance Inspections and Examinations (OCIE) issued a risk alert listing the most common compliance issues concerning fees and expenses charged by SEC-registered investment advisers. This follows remarks delivered on Sep
Europe - Countdown to Brexit... [more]From international law firm Akin Gump: At 11:00 p.m. U.K. time on 29 March 2019 the United Kingdom is expected to leave the European Union ("BREXIT Day"). The below timeline sets out milestones in the lead up to BREXIT Day, and thereafter. Please note that there is some uncertainty about the timing
Asia - Hedge fund manager Cohen heads east to 'swing big' with Point72 Ventures... [more]From Business-standard.com: Hedge fund manager Steven Cohen is bringing his passion for tech startups to Asia, along with his checkbook. Point72 Ventures, which invests mostly the billionaire's money in early-stage companies, is starting to evaluate prospects on the continent after putting millions
Activist Investors - Hedge fund Elliott steps up pressure on Vivendi over Telecom Italia... [more]From Reuters.com: Activist investor Elliott Advisors lambasted Vivendi on Thursday after the French media group defended its strategy as the main shareholder of Telecom Italia (TIM). The activist fund has built up a 9 percent stake in TIM and is asking for changes at the board at a shareholders vote
...And Finally - Just can't get enough... [more]From Newsoftheweird.com: It's been a twisty, U-turny road for Brittany Ann Koerselman, 19, and her first (soon-to-be second) husband, Jeremie Rook, 24, of Little Rock, Iowa. The two originally married in 2014, when Koerselman, then 15, was pregnant with Rook's child. But they divorced when she was 1
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Benedicte Gravrand, Opalesque Geneva: Bill Michaelcheck, founder and CIO of Mariner Investment Group, an alternative asset manager headquartered in New York, believes the market has turned a corner and that volatility is here to stay. Now is a good time for fixed income investors to do arbitrage bet..
