Opalesque Exclusive: New India hedge fund focuses on consumer names... [more]Benedicte Gravrand, Opalesque Geneva for New Managers: A newly-launched India focused fund has placed itself in a sweet spot by applying a strategies that are rare in that particular market, namely, factor-based sys

Investors, asset managers need 'collaborative partnership' for transparency in alternative assets... [more]Komfie Manalo, Opalesque Asia: A white paper released by wealth management provider Northern Trust calls for a "collaborative partnership between the buy and sell sides" to develop industry standards, and says a "more nuanced conversation a

Apex Fund Services announces acquisition of Deutsche Bank's alternative fund services business... [more]Apex Group Ltd. and Genstar Capital today jointly announced the acquisition of the Deutsche Bank Alternative Fund Services business. The latest joint announcement from the firms reveals the rapid expansion of Apex since the company was recapitalized with Genstar and simultaneously acquired Equinoxe

Dymon Asia hedge fund to raise $600 million in equity expansion... [more]From Bloomberg.com: Dymon Asia Capital (Singapore), the hedge fund manager that made its name betting on macro-economic themes, plans to raise an additional $600 million for a stock fund as it expands its equity business, said President Jay Luo. The Dymon Asia Equity Fund oversees more than $400 mil

SS&C GlobeOp Forward Redemption Indicator: October notifications 2.69%... [more]The SS&C GlobeOp Forward Redemption Indicator for October 2017 measured 2.69%, down from 3.72% in September. "SS&C GlobeOp's Forward Redemption Indicator of 2.69% for October, 2017 reflects improved levels of redemption notices as compared to the 3.40% reported a year ago for October, 2016. Th

Assets - Steady HFRI gains drive industry assets to record, Maverick Capital will begin losing its investors' money for free now... [more]Steady HFRI gains drive industry assets to record Steady performance and investor inflows through 3Q17 increased total hedge fund capital to a 5th consecutive record quarterly level, as global economic growth prospects improved despite continued elevated geopolitical risks. Total hedge f

FinTech - Protos ICO breaks new ground for hedge funds, Backroom battle imperils $230m cryptocurrency venture, CloudQuant is a trade strategy incubator that's looking to develop and fund algorithm traders, Tokenizing a VC fund for liquidity: How SPiCE VC built on the Blockchain Capital model, Blythe Masters's blockchain firm raises money, hires executive, Self-taught AI beats one that learned from human experts 100:0... [more]Protos ICO breaks new ground for hedge funds From Invezz.com: Hedge funds are not sitting on the sidelines of the cryptocurrency asset class, with some raising capital to take advantage of price difference in bitcoin and others still designed to profit from upcoming ICOs. Still it's unco

Studies - Hedge fund strategies in the aftermath of global crisis... [more]From Allaboutalpha.com: Mariya Domina Repiquet, a candidate for the Master of Science in international finance at the University of Strasbourg, has written a paper analyzing hedge fund investment styles and strategies just after the global financial crisis, that is, in the period 2009-10. The work c

Quant hedge funds caught out by Fed and BoE rate rise talk, Hedge fund stars are losing their sway... [more]Quant hedge funds caught out by Fed and BoE rate rise talk From FNLondon.com: Computer-driven hedge funds that have been betting on continued declines in the dollar, pound and government bond yields took a battering last month when the Federal Reserve and the Bank of England pointed to f

Legal - Barclays sued by fund for $850m for copper market abuse... [more]From Bloomberg.com: Red Kite Management Ltd., the world's largest metals hedge fund, is suing Barclays Plc for alleged market abuse in the copper market that it claims cost the firm at least $850 million between 2010 and 2013. The case pits a $2 billion hedge fund against a bank that has been hit by

North America - Canceling Puerto Rico debt 'impractical,' says hedge fund billionaire Klarman... [more]From WSJ.com: Billionaire hedge-fund manager Seth Klarman questioned the wisdom of expunging Puerto Rico's financial obligations in a Wednesday letter to his investors. The message from one of Puerto Rico's most prominent investors was a response to intensifying calls for deep write-downs on the U.S

People - Brevan Howard PM re-emerges at expanding London hedge fund... [more]From eFinancialcareers.com: A former Brevan Howard portfolio manager, who left in June last year, has re-emerged at credit-focused hedge fund that's quietly been hiring from investment banks. Shawn Cooper, who spent at year at Brevan Howard after joining from Deutsche Bank in May 2015, is now a port

Investing - Investors are flocking from funds that are beating the market, to the tune of $154bn, Steve Eisman says bet against Wells Fargo and go long Citigroup, Amid stretched valuations, Leon Cooperman ups cash load, Interserve moved into the crosshairs by Carillion conqueror hedge fund, The company that owns the Knicks, Rangers and Rockettes could pop 40%, New fund targets large, late-stage venture-backed 'Unicorns'... [more]Investors are flocking from funds that are beating the market, to the tune of $154bn From CNBC.com: In a year when the market has posted a rally the strength of which few saw coming, investors are making billions of dollars in wrong-way bets. U.S. stock-focused active funds beating the m

Activist News - BHP Billiton mining boss fights off coup attempt from vulture hedge fund Elliott... [more]From Thisismoney.co.uk: The boss of embattled miner BHP Billiton has come out fighting against an attack from vulture hedge fund Elliott. Andrew Mackenzie, 60, said his strategy had the backing of investors and management - and he won the support of the company's new chairman. Reports emerged

...And Finally - Revenge of the fish... [more]From BizarreNews: A British man's heart stopped after he accidentally swallowed a 6-inch long Dover sole on a fishing trip in Boscombe, in southern England. The man, 28, who was not named, went into cardiac arrest after the fish jumped in his mouth, blocking his throat. However, paramedics were abl