Comment: Is China's yield curve signaling a further economic slowdown?... [more]Matthias Knab, Opalesque: PIMCO writes on Harvest Exchange: Why China's yield curve became inverted and what it means for the economy. In the bond

Event driven hedge funds continue upward climb... [more]Komfie Manalo, Opalesque Asia: Event driven hedge funds continue their upward climb gaining 5.1% year-to-date supported by the catch-up in financials and in less crowded smaller caps, which offset some losses in healthcare positions. The Lyxor Hedge Fund Index was flat during the period (+0.4% YT

Tages Capital closes Helios Fund on €250M... [more]Bailey McCann, Opalesque New York: Tages Capital SGR has closed its Tages Helios Investment Fund on €253 million. Tages Helios is a renewable energy investment fund focused exclusively on the Italian solar infrastructure sector and represents one of the largest fundraisings dedicated to the secto

Trinitas Capital Management closes investment from Pine Brook... [more]Bailey McCann, Opalesque New York: Trinitas Capital Management, a Dallas-based collateralized loan obligation (CLO) manager, today announced that Pine Brook, an investment firm has closed its previously announced $250 million line of equity commitment in the company. "We believe that Pine Br

QUALGRO ASEAN-focused fund spins out from the Gordian Capital platform as QUALGRO VC grows... [more]Qualgro and Gordian Capital announced the spin out of the QUALGRO ASEAN FUND I, L.P. from the Gordian Capital platform. Since 2005, Singapore-based Gordian Capital has provided a regulated, physical and operational infrastructure for institutional quality teams seeking to launch Private Equity, Vent

Barclay CTA Index Gains 0.06% in May (+0.67% YTD)... [more]Managed futures traders gained 0.06% in May according to the Barclay CTA Index compiled by BarclayHedge. Year to date, the Index has lost 0.67%. Four of Barclay's CTA indices had gains in May, and four had losses. The Financial/Metals Traders Index was up 0.88%, Systematic Traders gained 0.13%, and

Assets - Hedge fund inflows get boost in may, bring YTD total to $23.3bn, Brazil's Hedge Investments to raise money for listed REIT strategy, Assets tumble at Meister's Corvex and McGuire's Marcato... [more]Hedge fund inflows get boost in may, bring YTD total to $23.3bn From Valuewalk.com: The hedge fund industry is showing signs of life. Flows are not overwhelmingly positive, but positive enough in May, and in enough months of 2017 to indicate that 2016 may have been simply a reaction to a

FinTech - 'Quant:' the buzzword hedge fund workers can no longer afford to ignore... [more]From CNBC.com: If there ever were a sign of the times, it would be the hoard of hedge fund employees piling into Manhattan's conservative Union League Club on a recent day to spend time soaking up information and contacts in one of the hottest facets of finance: quant. Many of the attendees work at

Comment - Hedge funds are no place for public pension investments... [more]From SFChronicle.com: In 2016, for an eighth consecutive year, the average hedge fund trailed the return of the benchmark S&P 500 index. That underperformance has averaged more than 5 percent each year. But that didn't stop the top-paid hedge fund managers from raking it in, regardless of their fund

Regulatory - Amid predictions revenue could tank 50%, asset managers still unprepared for Mifid II... [more]From Valuewalk.com: The EU is rolling out new rules for banks and Mifid 2 Research regulations will change a lot in the financial industry from high fees to laying off analysts. Banks and financial institutions have become used to bowing to regulators' demands with the tidal wave of regulation that

Legal - Bank gets $4 million from Nadel Ponzi fund, Ex-hedge fund VP wins $7.9m tax refund on bonus... [more]Bank gets $4 million from Nadel Ponzi fund From Heraldtribune.com: Wells Fargo Bank will pocket more than $4 million to resolve a dispute with the receiver in the Arthur Nadel Ponzi scheme. A federal judge signed off Wednesday on a settlement between the giant bank and the receivership,

People - Rokos recruits veteran Credit Suisse trader to hedge fund, Aberdeen Asset Management: Standard Life and Aberdeen name key execs, Dubai banking giant appoints first female Emirati as CEO... [more]Rokos recruits veteran Credit Suisse trader to hedge fund From FNLondon.com: Hedge fund manager Chris Rokos has made another senior hire from an investment bank as he looks to build out his $6.8bn fund. Robin Wilson spent almost 20 years at Credit Suisse in roles including head of emergi

Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams... [more]Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

Activist News - Investor activists sceptical about MSCI China inclusion... [more]From Reuters.com: MSCI's decision to add China-listed stocks to a key benchmark will give investors a stake in China's growth, but the cost of such access will be exposure to persistently weak corporate governance in the country, investor activists and analysts said. The U.S. index provider sa

News Briefs - AIB sale to raise Euro 3bn as price deters hedge funds... [more]The government is set to net just under €3 billion from the part sale of AIB as the bookrunners recommend a final share price offer between €4.40 and €4.45 per share later today. AIB said yesterday that orders below €4.40 risked losing out on the share offering. It is understood that a sizeable majo

...And Finally - Nighttime barbecue festival in downtown Memphis!... [more]From Newsoftheweird.com: On May 19, Carl Webb and his wife left a nighttime barbecue festival in downtown Memphis and headed home. They drove 14 miles on an interstate highway before a police officer pulled them over to ask if Webb knew there was a body on his trunk. The man was clinging to the lip