Man Group increases assets by 3% in 2016... [more]Benedicte Gravrand, Opalesque Geneva: As of the end of 2016, Man Group held $80.9bn in funds under management, up 3% from the previous year, and registered net inflows of $1.9bn, compared to $0.3bn
Comment: Don't Call it a Comeback... [more]Matthias Knab, Opalesque: RCM Alternatives writes on Harvest Exchange:
That's why you invest in a process, not a track record. For now, it's worth acknowledging and recogn
Fortress ends 2016 with AUM down 1%... [more]From PIOnline.com: Fortress Investment Group's assets under management were $69.6 billion as of Dec. 31, down 1% from both Sept. 30 and a year earlier, the alternative investment firm's fourth-quarter earnings released on Tuesday show.
In 2016, Fortress raised a total of $1.3 billion in capita
An AI hedge fund is trying to make Wall Street more open source... [more]From PSFK.com: You probably remember when Bitcoin was first invented in 2009 as a digital currency that requires no banks, no transaction fees, and totally anonymous merchandising. It's purchased and sold on online marketplaces, allowing Bitcoins to retain a monetary value, and use encryption techni
Comment - How hedge funds can win a losing battle... [more]From EJInsight.com: With just about one year to go, billionaire investor Warren Buffett is almost certain to win his decade-long bet that a basket of hedge funds would fail to keep pace with an S&P 500 Index fund.
Stock picking and market timing are two basic ways hedge funds can outperform in
...And Finally - $4 billion bail for murder suspect... [more]From Newsoftheweird.com: The highest bail amount ever ordered in America - $4 billion for murder suspect Antonio Willis - was briefly in play in Killeen, Texas, in February, set by Bell County's elected Justice of the Peace Claudia Brown.
Bail was reduced 10 days later to $150,000 by a distri