Opalesque Exclusive: Despite bumpy June/July, CTAs hold on... [more]Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,
Man Group’s assets grow on stronger fee revenue, acquisitions... [more]Benedicte Gravrand, Opalesque Geneva: Man Group Plc, the largest publicly traded hedge fund manager, saw its funds under management (FuM) go up 8% in the first half of this year, from $72.9bn at the end of 2014 to $78.8bn at the end of Jun
Fund of hedge funds gained $5.61 billion in AUM during Q1 2015 - eVestment... [more]Bailey McCann, Opalesque New York: eVestment released it's Funds of Hedge Funds Report which shows that funds of hedge funds gained $5.61 billion in assets under management during Q1 2015 for a total of $943.40 billion, accounting for approximately 30.41% of hedge fund industry assets.
Catalyst Funds to acquire Auctos Capital Management... [more]Catalyst Funds, an alternative-focused mutual fund company, today announced the acquisition of Auctos Capital Management, LLC. Under the terms of the deal, Catalyst will convert the Chicago-based firm’s hedge fund, which employs a managed futures strategy, into a mutual fund and will assume the sepa
Carlyle Group hedge fund hits bump... [more]D.C.-based private equity firm The Carlyle Group may have hit a bump in the road with its $4.9 billion hedge-fund firm Claren Road Asset Management LLC.
A noted financial consultant is advising clients invested in Claren Road to pull their money out, according to The Wall Street Journal, citin
Institutions - Taiwan’s labor pensions witness sharp revenue decline... [more]From Asiaasset.com: Taiwan’s Bureau of Labour Funds (BLF) has felt the pinch of the Greek debt crisis and A-share market crash as monthly revenues fell by NT$23.2 billion (US$773 million) to NT$19.24 billion in June. The labor funds realized aggregated revenues of about NT$42.5 billion for the first
Legal - Judge rejects N.J. hedge funder's bid to escape insider trading case... [more]From Reuters.com: A U.S. judge has rejected a New Jersey hedge fund founder's bid to dismiss charges that he illegally traded in shares of children's apparel maker Carter's Inc, ahead of a trial set to begin in Atlanta next Monday.
Steven Slawson, co-founder of Titan Capital Management, had ur
Activist News - Citrix restructures after pressure from Elliott... [more]From FT.com: Citrix Systems put its GoToMeeting video conferencing division up for sale and announced the retirement of its longstanding chief executive, Mark Templeton, in the latest victory for an activist hedge fund in the tech sector.
Elliott Management, which has a 7.1 per cent stake in C
News Briefs - Tudor hedge fund to lease space on Bankers Row in Greenwich... [more]Who wants a long commute to work, especially after you’ve paid more than $70 million for a mansion on Palm Beach’s oceanfront? Not, evidently, billionaire hedge-funder Paul Tudor Jones, who is opening up an office on Bankers Row for his Greenwich, Conn.-based Tudor Investment Corp., the company has