The Big Picture: Hugh Hendry out of long dollar and long Treasury positions... [more]Benedicte Gravrand, Opalesque Geneva: Hugh Hendry, founder and CIO of Eclectica Asset Management, has gained much from a bet on the dollar rising in the last year or so, but he has decided to get out of that position. To him, the global economy is gearing towards more income equality and growth,
Only few hedge funds have direct hedge fund exposure to Greece... [more]Komfie Manalo, Opalesque Asia: The Greek risk is limited for hedge funds on the Lyxor platform as few
funds hold direct net exposures to Greek assets, and moreover these are
fairly limited, said Lyxor
Only 11 funds are dir
John Hancock Investments launches UCITS platform in Ireland... [more]Komfie Manalo, Opalesque Asia: John Hancock Investments has announced the launch of John Hancock Worldwide Investors, PLC, a Dublin-domiciled UCITS (Undertakings for Collective Investment in Transferable Securities) platform designed to extend the reach of firm's signature manager-of-managers
Roundtable A.M. launches Growth fund... [more]Roundtable Asset Management, Ltd. is launching the Roundtable Growth Fund, Ltd. on July 1, 2015. The investment objective of the Fund is to maximize long-term capital appreciation. The Fund will seek North American investment opportunities that are not well followed by the investment community. The
Highland ETFs offer hedge fund-mimicking alternative... [more]From TheStreet.com: Nervous about a tired bull market, rising bond yields and a potential Greek exit? Investors no longer have to search far or pay a steep hedge fund fee for peace of mind, according to Ethan Powell, chief product strategist for Highland Capital Management Fund Advisors.
Asia - China fund association seeks to rally confidence as stocks tumble... [more]From Reuters.com: China's fund association on Tuesday sought to rally confidence as the country's stock markets tumbled, by saying the falling prices presented valuable buying opportunities if hedge fund managers made rational investment decisions.
"Confidence is more important than gold," Ass
…And Finally - How Chinese students use high-technology to cheat on exams... [more]From Newsoftheweird.com: U.S. students may be clever, but they apparently badly trail Chinese students in the genius of cheating on exams (and especially on the use of cheat-enabling technology).
The government's newest anti-fraud weapon, employed recently in the city of Luoyang during the cr