Opalesque Exclusive: BlueMountain Summit Opportunities Fund II closes on $1bn... [more]Bailey McCann, Opalesque New York: New York-based BlueMountain Capital Management, a hedge fund with $20 billion in assets under management has reached a first close on its BlueMountain Summit Opportunities Fund II at $1 billion. The fund will focus on opportunistic investments across several ass
Opalesque Radio: ING favours global equities, listed real estate for 2015... [more]Benedicte Gravrand, Opalesque Geneva: ING’s base case scenario for 2015 is that the global economy will experience a more sustainable growth than in recent years, Valentijn van Nieuwenhuijzen told Sona Blessing in a recent
FX hedge funds gain 3.65% in 2014 on strong U.S. dollar... [more]Komfie Manalo, Opalesque Asia: The strong U.S. dollar and the continued downward spiral of oil prices helped push FX hedge funds to gain 3.65% in 2014, said Parker Global Strategies. The Parker FX Index reported a +0.67% return for the month of D
Update: Hedge fund manager Francisco Illarramendi sentenced to 13 years in prison... [more]Komfie Manalo, Opalesque Asia: A U.S. court on Thursday sentenced convicted hedge fund manager Francisco Illarramendi, 45, to 13 years in prison for running an elaborate Ponzi scheme in Connecticut that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, reports
Endowments average 15.5% return in FY2014... [more]Bailey McCann, Opalesque New York: Educational endowments, some of the leading investors in alternatives, averaged 15.5% return for FY2014, according to the latest NACUBO-Commonfund Study of Endowments. This is an increase over FY2013, which saw 11.7%. In total, the study looks at 832 institution
Former hedge-fund managers hit the comeback trail... [more]From WSJ.com: It can be tough to start over in the hedge-fund world. The $2.8 trillion industry is strewed with tales of managers who, after shutting down large funds, relaunched only to limp along or close again. Undaunted, veteran stock pickers Michael Karsch and Adam Weiss plan to launch new fund
Regulatory - Retail alternatives on the 2015 priority list of the SEC and FINRA... [more]From Dailyalts.com: The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) are the two leading regulators of the U.S. securities market. Unfortunately, the alternative investment industry has drawn their scrutiny, as both agencies listed retail alternati
People - Circle Squared Alternative founder and CIO, Jeff Sica, appointed as advisor to AITV board... [more]From Heraldonline.com: Circle Squared Alternative Investments (CSQ), a provider of certain outsourced Chief Investment Officer (OCIO) services specializing in alternative assets, has announced that Jeff Sica, founder and CIO of CSQ, has been appointed as a special advisor to the board of AITV, a San
…And Finally - Woman blows up toilet trying to kill cockroach... [more]From Metro.co.uk: Cockroaches are notoriously hard to kill. In the ‘Who would survive a nuclear war?’ debate, it is accepted that the creepy-crawlies would endure.
Even when you chop them in half they keep wiggling. Even when you chop their heads off (which kills vampires for goodness’ sake),
RSS
This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics."
Elliott Associate discloses Informatica stake
On January 26th, 2014, an activist hedge fund Elliott Associates, managed by Paul Singer, disclosed a large stake i..
Benedicte Gravrand, Opalesque Geneva: John Butler, author and veteran fund manager, believes the conditions are set for an abrupt decline in the US dollar.
"A strong dollar was a key component of the Asian currency crises of 1997-98," he wrote in the latest Amphora Report. "These contributed to sh..
