Opalesque Exclusive: Recent developments have been good for ManCos... [more]B. G., Opalesque Geneva: The European funds market may be a complex environment, but ManCos are here to take on the burden of the paperwork and transform most funds into a European vehicle ready for distribution.
In part 2 of this interview, Julian Mayo, head of business development at
StepStone raises $600m for debut distressed credit fund... [more]Laxman Pai, Opalesque Asia: The global private markets firm StepStone Group has raised more than $600m for its Credit Opportunities Fund I (SCOF I), which will target both liquid and illiquid credit at stressed, dislocate, and distressed entry points.
The US-based investment firm specializin
Hedge funds scale back bets on US stocks as losses surge... [more]From FT: Hedge funds focused on US equities are pulling back sharply on their bets after the longest stretch of sustained selling in more than a decade left many managers nursing stiff losses.
The S&P 500 index has fallen for six weeks in a row in a tumultuous stretch that on Thursday left Wal
Tiger Global: The hungry hedge fund... [more]From FT: Ever since it walked away from buying a stake in Alibaba, New York hedge fund Tiger Global has vowed never to make the mistake of passing on what could become a market-leading company. During the most recent pandemic, Tiger Global has appeared even more determined than ever, and venture cap
Investing: Tiger Cubs crushed by stocks that made hedge funds billions,... [more]From Bloomberg: Chase Coleman and other so-called Tiger Cubs made billions crowding into the same collection of high-flying technology stocks including Netflix Inc., Carvana Co. and Shopify Inc.
Now those shares are in free-fall, along with the hedge funds that piled into them. Clients are ang
Commodity: LME boss wants to crack open a black box of commodity trading... [more]From Bloomberg: The London Metal Exchange's demand for details of private deals between its members and their clients marks a line in the sand by chief Matthew Chamberlain, as he seeks to repair the market's reputation and avoid a repeat of this year's nickel-market chaos.
Yet it's likely to r
U.S.: US investor John Rogers on how black-run funds still have to fight for equality... [more]From FT: Allocations to diverse managers are still lagging far behind those to white managers, as racial bias and outdated practices continue to impede growth and development of non-white investment talent in the US, says John Rogers, founder of $15bn fund Ariel Investments.
"People are used t
Study: For a decade, pensions wanted yield from real assets. Now they want inflation protection... [more]From Institutional Investor: In the endless quest for yield, state pensions have been quietly moving a significant amount of money into real assets over the last decade. Now they are hoping these investments can protect them from inflation.
Between 2011 and 2021, institutional investors incre
Family Offices: Traditional family offices emerge as unlikely venture capitalists... [more]From FT: Few people would guess that Jed York, owner of the San Francisco 49ers football team, is an early investor in dozens of technology start-ups.
The 42-year-old owes his wealth to sports and shopping malls: his grandfather made his riches in Midwest property before buying the 49ers in 19
Legal: UK court blesses charity trustees' Paris-aligned strategies... [more]From IPE: The England and Wales High Court has ruled that trustees of two charitable trusts are permitted to implement a Paris-aligned investment strategy even though this might cause financial harm in the short-term.
The charities in question in the case, Butler-Sloss v Charity Commission, ar
And, finally: Criminal of the week... [more]From BizarreNews: San Diego police arrested pair of package thieves and found a car full of stolen items along with an incriminating to-do list.
Kristina Green, 19, and Gary Withers, 38, were arrested when an Amazon delivery driver called 911 after witnessing the theft of two packages from Encin
In this issue we have included three in-depth features with leading fund managers and investors. We start with "Alpha in Africa", where Andre Steyn, a Cape Town based manager I have been following since 2011 who also gained global recognition as "Africa's leading short-seller", describes Africa's multidecade growth story and how "global investor apathy" leaves this outstanding investment
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.