Opalesque Roundtable: Real estate investing grows in Luxembourg... [more]Bailey McCann, Opalesque New York: While investments in real estate have slowed down some in the US, global investors are still interested, according to delegates at the recent Opalesque Luxembourg Roundtable. "Over the past 12 months in particular, large managers have raised significant amo

Jamaican Stock Exchange to allow Cryptocurrency trading... [more]Laxman Pai, Opalesque Asia: The Jamaica Stock Exchange (JSE) has announced it plans to allow investors the ability to trade cryptocurrencies through the regulated stock exchange. According to the JSE, the Canadian-based Blockstation will help facilitate the crypto-trading services. Upon impl

Robo-advice will offer competitive advantage to traditional wealth managers: GlobalData... [more]Following the footsteps of WorthFM, SheCapital and Owners Advisory, New York-based avant-garde robo advisor Hedgeable has finally called it quits on 9 August 2018, just short of its 10-year anniversary. Even though there is mounting evidence that standalone robo-advice alone will not attract

New Launches: China firm on 8-year winning streak is opening a new hedge fund, Mandala plans $300m fund for India, S-E Asia, Capitulum AM & Universal Investment launch sustainable interest rate strategy... [more]China firm on 8-year winning streak is opening a new hedge fund From Bloomberg: Snow Lake Capital Ltd., manager of one of only a handful of Greater China-focused stock hedge funds to have an eight-year track record of gains, is opening a new Asia fund to outside investors in early Septemb

Sygnia: Wierzycka swings 180° on hedge funds, slams them as fee racket, Correcting beliefs about hedge funds one fact at a time, What Sygnia's hedge fund decision means for investors... [more]Wierzycka swings 180° on hedge funds, slams them as fee racket From Fin24: South African money manager Sygnia closed all its hedge-fund products, ending a 13-year history with an investment strategy its chief executive officer now calls a ruse to pocket fees. "Once you know that the e

Investing: Hedge funds are losing their appetite for FANGs, Soros is buying Spotify and Pandora: Should you?, Hedge funds pile into Camping World and other RV stocks... [more]Hedge funds are losing their appetite for FANGs From Barrons: Amazon aside, the FANGs appear to be losing some luster with big hedge funds. The FANGs refer to Facebook, Amazon.com, Netflix and Google's parent Alphabet. The stocks have been hugely popular with hedge funds, many of which ha

People: Ex-Investment Quorum CEO Lee Robertson joins AiNED, Premier investment trust first to have all-female board, Willis Towers Watson snaps up M&A expert... [more]Ex-Investment Quorum CEO Lee Robertson joins AiNED From Professional Adviser: Lee Robertson has joined the executive board of the Association of Independent Non-Executive Directors (AiNED) after recently stepping down from his role as CEO of Investment Quorum. Robertson, who founded

Crypto: Crypto firm Pantera Capital is looking to raise up to $175m for a new venture fund, BMO, Pension Plan pilot blockchain for fixed income issuance, Ripple 'definitely' wants to target China with its blockchain-based payments tech, Riot Blockchain reveals SEC investigation could lead to order blocking share sales... [more]Crypto firm Pantera Capital is looking to raise up to $175m for a new venture fund From Tech Crunch: Pantera Capital, which has made its mark in recent years by investing early and often in a wide variety of digital assets, is looking to raise up to $175m for its third venture fund - an

Ackman won't reveal new mystery stake in Pershing Square... [more]From NY Post: Bill Ackman has a big, new investment that he doesn't want anyone to know about - yet. Ackman teased the new position, which accounts for roughly 10% of his Pershing Square hedge fund's portfolio, in a call with investors Wednesday. "We're not yet ready to disclose the company,

Legal: Cryptocurrency investor robbed via his cellphone account sues AT&T for $224m over loss, Ex-NYC union head convicted of taking bribe for investing in hedge fund... [more]Cryptocurrency investor robbed via his cellphone account sues AT&T for $224m over loss From CNBC: A U.S. investor filed a $224m lawsuit against AT&T, accusing the telecommunications giant of negligence that allegedly caused the California resident to lose roughly $24m in cryptocurrency.

Opinion: Investors should not 'hold out hope' for zero fund fees in Europe... [more]From Investment Week: Industry commentators have warned there are a number of transparency issues with no-fee structures following the launch of the first zero expense ratio index funds by Fidelity Investments in the US, adding it is unlikely this model will be replicated in Europe in the near futur

China's property prices rise again, driven by smaller cities... [more]From Nikkei: Real estate prices are surging throughout China despite controls put in place to ward off a property bubble. Smaller cities taking advantage of loopholes are leading the upswing. Xi'an, the capital of Shaanxi province, last year instituted rules that let college students file the

Saudi Arabia goes high-tech in approach to investing, Saudis worry about state fund's risky bets... [more]Saudi Arabia goes high-tech in approach to investing From WSJ: Talks with Tesla show how crown prince's sovereign-wealth fund has become a global player, but some worry about impulsive, risky bets. When Saudi Arabia's Crown Prince Mohammed bin Salman toured the U.S. two years ago, he co

Commodity sell-off hits miners BHP, Rio Tinto as fund managers stay calm... [more]From AFR: Amid a plunge in commodity prices on emerging markets turmoil and the threat of a trade war, fund managers are preaching calm on the prospects for the ASX-listed mining sector. After a sell-off in London and New York overnight, BHP, Rio Tinto and South32 dropped more than 3% each in

BlackRock among investors hit by Turkey turmoil, BlackRock scraps UK Focus fund... [more]BlackRock among investors hit by Turkey turmoil From WSJ: Asset management giant BlackRock Inc., a star bond trader at Barclays PLC and a major hedge fund are among the investors nursing losses from Turkey's violent market trading in recent days. The Turkish lira's falls on Friday

Activists: Elliott lawyer warns Korea better brace for activist funds, Activist hedge fund is seeking operational improvements at the antivirus company, Eddie Lampert details $500m offer for Sears's assets, Nielsen should get a break from the market... [more]Elliott lawyer warns Korea better brace for activist funds From Bloomberg: The lawyer who advised billionaire Paul Singer in his proxy fight against Samsung Group says he's seeing a surge of interest from activist investors who view South Korea's businesses as potential targets. In

News Briefs: David Tepper's hedge fund slashes Facebook stake, Paulson maintains gold position during 2Q despite price decline, Baupost's Tesla convertible bonds are said to be bearish wager, Amazon has now invested $1bn in other companies - taking advantage of new tax laws, Hedge fund hidden gems lurk deep inside the 13Fs... [more]David Tepper's hedge fund slashes Facebook stake From Fox: Appaloosa, the hedge fund founded by David Tepper, the owner of the Carolina Panthers, has slashed its stake in Facebook, selling 5.1m shares, equivalent to an 18.3% cut in its stake in the social media company. The fund a

And finally: Slovakian woman arrested for playing same opera song for 16 years... [more]From UPI: A Slovakian woman was reportedly arrested after she played the same opera song on repeat for 16 years. The woman, who was identified as "Eva" by Hungarian news site Parameter.sk, was charged with harassment and malicious persecution for allegedly forcing her neighbors to repeatedly endure