CarVal Investors raises $3.6bn for fifth credit fund... [more]Laxman Pai, Opalesque Asia: The global alternative investment manager CarVal Investors raised $3.6 billion for a new global fund focused on credit and distressed debt, closing the vehicle to new money after exceeding an initial goal of $3 billion by 20 percent.
The Credit Value Fund V (CVF V)
Emerging funds outperform larger peers in 2021... [more]Opalesque Industry Update - Hedge funds managing less than $1bn averaged gains of 1.4% in May, extending returns for the year to 8.9%. That puts smaller funds ahead of billion-dollar-plus funds, which averaged 1% in May and 6.9% for the year so far, said HFM Insight.
Long/short equity gains have
People: Digital asset platform GSR taps hedge fund for first legal chief... [more]From Bloomberg: GSR Markets Ltd. has become the latest digital asset trading outfit to recruit a top in-house lawyer from the traditional financial services space.
Eva Sanchez, a managing director, general counsel, and head of international compliance at investment firm AQR Capital Management LL
Commodity: Some commodities have now wiped out all of their 2021 gains... [more]From Bloomberg: For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.
Soybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May. Corn and wheat have also tumbled from m
Property: Building trust: Is China $3tn Reits market ready for take-off?... [more]From Asian Investor: The long-waited infrastructure Reits have finally arrived in China and, while experts see a slow start with hurdles ahead, they say it will later move to a 'big bang'.
Investors are poised to swoop on China's first batch of public real estate investment trusts (Reits) when
U.S.: Citadel's back on the hunt for Miami office space... [more]From Commercial Observer: Financial giant Citadel has expanded its office search to Miami Beach, Commercial Observer has learned. The hedge fund is considering the Related Group's development on Terminal Island called One Island Park, according to multiple sources.
Citadel first had its sights
MENA: Saudi Arabia to form entity with $29bn in equity holdings... [more]From Bloomberg: Saudi Arabia will combine two state-run pension and unemployment insurance funds into an entity with almost $29 billion of local and foreign stocks.
The cabinet approved the combination of the Public Pension Agency and the General Organization of Social Insurance, also known as G
Legal: MindGeek and hedge fund Colbeck Capital hit with U.S. lawsuit... [more]From Institutional Investor: Thirty-four women who claim they are victims of Pornhub filed a federal racketeering lawsuit against the company's secretive Canadian parent, MindGeek; its owners and executives; Visa, which processes payments for the porn site; and hedge fund Colbeck Capital, which unde
Activists: Ending the cycle of scandal at Toshiba... [more]From WSJ: Toshiba was once a world-famous brand for laptops and televisions. In recent years the 146-year-old Japanese industrial icon has become better known for scandals. The latest one should finally pave the way for a complete overhaul of the company.
An independent report by outside lawyers
News Briefs: JP Morgan Chase strikes deal to acquire robo-adviser Nutmeg... [more]From Portfolio Adviser: JP Morgan Chase has entered into an agreement to acquire loss-making digital wealth manager Nutmeg. The deal, which is subject to regulatory approval, will see JP Morgan absorb Nutmeg's customer base of 140,000 investors and £3.5bn worth of assets under management.
And, finally: Wrong Place, Wrong Time... [more]From Fox News: A Volvo manufacturing plant in western Virginia got a surprise visitor on June 4: A young bear had somehow climbed up into the rafters of the building, 20 feet high and far from stairs or a ladder, and had become stuck.
The state's Department of Wildlife Resources was called in,
Welcome to the sixth issue of Opalesque's Horizons: Family Office & Investor Magazine - the new issue is attached as PDF and also available as ePUB at the link below.
Aubrey de Grey is one of the world's leading bio-gerontologists and widely known advocate of the provocative view that medical technology will one day all
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.
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B. G., Opalesque Geneva: Charlie Wilson, portfolio manager at Thornburg Investment Management, is optimistic about emerging markets. He co-manages the Thornburg Developing World Fund, which invests at least 80% of its assets in equity securities and debt obligations of developing country issuers. He..
