Today's Exclusives

• Barclay Hedge Fund Index gains 0.54% in July [more]

  Matthias Knab, Opalesque: Hedge Funds gained 0.54% in July according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 3.72% increase in the S&P 500 Total Return Index. Year to date, the Barclay Index is up 1.04%, while the S&P has gained 6.47%. "In spite of July's rise in gl

• Institutional investors struggling to find value in crowded private debt market [more]

  Bailey McCann, Opalesque New York: It has become more challenging for institutional asset owners to find compelling opportunities in private debt, according to new research from Willis Towers Watson. The research examines the key principles that investors should follow in order to invest most eff

• SS&C: Hedge funds register net inflows in August, return +0.97% in July [more]

  Laxman Pai, Opalesque Asia: The gross return of the SS&C GlobeOp Hedge Fund Performance Index July 2018 measured 0.97%, said a press release. It also said that hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.24% in August. Cumulatively, the SS&C GlobeOp Capi

• Hedge funds up in July, but dragged down by macro, managed futures performance [more]

  Laxman Pai, Opalesque Asia: Hedge funds returned an average of +0.59% in July, and are UP +0.79% through the first seven months of 2018, according to eVestment's latest Hedge Fund Industry Performance Report. Given the broadly positive returns posted in July, the beginning of H2 2018 wou

• Apex acquires pioneering hedge fund administrator Custom House, adds $24bn of assets [more]

  Laxman Pai, Opalesque Asia: Apex Group, one of the world's largest fund administrators, and mid-market PE shop Genstar Capital jointly announced the acquisition of the global hedge fund administrator Custom House, adding a further $24bn in assets under administration to the Group's portfo

• Opalesque Roundtable: Investor focus on ESG spurs change in Luxembourg [more]

  Investor interest in ESG is driving change in Luxembourg, according to delegates at the latest Opalesque Luxembourg Roundtable. Delegates say investors are already asking for enhanced disclosures that address ESG issues - a trend which is only likely to get more pronounced as millennials take over p

More Exclusives

• 13. Aug. | Opalesque Roundup: Investors are coming back to hedge funds after a rough few years: hedge fund news, week 32 [more]

  In the week ending 10 August, 2018, a Credit Suisse survey showed that investors are coming back to hedge funds after a rough few years. Callan's sixth a

• 10. Aug. | Opalesque Exclusive: Arca Funds aims to institutionalize tokens with new fund [more]

  Bailey McCann, Opalesque New York for New Managers: Los Angeles-based Arca Funds has launched with the goal of helping to institutionalize digital tokens and cryptocurrencies. Arca Funds is the work of Steven McClur

• 09. Aug. | Opalesque Exclusive: Foundations post record returns for FY 2017 [more]

  Bailey McCann, Opalesque New York: Commonfund has released its annual study of foundations, which shows trends in allocator preferences and investment returns. The report is done each year through a partnership between the Council on Foundations and the Commonfund Institute. Data in the study com

• 06. Aug. | Opalesque Roundup: The world's top hedge funds will not accept money just from anybody: hedge fund news, week 31 [more]

  In the week ending 03 August, 2018, the WSJ wrote that all the money in the world can't get you into some of the world's best hedge funds, and investors who can&#

• 03. Aug. | Opalesque Exclusive: NR Capital launches trade financing vehicle for bulk commodities [more]

  Bailey McCann, Opalesque New York: Singapore-based NR Capital has launched with a new take on trade finance. The firm, which focuses on small to medium-sized enterprises in the bulk commodities market has created a fund available to accredited investors who want exposure to asset-backed deals of

• 01. Aug. | Opalesque Exclusive: 1512 St. Gallen Capital Management trades against the trend [more]

  Bailey McCann, Opalesque New York for New Managers: Thomas Kochanek has had a varied career in the finance industry. He started his work at a Spanish investment bank working with institutional clients. He then becam

• 31. Jul. | Opalesque Exclusive: As quant funds stumble, a new manager stands out [more]

  Bailey McCann, Opalesque New York for New Managers: When Andrew Middlebrooks launched EIA All Weather Alpha Partners last year, he didn't fit the profile of a typical hedge fund manager. He opened his fund in De

• 30. Jul. | Opalesque Roundup: Hedge funds suffer 2nd quarterly net redemption: hedge fund news, week 30 [more]

  In the week ending 27 July 2018, investors withdrew an estimated $7.88 billion from global hedge funds in June 2018, bringing overall Q2 2018 net flows for the indust

• 26. Jul. | Opalesque Roundtable: EU considers regulatory convergence, pan-European pensions [more]

  Bailey McCann, Opalesque New York: The private funds business in Europe can be hard to navigate. Investment managers routinely complain of different rules and regulations in each jurisdiction, in addition to rules from ESMA. Speaking at the recent Opalesque France Roundtable, Vanessa Casano, Depu

• 23. Jul. | Opalesque Roundup: Investors pull $2.8bn from macro hedge funds in Q2: hedge fund news, week 29 [more]

  In the week ending 29 July, 2018, Investors pulled about $3 billion from hedge funds in the second quarter, the first quarterly outflow since early 2017. Macro hedg

• 19. Jul. | Opalesque Exclusive: Oaktree's Howard Marks finds opportunity in emerging market equities, private lending [more]

  Bailey McCann, Opalesque New York: Oaktree's Howard Marks is bullish on large swaths of the global economy, but in an extended interview at today's Delivering Alpha Conference he questioned how long economic expansion can really go on. "What you see when there are prolonged recoveries

• 19. Jul. | Opalesque Exclusive: Managers at Delivering Alpha tout best ideas [more]

  Bailey McCann, Opalesque New York: Hedge fund managers and investors gathered in New York City today for the Delivering Alpha Conference. The slimmed down program saw longer interviews with fewer managers, but a small handful did give their best ideas from the stage. Longs Alex Ro

• 18. Jul. | Opalesque Roundtable: French regulator eyes closet indexers [more]

  Bailey McCann, Opalesque New York: French and European Union financial regulators are keeping a close eye on closet indexers. Speaking at the recent Opalesque France Roundtable, Vanessa Casano, Deputy Head of the Asset Management Regulation Division at Autorité des Marchés Financiers (AMF) says t

• 16. Jul. | Opalesque Roundup: Hedge funds pledge $2.2 trillion of collateral assets to banks in 2017: hedge fund news, week 28 [more]

  In the week ending 13 July, 2018, some $2.2 trillion of collateral assets have been pledged to the major banks from hedge funds in 2017. Total pledged collateral from non-hedge

Access Alternative Market Briefing

• Access our fully search-able archive on hedge fund and alternatives news (75812 articles)
• Go directly to current Alternative Market Briefing newsletter

On this site people currently

read about:

goldentree aqr Rothstein Kass Mark viking morgan stanley turkey PARDUS focus Kenmar separately Managed Accounts mortgage fund Adar bischoff asia markets new fund launch Maverick pension equinox Tudor hugh hendry sungard HBK armored wolf administration Hedge Fund Incubator CQS japan maga hedge fund credit Moore Emerging Markets citigroup man group social media standard pacific marshall wace Gold golden china managed account bridgewater people redemptions PAULSON onex hermes King Street Seed fund manager Ospraie HEDGE ids capital outsource asian hedge fund nestle

» More

NASDAQ 100 CASH INDEX – Monthly

Near Term Trend: Neutral / Bullish

As of 8/10/2018 close: 7,408.30

UPDATE: Last week, I suggested holding existing shorts until at least 6,950 and preferably until 5,786. Stops above 7,500 on monthly close.

NDX is still giving the bears hope by failing to take out 7,500 on a monthly close.

I’d stay with shorts on NDX and proxies as long as 7,500 holds on a monthly close. The target for covering ideally will be 6,000 – although it would behoove one to check on things at 6,950.