Monthly Archives: January 2020
Sovereign wealth funds move mainstream, make less contrarian bets
(Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian bets, a report showed. To read this […]
Tesla directors settle, isolating Musk as Solar City trial looms
(Reuters) – Directors of Tesla Inc settled a shareholder lawsuit over the company’s 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar energy […]
Third Point presses Sony, takes stand against proposed SEC proxy adviser rule
(Reuters) – Hedge fund Third Point on Thursday called on Sony Corp (6758.T) to keep divesting non-core assets and said it opposes the U.S. Securities and Exchange Commission’s proposed rule on proxy advisers. To read this article:
SEC Charges Broker with Defrauding Retail Investors
(HedgeCo.Net) The Securities and Exchange Commission has charged Edward E. Matthes, a former Wisconsin-based registered representative and investment adviser, with defrauding 26 of his mostly elderly retail brokerage customers and investment advisory clients out of approximately $2.4 million. Matthes has […]
Man Group weighs up palladium rally against end of bull market cycle
(Hedgeweek) Prices of palladium have now reached more than USD2,500 per ounce, in a sustained rally potentially indicative of a late stage bull cycle, analysts at Man Group said on Tuesday. To read this article:
Aurum’s innovative use of management fees helping to fight ecological risks
(Hedgeweek) It is rare one can apply the term ‘innovative’ in financial markets with any real conviction, but it absolutely holds true for Aurum Fund Management Ltd (Aurum), a Bermudan fund-of-funds manager with a commitment to environmental conservationism and sustainability. […]
Digital fiat currencies are coming, but they won’t sideline Bitcoin
(Opalesque) More governments are considering digital fiat currencies. However, none of them are fully developed yet. Delegates at the recent Opalesque Miami Roundtable offered their ideas about where digital fiat currencies might pop up first and whether they will succeed. […]
New Geneva equity hedge fund prepares for coming bear markets
(Opalesque) Stouff Capital’s Urizen fund, launched in September 2018, follows a quantamental strategy, that is, one that combines both a fundamental approach with a quantitative one. The fund is run by Julien Stouff, who has 25 years of experience in […]
The hedge funds of funds with 27 year track record that’s actually enjoying inflows
(Opalesque) A conversation about outperformance and manager selection with Cedric Kohler, Head of Advisory at Geneva-based Fundana. Fundana was founded in Geneva, Switzerland, in 1993 as one of the first independent Swiss institutions fully dedicated to alternative investments. It was […]
Valaris settles with Luminus, hands board seat to hedge fund
(Reuters) – Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund’s partners to its board. Luminus’ Adam Weitzman, an expert in offshore oil drilling who […]
Machine Learning Hedge Fund Sees 7% Returns for 2019
(AlternativeSoft) Is machine learning beginning to take centre stage? Off the back of a great 2018 performance, Voleon Group a hedge fund popularly known for using a machine learning strategy, returned 7% in 2019, a further rise from 2018 where […]
Is An Absolute Return to the Good Days Possible?
(Opalesque) Despite the disappointing performance of absolute return funds over the past 18 months, these products still offer opportunities for investors looking for diversification and uncorrelated returns in volatile markets, according to the latest issue of The Cerulli Edge. To […]