Monthly Archives: January 2020
Deutsche Bank posts a $5.8 billion net loss for 2019
(CNBC) Deutsche Bank on Thursday posted a full-year net loss of 5.3 billion euros ($5.8 billion) amid a huge transformation project, the cost of which the German lender said is now 70% complete. The German lender announced in July that […]
CEO to Pay More Than $10 Million for Misleading Statements, Supervision Failures
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against Catalyst Capital Advisors LLC, of Huntington, New York, and its CEO, Jerry Szilagyi, for materially misleading statements made by Catalyst and one of its […]
Investors pulled nearly $100 billion from hedge funds in 2019, but UBS insists popularity isn’t waning
(CNBC) Investors withdrew a net $98 billion from hedge funds in 2019, the largest outflows in three years, but UBS analysts have argued that this does not indicate waning popularity. To read this article:
How smaller managers are navigating the evolving investment landscape
(Hedgeweek) Traditionally, allocators and investors often eschewed smaller, specialist hedge funds in favour of the firepower offered by larger brand-name managers. But as many smaller funds have posted outsized gains in recent years – while well-established marquee names experienced decidedly […]
Unhedged US exposure among corporates and pensions offers cheap options play for macro funds
(Hedgeweek) Last year provided some optimism for global macro hedge funds, ending the year up 6.50 per cent according to eVestment’s aggregated hedge fund performance data. And there are signs that 2020 could offer good opportunities to make upside, as […]
Hedge Funds Not Led by White Men Outperform Nearly 2 to 1
(Bloomberg) Hedge funds not controlled by white men had returns almost double their peers the last three years, according to a Bloomberg analysis of hedge fund data. To read this article:
The World’s Most-Profitable Hedge Fund Is Now a Climate Radical
(Bloomberg) The hedge fund industry has no shortage of aggressive, in-your-face players, but few are as tough as Chris Hohn. To read this article:
Portfolio Manager and Advisory Firm Charged with Misrepresenting Risk in Mutual Fund
(HedgeCo.Net) A New York-based investment adviser has been charged for misleading investors about the management of risk in a mutual fund. Catalyst Capital Advisors LLC (CCA) and its President and Chief Executive Officer, Jerry Szilagyi, agreed to pay a combined […]
Fed likely to reassure markets that it is watchful of coronavirus impact
(CNBC) The Fed is not expected to take any action on its benchmark fed funds rate this week, but it is likely to reassure markets that it is watching the outbreak of the coronavirus and other geopolitical uncertainties. To read […]
Global Hedge Fund Outlook 2020
(Hedgeweek) 2020 Top 10 tech predictions – To introduce the Hedgeweek Global Outlook Report 2020, the team at RFA has made the following 10 predictions on technology and how they might impact the industry over the next 12 months. We […]
New York tops London (again) as pre-eminent financial hub
(Hedgeweek) The Big Apple is the world’s foremost financial hub, beating London into second place for the second year running, according to a new report from Duff & Phelps. To read this article:
New York Institute of Finance and Google Cloud launch a Machine Learning for Trading Specialisation
(Hedgeweek) The New York Institute of Finance (NYIF) and Google Cloud have launched a new Machine Learning for Trading Specialisation available exclusively on the Coursera platform. To read this article: