BlackRock's Event-Driven Hedge Fund Launches with $270M in AUM
It may seem an inauspicious time to be starting a new event-driven hedge fund, but that is exactly what BlackRock's Mark McKenna is doing.read more... More from MoneyScience.
View ArticleFormer BlueBay Execs Phillips and Fayman Launching New Macro Fund
Neil Phillips and Jonathan Fayman, both previously fund managers for BlueBay Asset Management in London, are planning to launch a global macro hedge fund in early 2016.read more... More from MoneyScience.
View ArticleViking Global CFO Brown Stepping Down
Viking Global Investors CFO Barrett Brown is stepping down from his position at the hedge fund management company.ÃÂ read more... More from MoneyScience.
View ArticleHayman's Bass Loses Second IPR Drug Patent Challenge
Hedge fund manager and self-styled âÂÂshort activistâ Kyle Bass has been dealt another setback in his campaign to invalidate certain pharmaceutical patents.read more... More from MoneyScience.
View ArticleLegal & General Launches New Multi-Strategy Credit Fund
London-based asset manager Legal & General has launched a new multi-strategy credit fund aimed at providing positive total return over a 3-5 year horizon, growth and sustainable cash flows at...
View ArticleThings worth reading: 4th September 2015
Things we're reading today include ...read more... More from MoneyScience.
View ArticleMaples Fund Services Selected as Administrator for Promeritum Investment...
Promeritum Investment Management has selected Maples Fund Services to serve as administrator for the asset managerâÂÂs Promeritum Fund SPC, an emerging market fixed income hedge fund.read more......
View ArticleWhat do stock markets tell us about exchange rates?
International investors can make significant US Dollar returns from betting in movements on national stock markets. Recent research by academics at the Cass Business School, the Bank of England and...
View ArticleActivist Voce Capital Targets AIr Methods, Pegs Value at $55-$60/Share
Activist hedge fund Voce Capital Management has turned its sights onto medical transport company Air Methods Corporation (AIRM).read more... More from MoneyScience.
View ArticleCitadel Supports Manhattan Real Estate With Record Deal
Never count hedge funds out of a big property deal. The Manhattan real estate market continues to surge on the back of a major deal by hedge fund Citadel.read more... More from MoneyScience.
View ArticleHFSB Adds Cyber Security Memo to Managers' Toolbox
The Hedge Fund Standards Board (HFSB) has added information about cyber security to its toolbox of materials for hedge fund managers seeking standardized guidance on a wide range of topics.read more......
View ArticleP&I Survey: Hedge Fund Asset Growth Outpaces That of Funds-of-Funds
Hedge funds have outpulled their fund-of-funds peers when it comes to asset growth during the year ended June 30, according to a new survey by Pensions & Investments.read more... More from...
View ArticleUS market portrait 2015 week 38
US large cap market returns. read more... More from MoneyScience.
View ArticleLyxor: Macro Hedge Funds Outperformed Following Fed Meeting
The latest weekly briefing from Lyxor Asset Management shows hedge funds, particularly CTAs and Macro funds, remained resilient in the aftermath of the September 17 FOMC meeting.read more... More from...
View ArticleBofAML: Hedge Funds Buy U.S. 10Y Bond After Long Selling Streak
Large hedge funds bought U.S. 10-year Treasury bonds last week for the 1st time after 5 weeks of consecutive selling, according to the latest edition of Bank of America Merrill LynchâÂÂs Hedge Fund...
View ArticleHedge Funds Profit from Glencore Implosion
The stunning decline in mining and commodity specialist GlencoreâÂÂs share price accelerated Monday, wiping a further 29% off the value of the beleaguered company and generating major profits at...
View ArticleValueAct's Ubben Nominated to 21st Century Fox Board
ValueAct CapitalâÂÂs CEO Jeffrey Ubben has been nominated for election to Twenty-First Century FoxâÂÂs board, but with a catch: the activist hedge fund must maintain a stake of at least 5% in the...
View ArticleCargill to Shutter $7.4B Black River Asset Management, Spin Off Three Funds
Global commodities giant Cargill has decided to spin off most of its Black River Asset Management hedge fund business to employees three months after closing four other hedge funds due to limited...
View ArticleFranklin Templeton and K2 Launch New Liquid Alternative Long/Short Credit Fund
Franklin Templeton Investments and K2 Advisors have launched a new long/short credit liquid alternative fund that will provide investors with access to a select group of hedge fund managers in a single...
View ArticleEvent: The European Winter Finance Summit - Switzerland
Location: Davos, Switzerland; Date: March 13th, 2016; The European Winter Finance Summit is a leading European finance conference jointly organised by the Department of Banking and Finance at the...
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