Wednesday, 22 February 2017
Last updated 3 hours ago
Feb 15 2017 | 8:43pm ET
Investors pulled some $13 billion from beleaguered Och-Ziff Capital Management over the past 13 months as the hedge fund manager dealt with the fallout of a five-year bribery investigation and very expensive settlements with the U.S. Justice Department and the SEC.
Feb 21 2017 | 11:40pm ET
London-based Global Prime Partners has launched a structured products division that will provide clients with streamlined access to top issuers along with custom technology and customer service.
Feb 21 2017 | 11:12pm ET
Long-time Weiss Multi-Strategy Advisors executive Rick Doucette is reportedly planning to launch a new hedge fund manager with former UBS prime brokerage specialist Gerry Polizzi.
Feb 21 2017 | 9:38pm ET
Barry Rosenstein's activist hedge fund JANA Partners has struck a surprise deal with Tiffany & Co. in which the luxury retailer will add three directors to its 10-seat board.
Feb 21 2017 | 8:45pm ET
Hedge funds have continued to benefit from a supportive earnings season in the U.S. and a general risk-on sentiment across the board, according to the latest edition of Lyxor Asset Management’s Weekly Brief.
Feb 21 2017 | 5:37pm ET
Technology-driven hedge fund research platform PivotalPath has named machine learning expert and Johns Hopkins University professor Josh Vogelstein to its advisory board.
Feb 21 2017 | 5:26pm ET
A U.S. appeals court on Tuesday shut down efforts by investors, including Perry Capital, Fairholme Funds and Bill Ackman's Pershing Square, to pursue many legal claims against the U.S. government for seizing the profits of Fannie Mae and Freddie Mac following their taxpayer bailouts, although the door was left open for some others.More News
Feb 8 2017 | 3:22pm ET
Due diligence in the hedge fund world has long involved some combination of the four P’s – people, process, performance and philosophy – customized to suit each investor’s particular style or requirements. However, due diligence practitioners are often heavily influenced by four commonly-held fallacies, writes PivotalPath managing principal Jonathan Caplis, that can impact proper fund selection and evaluation, as well as unnecessarily skew conclusions.
Feb 3 2017 | 6:41pm ET
The private equity industry’s astonishing rebound since the financial crisis has been nothing short of spectacular, writes the team at SEI in this contributed article, but it has also evolved – and is evolving – at a furious pace. Stakeholders must contend with, and properly plan for, a wide array of trends, challenges and opportunities facing the industry, ranging from a fluid regulatory environment to a proliferation of strategies and investment options available.
Dec 22 2016 | 9:23pm ET
Spending on Wall Street holiday parties has largely returned to pre-2008 levels as the climate on Wall Street turns more optimistic, although many firms are still mindful of the public's reaction to lavish events following the financial crisis and downplay the festivities.
Jan 25 2017 | 8:00pm ET
Efficiently managing the flow of both proprietary and external research is an age-old challenge for the investment industry, especially as compliance requirements have grown more complex. The team at MackeyRMS, however, is addressing this problem head-on through the use of SaaS-based, real-time research management technology aimed at aggregating and organizing research content while also being highly portable, collaborative and device-agnostic.
Aug 12 2016 | 10:02am ET
For prudent investors, the ubiquitous tear sheet is ground zero for any further investigation of a fund; the more impressive they are, the more questions they raise. In our inaugural Trade Secrets column on due diligence, we look at a Brazilian direct lending fund whose tear sheet promotes performance that would make any investor sit up straight, including 100% positive months, a Sharpe ratio of 16.7, no drawdowns, and weekly liquidity. But is all as it seems?