Monday, 20 February 2017
Last updated 2 days 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 17 2017 | 9:55pm ET
Kraft Heinz’s unsolicited $143 billion offer for rival Unilever on Friday has already proven fruitful for hedge funds holding long positions in the consumer products companies.
Feb 17 2017 | 5:43pm ET
The acting chair of the U.S. Securities and Exchange Commission has begun limiting the agency's enforcement division's ability to initiate investigations and issue subpoenas, a steep departure from the post-crisis policy initiated in 2009 by then-chair Mary Schapiro.
Feb 17 2017 | 5:31pm ET
Hedge funds sold energy, consumer discretionary and healthcare stocks in 2016’s fourth quarter while favoring financials and technology companies, according to the latest edition of the S&P Global Market Intelligence Hedge Fund Tracker.
Feb 17 2017 | 5:06pm ET
Outsourced CIO pioneer Hirtle Callaghan has announced the formation of a new office in San Francisco and the appointment of former AllianceBernstein executive Dan Eagan as a director in its portfolio management group.
Feb 17 2017 | 4:57pm ET
Despite performance gains in broad hedge fund benchmarks since the start of the year, London-based Landsdowne Partners was down again in January after ending 2016 with a significant loss.
Feb 17 2017 | 4:16pm ET
Goldman Sachs has been named as the 2017 Finance Industry Honoree by Help For Children / Hedge Funds Care in recognition of the company’s long standing commitment to the foundation’s mission of preventing and treating child abuse.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?