Monday, 27 February 2017
Last updated 10 min ago
Feb 24 2017 | 8:59pm ET
Criminal charges against top executives of $1.4 billion hedge fund manager Platinum Partners, which drew five of its six independent directors from firms in the Cayman Islands, for allegedly running the firm “like a Ponzi scheme” have revived an age-old question for investors: Where was the board?
Feb 27 2017 | 10:43pm ET
Institutional investors have been steadily re-evaluating their allocations to hedge funds amid persistent concerns about high fees, lackluster performance and questions about the value of actively managed investments. To see how the alternative investment community believes the hedge fund industry is poised to perform over the next few years, The New York Hedge Fund Roundtable (NYHFR) recently surveyed its membership about the topic.
Feb 27 2017 | 6:10pm ET
Antoine Estier’s new hedge fund Amia Capital has added two more executives to its growing roster, naming former BlueCrest risk officer Ronan Cantwell as CRO and former BTG Pactual European treasury head Neila Sula as head of treasury as the firm preps a first-half launch of its global macro fund.
Feb 27 2017 | 5:50pm ET
DoubleLine Capital CEO Jeff Gundlach believes the benchmark 10-year U.S. Treasury yield will fall below 2.25% before edging up again, as global investors stealthily seek safety and "speculators remain massively short bonds".
Feb 27 2017 | 5:41pm ET
The Depository Trust & Clearing Corporation, known as DTCC, has successfully completed its proof-of-concept test to utilize distributed ledger technology in better managing the netting process for U.S. Treasury and Agency repo transactions.
Feb 27 2017 | 5:18pm ET
Alternative investment industry data provider eVestment has continued its European expansion with the hiring of former Thomson Reuters executive Gabriel Gilarranz as vice president of business development in its London office.
Feb 27 2017 | 4:54pm ET
The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations is fast approaching, and with it a lot of concern about what exactly it means for U.S. asset managers, broker dealers, and investors. Two core issues – reporting and research – are dominating the conversation, says Adam Jacobs-Dean and Michelle Noyes of AIMA, and U.S.-based stakeholders should both understand and prepare for the onset of very comprehensive requirements overhauling key aspects of the global securities industry.More News
Feb 27 2017 | 4:54pm ET
The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations is fast approaching, and with it a lot of concern about what exactly it means for U.S. asset managers, broker dealers, and investors. Two core issues – reporting and research – are dominating the conversation, says Adam Jacobs-Dean and Michelle Noyes of AIMA, and U.S.-based stakeholders should both understand and prepare for the onset of very comprehensive requirements overhauling key aspects of the global securities industry.
Feb 23 2017 | 4:21pm ET
The arrival of the Trump Administration has raised questions among private debt participants whether the promised repeal or revision of Dodd-Frank will dramatically loosen crisis-era regulatory restrictions and thus heighten competition from traditional banks or, as explored by Nick Veronis and Caroline Rasmussen of iCapital Network in this contributed article, will the private, alternative direct lending sector maintain its dominance of the fast-growing space?
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.
Feb 23 2017 | 5:22pm ET
Our sister publication Modern Trader is once again focusing its editorial attention on the world of financial technology and the trends within the Fintech space. Accordingly, we're reaching out to Fintech thought leaders to be part of the conversation.
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?