Friday, 26 August 2016
Last updated 27 min ago
Aug 16 2016 | 12:56am ET
New research from global asset manager Northern Trust shows the firm expects most investments to generate single-digit positive returns over the next five years, predominantly due to slow economic growth and persistent low interest rates.
Described in the research as “slow growth angst”, the concern is one of six key themes profiled in the company’s annual five year market outlook.
Aug 26 2016 | 7:14pm ET
Outflows from the hedge fund industry totaled $34 billion through the first half of this year, according to leading data provider Preqin, bringing total industry assets down to an estimated $3.11 trillion from the $3.14 trillion at the end of 2015.
Aug 25 2016 | 11:48pm ET
Swiss convertible bond specialist Fisch Asset Management has promoted Stephanie Zwick to head of its converts team and brought former Muzinich & Co senior credit analyst Filip Adamec aboard as a portfolio manager.
Aug 25 2016 | 11:29pm ET
LMR Partners co-founder Andrew Manuel is reportedly planning to launch a new global macro fund as the alternative investment strategy regains popularity after a brutal 18 months.
Aug 25 2016 | 10:34pm ET
Turner Investments has named Stefania Perrucci as global head of fixed income ahead of the company’s anticipated launch of a series of fixed income, credit, and absolute return investment strategies.
Aug 25 2016 | 10:19pm ET
Embattled retailer Sears Holdings has disclosed new debt financing of $300 million from billionaire CEO Ed Lampert's ESL Investments hedge fund, as the company posted another quarterly loss.
Aug 25 2016 | 10:02pm ET
JPMorgan Chase has hired former Evolution Japan executive and hedge fund manager Shinji Ogawa to lead its Japanese equity sales.More News
Aug 25 2016 | 8:55pm ET
The emergence of private credit as a replacement for traditional bank financing has led to a wide range of innovative strategies, platforms and products in the alternatives space. Bob Press, founder and CEO of alternative lending firm TCA Fund Management Group, explains the rationale behind his new small-cap private equity fund, which takes a hybrid approach between short-term, senior-secured credit and a traditional private equity model.
Aug 9 2016 | 2:39pm ET
The age-old financial concept that higher yields are the result of higher risk and lower liquidity has become much more complicated in the current environment, argues Jeff Haas of asset-backed lending specialist Old Hill Partners. Given the lack of yield and thin liquidity available in some traded credit markets, investors should embrace the illiquidity inherent in prudently structured private debt strategies as a way to capture yield and augment fixed-income allocations.
Aug 24 2016 | 9:59pm ET
Looking for real estate investments but the typical real estate fare isn’t cutting it? Are alternative investments more your style? Nothing says unconventional like buying into island life, and Kiawah Island, 21 miles south of Charleston, South Carolina, can be very attractive from a number of perspectives.
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?
Aug 12 2016 | 3:17pm ET
Much of fintech’s promise lies in the utilization of technology and connectivity to connect and automate legacy middle and back-office functions that have long been inefficient, costly and error-prone. The team at BaseVenture has developed an intelligent, scalable, affordable and secure platform, aimed specifically at alternative investment managers, that seeks to eliminate reliance on common but disconnected tools like spreadsheets, email, and PDFs to simplify and streamline both administration and management.
Jun 22 2016 | 6:29pm ET
The first thing you’ll notice when encountering Martin Coward’s new managed futures fund is the unique spelling of its name: dormouse, with a lower-case “d.” It’s reflective of the firm’s entire ethos, which is much more interested in the quiet, systematic application of scientific rigor to the investment process than it is in building your typical hedge fund brand. FINalternatives recently sat down with Coward and COO George Dowdye for a detailed look at dormouse and its unassuming approach to building a better mousetrap.