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Northern Trust: 'Slow Growth Angst' To Drive 5-Year Returns

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.

 

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Valeant Analyst Rubin to Leave Ackman's Pershing Square

Aug 26 2016 | 11:05pm ET

Pershing Square investment analyst Jordan Rubin, a key figure in Bill Ackman's Valeant position, is reportedly leaving the activist hedge fund to pursue a startup venture outside the investment industry.

Sandell Asset Management Advocates Anew For Bob Evans Split

Aug 26 2016 | 10:40pm ET

Activist hedge fund Sandell Asset Management has released a new presentation detailing why Bob Evans Farms should split its restaurant and packaged food units into separate businesses. 

Ex-BlueCrest PM Makita Said to be Planning New Hedge Fund

Aug 26 2016 | 9:39pm ET

Former BlueCrest portfolio manager Takashi Makita is reportedly planning to launch a new systematic hedge fund manager that will focus on volatility-related opportunities. 

Icahn, Ackman Renew Herbalife Spat as Icahn Adds to Stake

Aug 26 2016 | 8:57pm ET

The battle between hedge fund managers Carl Icahn and Bill Ackman about Herbalife continued on Friday, as Icahn said he did not attempt to sell his Herbalife stake and instead has bought more - contradicting Ackman's earlier claim that he had been offered some of Icahn's shares in the nutritional supplements company.

Gemini Managed Account Platform Surpasses $500M in AUM

Aug 26 2016 | 8:41pm ET

Invested assets aboard Gemini Alternative Funds’ Galaxy Plus managed account platform have crested $500 million as of this month, the company has disclosed. 

Preqin: 1H/16 Outflows $34B; Hedge Fund Industry Assets Dip to $3.11T

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. 

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In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

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.

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    Trade Secrets

    Due Diligence Beyond The Tear Sheet

    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?

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