Wednesday, 17 September 2014
Last updated 17 hours ago
Feb 25 2008 | 2:06pm ET
Quantitative titan Renaissance Technologies is coming to the subcontinent.
The Securities and Exchange Board of India last month approved RenTech’s application for foreign institutional investor status. The designation allows the firm to participate directly in India’s financial markets.
SEBI last year unveiled a series of changes to make registration more palatable to overseas investors. In addition to taking a more liberal approach with hedge funds, the regulator also tightened rules for participatory notes, derivatives used by foreign investors to invest in Indian securities.
East Setauket, N.Y.-based RenTech is the largest hedge fund to register in India since the new scheme was unveiled. Other funds with foreign institutional investor status include D.E. Shaw, Och-Ziff Capital Management and Citigroup’s Old Lane.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?