Friday, 31 October 2014
Last updated 14 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.