Man Group AUM Hits Record $88.7B As Q1 Inflows Soar

Apr 24 8:40am Hedge Fund News From HedgeCo.Net
(FINalternatives) In a reflection of the increased allocations to hedge funds being reported by industry data providers Hedge Fund Research and eVestment in recent days, assets under management at London-based Man Group reached a record $88.7 billion during the first […]...
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Context Summits Poll: Demand Rising for Alternative Assets and New Strategies

Apr 24 8:38am Hedge Fund News From HedgeCo.Net
(FINalternatives) Institutional investors are broadly maintaining their commitments to the alternative investment industry and nearly three-quarters plan to increase their allocations this year, according to a new survey by Context Summits. To read this article:...
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Reuters: Investors Not Yet Ruffled By Looming Government Shutdown

Apr 24 8:36am Hedge Fund News From HedgeCo.Net
(FINalternatives) U.S. stocks have struggled since the timeline for the Trump administration’s pro-growth agenda came into question, but investors appear confident that next week’s deadline that could shut down the federal government will not become another market hurdle. To read […]...
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Hedge Funds Jump on Gold for Life Raft as Dollar Ship Sinks

Apr 24 8:32am Hedge Fund News From HedgeCo.Net
(Bloomberg) There’s no stopping the gold bulls. Hedge funds increased their wagers on a gold rally to the highest since November, betting that this year’s 12 percent advance has more to go. Investors are also loading up on the metal […]...
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Hedge Fund Capital Rises to Third Consecutive Record

Apr 24 8:29am Hedge Fund News From HedgeCo.Net
(LiveMint) Total hedge fund industry capital increased to a third consecutive quarterly record in the first quarter (1Q17), as investors increased allocations to event-driven and quantitative, trend-following systematic macro strategies. To read this article:...
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AXA IM Launches $1bn Multi-Premia Strategy

Apr 24 8:27am Hedge Fund News From HedgeCo.Net
(HFMWeek) AXA Investment Managers (AXA IM) has launched a quantitative multi-premia strategy with initial AUM of $1bn. The strategy aims get exposure to a diversified set of premia strategies through investing globally in liquid equity, interest rate, foreign exchange and […]...
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Lyxor Spin-Out Metori Targets Late May Launch

Apr 24 8:24am Hedge Fund News From HedgeCo.Net
(HFMWeek) Paris-based quant firm Metori Capital, which span-out of Lyxor, has slated a late May launch subject to regulatory approvals. Metori was founded in November by a group of senior Lyxor staff, including the Paris-based asset manager’s CIO Nicolas Gaussel. […]...
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Balyasny Looks to Build the Amazon of Hedge Funds, But Can He?

Apr 24 8:18am Hedge Fund News From HedgeCo.Net
(Valuewalk) Hedge fund managers have two “unappetizing” choices in today’s market environment, Dmitry Balyasny, Managing Partner and CIO of the $12.1 billion hedge fund that bears his name wrote in the fund’s first quarter letter to investors….. They can slim […]...
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Tikehau announces new UK head of operations

Apr 24 8:17am HFM Week
Board member Peter Cirenza becomes French asset manager’s head of London operations...
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Could This CEO be a Millennial Bernie Madoff?

Apr 24 8:16am Hedge Fund News From HedgeCo.Net
(New York Post) Ever wonder what a modern-day millennial version of Bernie Madoff might look like? Could it turn out to be Elizabeth Holmes, the 33-year-old Silicon Valley sweetheart who is the chief executive of blood-testing firm Theranos? At one […]...
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Young Hedge Fund Managers Try to Score Capital at Wall Streets Version of Speed Dating

Apr 24 8:13am Hedge Fund News From HedgeCo.Net
(CNBC) Raising money for hedge funds can be hard. In an industry experiencing dismal (if any) returns and 10,000 competitors…A new type of conference has popped up in recent years to fill that void. It’s called the Context Summit….Managers have […]...
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Stay Diversified Across Asset Classes, Factors, and Strategies

Apr 24 8:11am Hedge Fund News From HedgeCo.Net
(Harvest) Simple advice for any investor. Accept that bad things will happen to markets. You may not know when, where, or how much it will affect markets but it will occur. There will be tail risk. The question is how […]...
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Follow the World Business Cycle Economies are Integrated

Apr 24 8:06am Hedge Fund News From HedgeCo.Net
(Harvest) Globalization is a critical part of macro investing. There can be talk of separation politics, but for investors, you have to focus on the global economic cycle because the world is highly integrated. What is very interesting is that […]...
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Markets cheer as risk of Le Pen winning French election recedes

Apr 24 8:01am HFM Week
Anticipated Macron victory in the 7 May runoff set to boost macro and CTA strategies...
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Marble Bar hires Mako Global COO

Apr 24 6:57am HFM Week
Alistair Heaton-Armstrong joins London firm as CEO to lead search for emerging manager talent...
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Optimus primed for growth as Wang rides the tech rally

Apr 24 6:00am HFI Profiles
The high-conviction strategy run from Beijing has delivered strong returns since launch in 2011, and the firm is now building out its global research efforts as well as its presence in the US...
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Prunus blossoms with global biotech sector equity focus

Apr 24 6:00am HFI Profiles
An experienced investment team led by Andy Chen finds rich pickings in the bio-pharma and biotech space, even in a bearish market phase...
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News round-up: Marshall Wace co-founder seeks Brexit debate role

Apr 24 5:49am HFM Week
Hedge funds short Hargreaves Lansdown; Partner FM sues Theranos again; and more...
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Ernst & Young on ESG Reporting

Apr 23 8:00pm AllAboutAlpha: Hedge Fund Trends & Alternative Investment Analysis
Are companies leveling with their shareholders and stakeholders in reporting data pertinent to their environmental and social impacts and their governance issues? Whether they are or aren’t levelling: how important is that as part of their relationship with their investors? For Ernst & Young, these questions have become more pressingRead More...
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AI hedge fund Cerebellum launches machine learning fund

Apr 21 2:47pm HFM Week
San Francisco-based company automating the role of data scientist...
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Morgan Stanley exec joins UBS HF sales team

Apr 21 2:36pm HFM Week
UBS adds Sandro Berardelli as a new director of global hedge fund sales...
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Lyxor spin-out Metori targets late May launch

Apr 21 9:04am HFM Week
Systematic firm signs QuantFactory to automate fund portfolio...
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How People Choose Hedge Funds: The Importance Of Branding

Apr 21 8:41am Hedge Funds
Choosing hedge funds can appear to be a complicated process, one riddled with different elements that weigh unequally upon the individual's wants. Do people pick them based on returns? How important is the fund manager? What role does the investor want to play? How active of a role? Do they go for familiar names and brands? Agecroft Partners' Don Steinbrugge, one of the top experts in the hedge fund industry, spoke with Benzinga about the process and psychology behind it. Hedge Fund Branding And Asset Flows Benzinga: Are hedge fund branding and asset flows correlated? Don Steinbrugge: There’s a bunch of different ways to approach hedge fund branding. However, the big picture is that most assets are flowing to hedge funds that have the strongest brands. 91 percent of assets are currently allocated to hedge funds that manage $1 billion or more in assets — which account for only 5 percent of the industry. On the other hand, hedge funds with less than $100 million in AUM are getting less than 2 percent of assets, despite representing a vast majority of hedge funds in the industry.  Moreover, the concentration to the largest managers has increased over the past eight years as large institutional investors, such as public pension funds and corporate pension funds, continue to represent a larger and larger percentage of the industry. [Now, this concentration derives from the fact that] a number of these pension funds prefer to invest in the hedge funds that are very well known because if something happens to them they can point to the fact that a lot of other people also invested in those funds. BZ: Can’t this be problematic? Steinbrugge: Indeed. I think this is one of the problems of the industry because there are a lot of hedge funds that are managing more assets than are optimal for their strategy; ...Full story available on Benzinga.com...
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HFR: Hedge Fund Industry AUM Hits $3.07T, Up 7.3% In Last 12 Months

Apr 21 8:37am Hedge Fund News From HedgeCo.Net
(FINalternatives) New data from Hedge Fund Research Assets shows assets under management in the hedge fund industry rose to a third consecutive quarterly record in the first three months of this year, as inflows to event-driven and systematic macro strategies […]...
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BNY Mellon IM Unveils U.S. Infrastructure Debt Fund

Apr 21 8:36am Hedge Fund News From HedgeCo.Net
(FINalternatives) BNY Mellon Investment Management has unveiled a new UCITS-compliant fund that will concentrate on municipal debt issued to finance infrastructure projects and sectors in the United States. To read this article:...
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Hedge-Fund Manager Crispin Odey Says Its Lonely Being Bearish

Apr 21 8:33am Hedge Fund News From HedgeCo.Net
(Bloomberg) Crispin Odey, whose main hedge fund lost almost 50 percent last year as his wagers on falling asset prices failed to pay off, says he feels “lonely” in betting against growth. “A year ago it was easy,” the 58-year-old […]...
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Hedge Funds Lose on UK Election Shock, But Man Less Than Machines

Apr 21 8:31am Hedge Fund News From HedgeCo.Net
(Reuters) Hedge funds lost out on Tuesday after British Prime Minister Theresa May shocked markets by calling a snap election, but those led by humans outsmarted those led by machines, in a reversal of fortunes from the Brexit referendum. While […]...
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AIMA Warns on Euro Clearing Costs for Hedge Funds

Apr 21 8:29am Hedge Fund News From HedgeCo.Net
(HFMWeek) Managers will face additional costs if euro-denominated clearing is relocated to the eurozone post-Brexit, trade body Aima has warned. Such a move would cause fragmentation of liquidity and the duplication of collateral requirements, making clearing both less effective at […]...
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Carlyle Closes First CLO of 2017 with $612m

Apr 21 8:27am Hedge Fund News From HedgeCo.Net
(FINalternatives) Global alternative asset manager Carlyle Group has raised approximately $612 million for its first U.S. collateralized loan obligation fund of 2017.The new CLO, arranged by Citigroup, is named Carlyle US CLO 2017-1 and will invest predominantly in senior secured […]...
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Hedge Funds Confidence in OPEC Starts to Fray

Apr 21 8:25am Hedge Fund News From HedgeCo.Net
(Reuters) OPEC and some of the most important hedge funds active in commodities reached an understanding on oil market rebalancing during informal briefings held in the second half of 2016. OPEC committed to implement credible production cuts and reduce global […]...
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Yale University Endowment Officials Make the Case for Active Management Fees

Apr 21 8:23am Hedge Fund News From HedgeCo.Net
(InvestHedge) Yale University endowment officials have heard the active management fee critics out there, Warren Buffett notably among them, but Yale isn’t going to change what’s been working for it and its $25.4 billion endowment fund. Arguably the most successful […]...
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Hedge Fund Assets Rise Again With Quants Leading The Way

Apr 21 8:20am Hedge Fund News From HedgeCo.Net
(Valuewalk) The theme of machine winning over man continued in the first quarter. The Macro category was a winner, with computer-driven systematic strategies leading the way with $4.9 billion of new capital. The sub-strategy now has total AUM of $294 […]...
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Before Ouster, Arconic CEO Accused Hedge Fund Founder of Wild Antics

Apr 21 8:17am Hedge Fund News From HedgeCo.Net
(New York Times) In the sleepy world of corporate governance, allegations of extortion are not exactly commonplace. But one of the most contentious showdowns between an activist hedge fund and a public company just got bizarre… To read this article:...
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One Hedge Fund Thats Never Far From a Good Fight

Apr 21 8:14am Hedge Fund News From HedgeCo.Net
(Times) Paul Singer founded Elliott Management in 1977 and built up his $33 billion hedge fund by investing in bankrupt and struggling companies. Elliott is famous for its 15-year campaign to make Argentina pay up on its defaulted bonds. The […]...
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Liquid Alts Needs to Go: Managers

Apr 21 8:12am Hedge Fund News From HedgeCo.Net
(Harvest) The once-hyped product type has become associated with high fees and vague definitions, and avoiding the phrase “liquid alts” altogether might be the best option to help resuscitate sales, according to asset managers who have taken issue with the […]...
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AXA IM launches $1bn multi-premia strategy

Apr 21 7:35am HFM Week
Quant strategy will be managed by the AXA IM’s new investment team in Hong Kong...
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CFTC files fraud charges against FX hedge fund

Apr 21 7:29am HFM Week
Capitol Equity and principals said to have scammed investors out of $1.7m...
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News round-up: EDP bid for renewable energy unit egregiously low Ecofin

Apr 21 5:51am HFM Week
It's lonely being bearish, says Odey; Systematic HFs lose out on UK election shock...
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Preqin: Another Net Outflow Year Underway for Hedge Fund Industry

Apr 20 8:00pm AllAboutAlpha: Hedge Fund Trends & Alternative Investment Analysis
In the February issue of its Hedge Fund Spotlight, Preqin looks into its crystal ball and tells us of its near term (2017) predictions for the hedge fund industry. The article begins with a simple observation: hedge funds saw net outflows of assets under management (AUM) in 2016. Likewise, 54\%Read More...
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Q1 Performance Roundup: Hedge fund returns boosted by equities rally

Apr 20 4:07pm HFI Performance
Glenview, Lone Pine and Valiant among the quarter of top managers who outperformed the S&P 500.
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Guggenheim HF platform acquired by RIA Conway

Apr 20 2:45pm HFM Week
St Louis-based firm taking over operations; aims to expand offering to other alts strats...
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Top 40: Equity shops post gains in March

Apr 20 12:30pm HFI Performance
Monthly ranking of top performing hedge funds.
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The Largest Publicly Traded Hedge Fund Saw The Largest Inflows Since 2011

Apr 20 11:44am Hedge Funds
Hedge funds have come under pressure as many investors found themselves paying a hefty fee for results that underperformed the overall market. Hedge fund managers posted a mere 0.34-percent gain throughout March and a 2.29 percent return for the first quarter of 2017. By comparison, the MSCI AC World Index gained 0.79 percent in March and is higher by 5.06 percent during the firs quarter. As such, many had assumed the only possible outcome would be investors pulling their cash from hedge funds but ...Full story available on Benzinga.com...
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Kedge hedge fund research head departs

Apr 20 7:38am HFM Week
Neil Hobson managed London-based investment team at $5bn Bertarelli business...
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Hedge Funds See Biggest Inflows in 20 Months in March

Apr 20 7:15am Hedge Fund News From HedgeCo.Net
(CNBC) After flocking from hedge funds in 2016, investors are beginning to find their way back. In fact, March saw money came back into the $3.1 trillion industry at the fastest pace since August 2015 — a 20-month span that […]...
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British Hedge Fund Man Group Says First Quarter Assets Up 10 Percent

Apr 20 7:14am Hedge Fund News From HedgeCo.Net
(Reuters) British hedge fund firm Man Group said on Thursday that net inflows, positive market moves and flows related to a recent acquisition helped funds under management rise 10 percent in the first quarter. Total assets under management at the […]...
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ETF Buyers Shun Top 2017 Commodity

Apr 20 7:13am Hedge Fund News From HedgeCo.Net
(Bloomberg) ETF investors and hedge funds can’t seem to agree on this year’s best-performing commodity.While the price of silver is near the highest in five months and money managers are the most bullish on record, the rally has failed to […]...
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BlackRock Earnings Rise on Tide of ETFs and Index Funds

Apr 20 7:12am Hedge Fund News From HedgeCo.Net
(New York Times) BlackRock, the world’s largest asset manager, continued to reap the benefits of the passive investing revolution in the first quarter of this year as investors stuck to ditching actively managed mutual funds for cheaper exchange-traded funds that […]...
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SEC Freezes Brokerage Accounts Used to Reap $1 Million In Alleged Insider Trading Profits

Apr 20 7:11am Hedge Fund News From HedgeCo.Net
(HedgeCo.Net) An emergency court order has been issued to freeze assets in two brokerage accounts used to generate more than $1 million in alleged insider trading profits in connection with a merger announcement by telecommunications companies. According to the SEC’s […]...
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How Morgan Stanley Bested Goldman Sachs

Apr 20 7:11am Hedge Fund News From HedgeCo.Net
(New York Times) Morgan Stanley’s 96 percent increase in fixed-income trading was easily the best of the batch of Wall Street’s bulge-bracket results. Bank of America, Citigroup and JPMorgan Chase increased their comparable division’s revenue just shy of a fifth, […]...
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Balyasnys Tip to Hedge Funds at Crossroads: Imitate Bezos

Apr 20 7:10am Hedge Fund News From HedgeCo.Net
(Bloomberg) Hedge funds that want to scale up and diversify as their fees come under pressure and investors flee the $3 trillion industry should follow Amazon.com Inc.’s growth strategy, according to Balyasny Asset Management. Dmitry Balyasny, who leads the investment […]...
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Amwal eyes big inflows on Saudi short-selling regs

Apr 20 6:38am HFM Week
Saudi-based hedge fund targets up to $500m AuM in 2017...
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Unigestion alts sales VP departs

Apr 20 6:34am HFM Week
Leila Haddioui leaves boutique manager after less than a year...
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News round-up: Follow Amazons lead for growth, says Balyansny

Apr 20 6:32am HFM Week
‘Inappropriate’ Kleinfeld letter intended to ‘extort’ Singer; Shkreli faces fraud charges...
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Man Group alts strats raise $1.9bn

Apr 20 5:30am HFM Week
Segregated FoHF mandate worth $1.4bn sees FRM grow AuM; AHL Evolution performance offsets other losses...
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Baml promotes US director to EMEA HF derivatives sales head

Apr 19 3:46pm HFM Week
Bank of America Merrill Lynch (Baml) has promoted Kim Stolz to the newly created role of head of EMEA equity derivatives hedge fund sales. Following the promotion, Stolz has moved from New York to Baml’s King Edward Street offices in London. She was previously an equity derivatives sales director focusing on hedge fund clients for almost three…...
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Pastor Charged With Exploiting Investors

Apr 19 9:11am Hedge Fund News From HedgeCo.Net
(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze obtained against a Michigan-based pastor accused of exploiting church members, retirees, and laid-off auto workers who were misled to believe they were investing in a […]...
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