Trusted Insighthttp://thetrustedinsight.com/2017-05-03T17:32:30.773456-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Passive Funds Are No Match For Skilled Active Managers
2017-05-03T17:32:30.773456-04:00https://www.thetrustedinsight.com/investment-news/passive-funds-are-no-match-for-skilled-active-managers-20170503146/
The weight of articles and fund flows can make it seem like passive funds and ETFs will eventually overrun all active management. Index funds have certainly made great strides but so far are mostly focussed on the low hanging fruit of the most liquid and transparent sectors. The concept that it is very hard to beat the index after fees in large cap US equities is generally accepted.
What Do Apple, Facebook, Alphabet And Hedge Funds Have In Common?
2016-05-12T17:15:07.974312-04:00https://www.thetrustedinsight.com/investment-news/what-do-apple-facebook-alphabet-and-hedge-funds-have-in-common-20160512434/
Large cap stocks like Apple Inc. (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB), and Alphabet Inc (NASDAQ:GOOGL) enjoy one of the weirdest periods in the history of the stock market.
Venerable Boston Mutual Fund Shuts Doors After 48 Years
2016-03-02T17:00:14.819435-05:00https://www.thetrustedinsight.com/investment-news/venerable-boston-mutual-fund-shuts-doors-after-48-years-20160302840/
BOSTON (Reuters) - One of the mutual fund industry's oldest funds, run by one of its most enduring fund managers, Kenneth Heebner, went out of business last week, when Natixis Global Asset Management...
Relational Investors, $5B Hedge Fund, Closes
2016-02-19T09:00:12.004127-05:00https://www.thetrustedinsight.com/investment-news/relational-investors-5b-hedge-fund-closes-20160219211/
Ralph Whitworth’s Relational Investors has officially closed down its activist hedge fund as of December. It no longer owns any stocks. The firm was open for two decades and managed over $6 billion. Relational started shutting down in 2014 when founder Ralph Whitworth announced he was taking a leave of absence to address his throat cancer. While Relational is gone, it won’t be forgotten – known for waging battles at Hewlett-Packard and Home Depot. Ralph Whitworth’s Relational Investors LLC closed out its portfolio in December, marking the end of a firm that was a pioneer in activist investing and once...
NACUBO Is The Hedge Fund Party Over
2016-02-11T18:00:28.376814-05:00https://www.thetrustedinsight.com/investment-news/nacubo-is-the-hedge-fund-party-over-20160211918/
Although the hedge fund sector has experienced a rough year performancewise there are still opportunities to be had for endowments active in the sector according to a panel discussion during NACUBOs 2016 Endowment and Debt Management Forum held Feb 35 at the Waldorf Astoria in New York City
North America Drives Global PE-Backed Buyout Deal Activity In 2015
2016-01-05T17:03:36.196756-05:00https://www.thetrustedinsight.com/investment-news/north-america-drives-global-pe-backed-buyout-deal-activity-in-2015-20160105059/
Private equity-backed buyout deal activity saw continued growth in 2015, as 3,546 deals were recorded totaling $409bn. This represents an 18% increase on the $348bn of private equity-backed deals in 2014, and it is the sixth consecutive year in which global deal value has increased. These figures are expected to rise by a further 10-20% as more data becomes available.
Valeant Takes Bite Out of More Funds
2015-11-19T14:30:18.362599-05:00https://www.thetrustedinsight.com/investment-news/valeant-takes-bite-out-of-more-funds-20151119763/
Recent regulatory filings provide a snapshot of the investors with large stakes in the company who added or sold shares during the third quarter. The filings, in concert with the firmâs share price moves, shed some light on potential paper losses at different funds during the period, but may not capture all trades during the quarter. J.P. Morgan Chase & Co.âs asset management unit, T. Rowe Price Group Inc. and Fidelity Investments were among the 10 largest Valeant shareholders at the end of September, according to S&P Capital IQ. Other large shareholders at the time included hedge fund firm Paulson & Co. and GMO...
Shkreli Is Catalyst As Jana Dumps Valeant Ahead Of Big Drop
2015-11-05T15:50:29.781714-05:00https://www.thetrustedinsight.com/investment-news/shkreli-is-catalyst-as-jana-dumps-valeant-ahead-of-big-drop-20151105883/
Jana Partners’ Jana Master Fund recorded a net loss of 8.2% for the third quarter, according to the fund’s third quarter letter to investors reviewed by ValueWalk. For the nine months to the end of September 2015, the hedge fund started by Barry Rosenstein was down 6.7% compared to a loss of 5.3% for the S&P 500 over the same period. Since inception, (April 2001) Jana has produced a total return of 417.6% or 12.0% annualized compared to 120.5% or 5.6% annualized for the S&P 500 Total Return Index. Jana’s average net exposure during the third quarter was 49%. The fund’s...
Africa Private Equity Insider: A Bubble? Far From it
2015-10-29T16:47:38.911440-04:00https://www.thetrustedinsight.com/investment-news/africa-private-equity-insider-a-bubble-far-from-it-20151029508/
But buyouts are only one slice of the African private equity market, and funds looking to diversify into Africa have more to worry about than the potential pricing risks posed by their competition. “You always have competition,” Romain Py, executive head of transactions with African Infrastructure Investment Managers, told AFKInsider.
Manager Monday: Roystone Capital Management
2015-10-20T15:24:20.079514-04:00https://www.thetrustedinsight.com/investment-news/manager-monday-roystone-capital-management-20151020979/
Roystone Capital Management is a value-oriented hedge fund founded in 2013 by Rich Barrera, formerly of Redwood and Glenview. The fund invests both long and short in equities and credit. All the below analysis is purely on their long equity book they’re required to publicly file, so does not encapsulate their entire book. Given the asset class profile of Roystone’s investments, and the fact they did not reach sufficient size to file till Q4 2013, this is an important disclaimer. This analysis does not include their first year, and the multi-asset class long/short nature of their portfolio means actual performance and...
Glenmede Appoints Peter Zuleba President of Glenmede Investment Management
2015-08-19T12:42:32.040345-04:00https://www.thetrustedinsight.com/investment-news/glenmede-appoints-peter-zuleba-president-of-glenmede-investment-management-1-20150819840/
Glenmede, a privately-held and independently owned investment and wealth management firm, announced the appointment of Peter J. Zuleba, III, CFA, as ...
Glenmede Appoints Peter Zuleba President of Glenmede Investment Management
2015-08-19T12:36:42.142749-04:00https://www.thetrustedinsight.com/investment-news/glenmede-appoints-peter-zuleba-president-of-glenmede-investment-management-20150819837/
(Press Release) Glenmede, a privately-held and independently owned investment and wealth management firm, announced the appointment of Peter J. Zuleba, III, CFA, as ...
Hedge Funds Are In Fear Mode: BAML
2015-08-18T13:00:17.329446-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-are-in-fear-mode-baml-20150818794/
Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues....
Norway's Sovereign Wealth Fund Blasts High Frequency Trading
2015-08-14T13:38:26.987550-04:00https://www.thetrustedinsight.com/investment-news/norways-sovereign-wealth-fund-blasts-high-frequency-trading-20150814710/
The Oslo-based fund said while healthy competition had been introduced among exchanges in the past 20 years, trends in investment have also radically changed in that period. The sovereign wealth fund...
How do UK and US family offices compare?
2015-08-12T14:34:05.781198-04:00https://www.thetrustedinsight.com/investment-news/how-do-uk-and-us-family-offices-compare-20150812632/
Both in the US and the UK the term 'family office' is as ubiquitous as it is contentious. We brought together two of the biggest names in UHNW wealth management from either side of the pond to compar...
Hedge Funds Bought WTI Crude After Record Selling
2015-08-10T19:03:10.209738-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-bought-wti-crude-after-record-selling-20150810584/
Bank of America Merrill Lynch analysts Jue Xiong and Stephen Suttmeier released the latest edition of their Hedge Fund Monitor report this morning. In equities, they found that large speculative fund...
Los Angeles Fire & Police adds 2 emerging managers
2015-07-14T10:58:54.955603-04:00https://www.thetrustedinsight.com/investment-news/los-angeles-fire-police-adds-2-emerging-managers-20150714061/
<div>Los Angeles Fire & Police Pension System invested $25 million each with two emerging managers, OakBrook Investments and Redwood Investments, for active domestic large-cap equity portfolios, said Ray Ciranna, general manager of the $18.6 billion pension fund, in an e-mail to Pensions & Investments. </div><div><br></div><div>The board issued an RFP in December. The other finalists were Affinity Investment Advisors, Poplar Forest Capital and TWIN Capital Management.</div><div><br></div><div>The pension fund in the past year has hired seven emerging managers across asset classes with mandates totaling about $225 million, Mr. Ciranna noted.</div><div><br></div><div>Separately, the board renewed the contract of LM Capital, which runs $344 million in active core-plus fixed income. LM Capital’s contract was set to expire Aug. 31.</div><div><br></div><div>RVK, the fund’s general investment consultant, assisted on both actions.</div>
Thomson Reuters: Worldwide M&A hit its highest level since 2007 in Q1,Q2 of 2015
2015-07-03T13:33:01.285214-04:00https://www.thetrustedinsight.com/investment-news/thomson-reuters-worldwide-ma-hit-its-highest-level-since-2007-in-q1q2-of-2015-20150703884/
"Worldwide M&A hit its highest level since 2007 in the first half of 2015, largely powered by a 48% bump in the number of deals worth $5 billion or more, according to Thomson Reuters." notes Fortune's Dan Primack
Pioneer expands US equities team
2015-06-23T11:35:34.934792-04:00https://www.thetrustedinsight.com/investment-news/pioneer-expands-us-equities-team-20150623676/
Pioneer Investments has announced the appointment of Jeff Kripke as portfolio manager to its Boston-based US equities team as of 1 July.
LA Fire and Police to Renew Mackay Shields for High Yield Investment Management, Praising Firm's "Defensive" Strategy
2014-05-15T11:58:09.499022-04:00https://www.thetrustedinsight.com/investment-news/la-fire-and-police-to-renew-mackay-shields-for-high-yield-investment-management-praising-firms-defensive-strategy-20140515372/
During this contract period MacKay Shields did not outperform its benchmark. Staff, however,
believes the firm has performed well during a challenging period for a high yield manager with a
strategy that emphasizes credit quality. MacKay Shields has continued to pursue the strategy for
which it was originally hired, and over the course of its tenure with the Fund it has added value net
of fees.
Are Small Cap Stocks a Separate Asset Class?
2014-05-06T15:36:21.198416-04:00https://www.thetrustedinsight.com/investment-news/7154-are-small-cap-stocks-a-separate-asset-class-20140506154/
f small cap stocks were just a more volatile extension of the market, we’d expect to see them generally move in lockstep with a large cap index like the S&P 500, increasing more during bull markets, declining more during bear markets, and languishing sympathetically during sideways markets. But small cap stock returns don’t fit this pattern at all. - See more at: http://servowealth.com/resources/articles/are-small-cap-stocks-separate-asset-class#sthash.SLbjLVJi.zXkEZwqw.dpuf
Watertown Retirement Board Searching for Domestic Large Cap Core Equity Managers
2014-05-01T13:42:59.336991-04:00https://www.thetrustedinsight.com/investment-news/7059-watertown-retirement-board-searching-for-domestic-large-cap-core-equity-managers-20140501059/
The Watertown (MA) Retirement Board is seeking proposals from qualified investment managers to provide active, diversified domestic Large Cap Core Equity investment management services for the Retirement System’s $123 Million investment portfolio. The Retirement Board expects to allocate up to $12 Million in total to the mandate.
Plymouth Contributory Retirement System Searching for Large Cap Value Equity Managers
2014-05-01T13:40:22.384302-04:00https://www.thetrustedinsight.com/investment-news/7058-plymouth-contributory-retirement-system-searching-for-large-cap-value-equity-managers-20140501058/
The Town of Plymouth (MA) Retirement Board is seeking proposals from qualified investment managers to provide active Large Cap Value Equity management services. The Retirement Board is considering ...
New Mexico Pension Plan May Terminate Northern Trust, Let C.S. McKee Expire
2014-02-21T10:56:48.180739-05:00https://www.thetrustedinsight.com/investment-news/5877-new-mexico-pension-plan-may-terminate-northern-trust-let-cs-mckee-expire-20140221877/
Action Item: Large Cap US Equity
1. Recommendation to allow the C.S. McKee contract to expire (6/30/14). Proceeds will be placed in the SSgA Russell 1000 index fund.
2. Terminate NTGI Russell 1000 Growth, transferring proceeds to the SSgA Russell 1000 Index fund.
Fidelity Investments changes managers at two dividend growth funds : Regions : Venture Capital Post
2014-01-03T18:40:50.879740-05:00https://www.thetrustedinsight.com/investment-news/4623-fidelity-investments-changes-managers-at-two-dividend-growth-funds-regions-venture-capital-post-20140103623/
Boston-based Fidelity Investments said it will replace Lawrence Rakers as manager of the Fidelity Dividend Growth Fund and Fidelity Advisor Dividend Growth Fund, Bloomberg reported citing regulatory ...
Chief Investment Officers of Merrill Lynch and U.S. Trust Report U.S. Economic Growth
2013-12-30T14:38:07.385677-05:00https://www.thetrustedinsight.com/investment-news/4361-chief-investment-officers-of-merrill-lynch-and-us-trust-report-us-economic-growth-20131230361/
In 2014, opportunities and risks in financial markets will be driven by an improving global economy, moderate inflation and gradually rising interest rates, according to Merrill Lynch and U.S. Trust.
Commodity Winners For 2014
2013-12-27T17:30:57.137090-05:00https://www.thetrustedinsight.com/investment-news/4312-commodity-winners-for-2014-20131227312/
ConocoPhillips (NYSE:COP), Chevron Corporation (NYSE:CVX), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Vale SA (ADR) (NYSE:VALE), Exxon Mobil Corporation (NYSE:XOM): Commodities Today: Commodity W...
Chief Investment Officers of Merrill Lynch and U.S. Trust See Strong U.S. Economic Growth in a Transforming World
2013-12-18T13:16:35.965140-05:00https://www.thetrustedinsight.com/investment-news/3898-chief-investment-officers-of-merrill-lynch-and-us-trust-see-strong-us-economic-growth-in-a-transforming-world-20131218898/
NEW YORK, Dec 17, 2013 (BUSINESS WIRE) --
The chief investment officers of Merrill Lynch and U.S. Trust today
released their investment strategy overviews for 2014, including key
themes...
Hedge fund Hayman Capital takes stake in GM
2013-12-04T14:10:51.758952-05:00https://www.thetrustedinsight.com/investment-news/3374-hedge-fund-hayman-capital-takes-stake-in-gm-20131204374/
DETROIT (Reuters) - Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock could rise more than 40 percent over the next 12-18 months after the U.S. T...
Warburg President Says Neiman Sale a Success
2013-09-26T11:21:16.749857-04:00https://www.thetrustedinsight.com/investment-news/1776-warburg-president-says-neiman-sale-a-success-20130926776/
For Warburg Pincus, its $6 billion sale of luxury retail chain Neiman Marcus Group Ltd. was a “success...
Michael Dell, Silver Lake win shareholder OK for $25 billion buyout
2013-09-12T11:36:41.957040-04:00https://www.thetrustedinsight.com/investment-news/1614-michael-dell-silver-lake-win-shareholder-ok-for-25-billion-buyout-20130912614/
Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors...
Toronto Firm Launches High-Net Version of Long/Short Fund
2013-08-27T15:41:18.229824-04:00https://www.thetrustedinsight.com/investment-news/1438-toronto-firm-launches-high-net-version-of-longshort-fund-20130827438/
Investment management firm Spartan Fund Management announced Monday that it has launched a high-net version of its long/short global equity fund...
Onex Said to Seek $4.5 Billion for Large-Cap Buyout Fund
2013-08-01T11:23:05.633568-04:00https://www.thetrustedinsight.com/investment-news/1066-onex-said-to-seek-45-billion-for-large-cap-buyout-fund-20130801066/
Onex Corp., Canada's biggest buyout firm, is seeking $4.5 billion for its next fund that will make large-capitalization investments in North America, three people with knowledge of the matter said....
KKR to finance $3.9 bln Gardner Denver deal at record low rates
2013-07-25T10:27:58.110521-04:00https://www.thetrustedinsight.com/investment-news/958-kkr-to-finance-39-bln-gardner-denver-deal-at-record-low-rates-20130725958/
KKR & Co LP on Tuesday secured the cheapest borrowing rates it ever got to fund a leveraged buyout, which could cut hundreds of millions ofdollars from interest it will pay...
Hedge Fund Launch: China Equity Fund For U.S. Investors
2013-07-23T12:23:44.921902-04:00https://www.thetrustedinsight.com/investment-news/915-hedge-fund-launch-china-equity-fund-for-us-investors-20130723915/
New York (HedgeCo.Net) - Neuberger Berman, the $214 billion money manager, is launching a China equity fund for U.S. investors....
Ackman may struggle to raise $1 billion in less than 10 days| Reuters
2013-07-16T16:17:18.967331-04:00https://www.thetrustedinsight.com/investment-news/809-ackman-may-struggle-to-raise-1-billion-in-less-than-10-days-reuters-20130716809/
BOSTON (Reuters) - Hedge fund manager William Ackman's strong returns have made him into one of Wall Street's biggest managers, but even he may struggle to raise $1 billion in the next week for a sing...
Glimcher Finds Gold in Malls With 38% REIT Return - Bloomberg
2013-07-09T11:18:40.323244-04:00https://www.thetrustedinsight.com/investment-news/696-glimcher-finds-gold-in-malls-with-38-reit-return-bloomberg-20130709696/
Michael Glimcher has made quite a comeback. His company, Glimcher Realty Trust, hit bottom in 2008 as it struggled under $1.7 billion of debt....
TPG Nears $2B Second Close on Asia Fund, Short of Overall Aim
2013-06-20T11:35:58.572458-04:00https://www.thetrustedinsight.com/investment-news/410-tpg-nears-2b-second-close-on-asia-fund-short-of-overall-aim-20130620410/
Dow Jones publishes the most accurate, unbiased private equity & venture capital news, data, research & analysis. Access aggregated, global PE & VC news & data from Private Equity Analyst, PE News, LB...
Data Show Investors Still Bullish on Emerging Market Equities | Institutional Investor
2013-05-27T12:26:21.515793-04:00https://www.thetrustedinsight.com/investment-news/102-data-show-investors-still-bullish-on-emerging-market-equities-institutional-investor-20130527102/
A number of factors are driving institutional investor interest in emerging market equities, as reflected in fund flows and consultant search data....