Mets fans aren't the only ones ready to see the Wilpons leave Queens. As Steve Cohen received the necessary votes to be approved as the new Mets owner, pitcher Noah Syndergaard told The Post's Mike Puma that he hopes the hedge-fund billionaire's treatment of players and team staff clears the low bar set by the...
Hedge fund and Private Equity worlds collide over credit Submitted 30/10/2020 - 12:36pm This webinar will explore the extent to which convergence between hedge and private equity is happening and reveal how managers are thinking about their own diversification plans in the post-Covid marketplace. RESERVE YOUR PLACE Author Profile Tags Webinars.
How French trend-following hedge fund Metori Capital scored success with revamped CTA model Submitted By Hugh Leask | 30/10/2020 - 4:01pm In recent years, the relative underperformance of hedge fund strategies compared to the S&P 500's returns prompted many institutional investors to cast doubt on the value of this industry to their portfolios. But the dramatic swings in markets brought about by the coronavirus pandemic this year have proven a wake-up call for investors, according to Nicolas Gaussel, founding partner and CEO of Metori Capital Management - and firmly demonstrates the worth of a non-correlated trend-following strategy to investors.
Hedge fund specialist Brooklands Fund Management now servicing family office sector Submitted 30/10/2020 - 10:10am Hedge fund asset management platform provider Brooklands Fund Management is now providing back office support to multi-family offices with a plan to increase the scope of work to more middle office and reporting functions over the course of 2021. Read the full story at Wealth Adviser... Tags Wealth.
Winners and losers: How 2020's hedge fund performance is now weighing more heavily on investor allocations Submitted By Hugh Leask | 30/10/2020 - 7:18am The sharp dispersion in hedge fund performance is having a more noticeable impact on where investors choose to allocate - and withdraw - their money this year. New industry research shows that while allocators removed USD9.6 billion from hedge funds during September, they still pledged some USD8 billion to the industry throughout Q3 - the first time since Q1 2018 that hedge funds registered positive quarterly inflows.
New York City Mayor Bill de Blasio (D) declined to reveal Thursday whether he would sign off on the sale of the New York Mets to a hedge fund billionaire who was punished by federal regulators for conduct related to an insider trading scheme.During...
Cove Capital founder and CIO Louis Basger is rejoining hedge fund giant Brevan Howard Submitted By Hugh Leask | 29/10/2020 - 4:48pm Brevan Howard, the high-profile global macro hedge fund manager founded by Alan Howard, has rehired Cove Capital founder and CIO Louis Basger, who previously spent six years at Brevan in Geneva. Before setting up his own Geneva-based manager, Basger was at Brevan Howard Asset Management between 2010 and 2016, initially as a trade analyst and later a portfolio manager for the firm's main Brevan Howard Master Fund.
How consumer data provider Yodlee can help bolster hedge funds' portfolio-building process Submitted By Hugh Leask | 29/10/2020 - 4:37pm Yodlee, an information aggregation and analytics provider specialising in consumer spending and credit card sales data, says hedge funds are increasingly seeking out such alternative data in their hunt for alpha. Nikhil Nadkarni, vice president, data products at the Bay Area, California-based firm, explains how the firm's service can offer hedge funds and other investment managers a view into how a company is performing and how consumers are reacting to new products and services, in turn bolstering managers' research processes.
Bitwise Surpasses Usd100m In Aum Due To Rising Demand For Crypto From Hedge Funds And Financial Advisers
Bitwise surpasses USD100m in AUM due to rising demand for crypto from hedge funds and financial advisers Submitted 29/10/2020 - 9:35am Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, has surpassed USD100 million in assets under management (AUM). The majority of demand has been for its Bitwise 10 Crypto Index Fund, which tracks the 10 largest cryptoassets--including bitcoin, ethereum, and litecoin--that historically comprise over 80 per cent of the entire crypto asset class. The fund is currently available as a private placement; shares are expected to start publicly trading later this quarter.