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→  July 11, 2018

US hedge fund Elliott has bought out the indebted Italian soccer club AC Milan. The move comes after the San Siro side’s Chinese owners failed to repay debts. Elliott Management revealed on Tuesday it has assumed control and will inject 50 million euros ($59 million) to help stabilize the club’s finances. Seven-time European champions Milan […]

→  July 11, 2018

In May 2018, Washington, D.C. consultant David Blaszczak was convicted and found guilty of stealing secrets from the government and insider trading. A federal jury found that he provided private hedge fund clients with tops he learned from ex-colleagues that still worked in the government. In addition to Blaszczak, three other defendants were found guilty: […]

→  July 10, 2018

<!– –> By Jhoo Dong-chanMirae Asset Global Investments is attracting more retail investors with the nation’s first public offering fund that invests in private equity funds (PEFs).A PEF is a hedge fund pursuing absolute returns by utilizing various investment plans, including investing in equity shares and derivatives. Due to its high barrier requiring at least […]

→  July 10, 2018

Tue, 10/07/2018 – 08:52 Tags : Crypto currency Services Fund administration Article source: https://www.institutionalassetmanager.co.uk/2018/07/10/266181/libra-launches-new-crypto-offerings-fund-administrators

→  July 10, 2018

Hedge funds posted mixed performance in June as trade tensions increased around fluid tariff negotiations and proposals, while the US Federal Reserve increased interest rates and MA activity remained strong. The HFRI Fund Weighted Composite Index (FWC) declined -0.46 per cent for the month, as gains in Event-Driven strategies were offset by declines in Equity […]

→  July 10, 2018

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Article source: https://www.ft.com/content/aedaea52-8416-11e8-96dd-fa565ec55929

→  July 9, 2018

While sticking to its broad asset allocations last year, CIC “made some specific, timely and smaller adjustments to our strategies, therefore achieving relatively good investment returns,” President Tu Guangshao told reporters on Monday, adding that the performance of global markets also helped. Article source: https://www.bloombergquint.com/china/2018/07/09/china-s-wealth-fund-posts-record-return-after-2017-global-rally

→  July 9, 2018

Hedge funds could struggle to recruit the right people as demand for candidates with data science or engineering backgrounds is far exceeding supply, according to recruitment consultants. It comes as performance in hedge funds picks up. Single manager funds returned 1.43% in the first five months of the year, according to data from Preqin, while […]

→  July 9, 2018

Mon, 09/07/2018 – 09:05 Tags : Funds Launches Fundraising Services Fund administration Article source: https://www.hedgeweek.com/2018/07/09/266136/sealark-picks-truss-edge-support-portfolio-management-and-data-ops-launch-new

→  July 9, 2018

Pension freedoms three years on In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions. As such, sponsors and trustees have […]