Hints and tips:
...It is good for fund managers who want to use this [information] in marketing through brokers,” said Lance Dial, a partner at the K&L Gates law firm....
...Four have adopted pro-ESG laws, according to the K&L Gates law firm....
...It is seeking to stop Millennium from using the strategy and unspecified damages. Millennium, a $62bn hedge fund founded by Izzy Englander, did not immediately respond to a request for comment....
...“Mutual funds allowed more people to get into the market,” says financial historian Richard Sylla of New York University....
...Multi-manager hedge funds typically allocate capital across tens or hundreds of trading teams that operate a variety of different strategies, and are overseen by a centralised risk management system designed...
...In 2023, Gramercy’s flagship multi-strategy fund returned 16.7 per cent net of fees compared with 11 per cent for the JPMorgan EM Equal Weight Total Return index, which blended the bank’s three best known...
...That’s really picked up over the last month or so,” said Evan Brown, portfolio manager and head of multi-asset strategy at UBS Asset Management....
...Brooke Masters They sort of were in each other’s orbit as New York financiers for decades, and they ran across each other more and more once Ogunlesi became the founder of GIP, because GIP has funds and...
...The industry is particularly concerned about applying the 80 per cent rule to “growth” and “value” funds, because different companies define those strategies differently, and to “global” funds, because some...
...The US alternative asset manager has told investors it will wind down the Blackstone Diversified Multi-Strategy fund by the end of the year....
...The top five contributors to the fund’s performance last year were Meta Platforms, Microsoft, Novo Nordisk, L’Oréal and IDEXX Laboratories....
...A New York jury this week convicted Avi Eisenberg of fraud....
...In today’s newsletter: Multi-manager hedge funds on the rocks Qatar bets on India’s Ambani Turkey’s IPO renaissance Multi-manager hedge funds meet their maker Three decades ago, when star traders such...
...One podcast to start: In this episode of the Behind the Money podcast, Ortenca Aliaj and I explore how cracks are starting to appear in the multi-manager hedge fund strategy....
...It’s, you put your money with Citadel and they do some kind of insanely complicated multi-strategy options hedging, blah, blah, blah that does not scale beyond a relatively small pool of capital such that...
...Workers picketed selected plants and parts warehouses with no advance warning to the automakers, a strategy that disrupted carmakers’ operations while preserving the fund the union uses to pay striking workers...
...Lingotto, the asset manager backed by Italy’s Agnelli family, has hired Pam Chan to open its New York office and as chief investment officer of its new Mosaic Fund, the WSJ reports....
...The company subsequently grew by acquiring other companies and counts Platts, part of credit rating company S&P, among its competitors....
...The conduct at issue “was not related to and does not impact the company’s strategy, financial performance, technology and market operations, reporting, or internal controls”, the company said....
...“A lot of these banks are trading dirt cheap,” said Remi Olu-Pitan, a multi-asset fund manager at Schroders. “But although they’re cheap, they could get cheaper....
...He told us: “The stories of markets are always stories of cycles and strategies that come and go in terms of popularity. Clearly right now the multi-strategy managers are very much in vogue....
...“If Trump comes in, we don’t know his agenda yet,” said Andrew Pease, global head of investment strategy at Russell Investments....
...As a New York Times headline on the deal said: “Reaping the big profits from a fat cat”....
...strategy....
...Hello from New York, where I’ve just arrived ahead of the Moral Money Summit Americas here on Tuesday and Wednesday next week....
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