Alternative Asset Management
Digital Skills Increasingly Important to Fund ManagersRead the rest of this entry »
The growing acceptance of quantitative investment strategies has been raising fears that data scientists and quants will eventually supplant the human in alternative asset management with algorithms and machine learning.
Not likely, said a group of recruiters and financial managers at a recent employment event in New York City. Instead, technology will support human decision-making, though the type of professional hedge funds will seek for those roles is already changing ...
Gains Are Strong For the Biggest Hedge FundsRead the rest of this entry »
"Mega-hedge funds" are posting strong gains, fueled by a rising stock market and strong employment numbers, says a Bloomberg report.
Citing four of the largest hedge funds, Bloomberg says they have gains of between 7 and 11.7% in the first seven months of the year. Still, they trail the S&P 500, which was up 12% through July. And the average hedge fund is still further behind, earning a return ...
Hedge Fund Interest Driven By Quant StrategiesRead the rest of this entry »
After struggling with investment outflows and returns below -- sometimes well below -- the S&P 500, Credit Suisse has some good news for hedge funds, its mid-year Hedge Fund Investor Sentiment Survey found a renewed confidence among fund investors.
According to Credit Suisse, 81% of the 200-plus institutional investors surveyed say they are likely or very likely to allocate to hedge funds by the end of the year. This is an 8 ...
Hedge Fund Launches Rise As Fees DeclineHedge Fund Research says new hedge fund launches in the first quarter of the year was the first increase since 2016. The 189 new fund launches was 36 higher than in the last quarter of 2016.Read the rest of this entry »
As reported in FINalternatives, the HFR data also showed fund liquidations declining in the first quarter to 259 from 275 at the end of 2016.
Meanwhile, industry capital rose to a record $3.07 ...
Girls Who Invest Seeks to Boost Women ManagersWhen it comes to gender diversity in the alternative assets sector, women as managers make up only 13% of the total, a percentage that's even lower than the highly publicized gender gap in tech.Read the rest of this entry »
Closing that gap is the mission of Girls Who Invest, a non-profit organization that this week will kickoff its second, "Summer Intensive Program" training 60 college freshman and sophomores in the fundamentals of financial management ...
Hedge Fund Founder: Global Economy Headed for DisruptionThe global economy is chugging along "at or near its best" right now. But the longer term "looks scary," writes Ray Dalio, founder, chairman and chief investment officer of Bridgewater Associates, one of the largest hedge funds in the world.Read the rest of this entry »
He's fretted in the past over the potential for social upheaval caused by national financial policies and economic disruption. In his latest article, Dalio argues that while the outlook ...
Fund Managers In a Rush to Hire MarketersInstitutional Investor reports that the hottest jobs at alternative investment firms this year are in marketing. According to a post this week, the funds hired 251 investor relations and fundraising professionals in the first quarter alone, a 14% increase from 2016, itself a growth year.Read the rest of this entry »
"These are the highest numbers we've ever reported," Sasha Jensen told Institutional Investor. She is CEO of Context Jensen Partners, which has tracked hiring ...
The Decline of a Retail Icon and Its Hedge Fund OwnerThe last of the nation's historic retailers, the iconic Sears, declared in a securities filing last month that "substantial doubt" exists the company can survive.Read the rest of this entry »
Though the company cushioned that warning with a public statement that it was a "viable business" that can meet its obligations, the damage was done. The share price of Sears Holdings dropped more than a dollar on the day of the filing from its ...
Buffett Says Fund Fees Are a WasteThe "Oracle of Omaha" is taking on the hedge fund industry, charging that fund managers have cost investors $100 billion or more over the last decade for results a fraction of what a low cost S&P fund has earned.Read the rest of this entry »
Warren Buffett gave over a section of his annual letter to Berkshire Hathaway shareholders to critique fund managers and the high fees they charge.
“When trillions of dollars are managed by ...
Economists Speculate Trump Policies Could Force Fed Rate HikesThe Federal Reserve held off hiking interest rates during its first meeting of the year that ended this week, but economists and financial managers expect that will happen at the Fed's next meeting in March.Read the rest of this entry »
At its December meeting the Fed signaled there could be three rate hikes in 2017. That was only a projection; much depends on national and global economic conditions.
Now, analysts are weighing an additional ...