Alternative Asset Management
Alternative Asset Outlook: '2018 Challenging for Many IM Firms'Read the rest of this entry »
2018 is the year the alternative asset sector may well go all-in for artificial intelligence and machine learning. That's likely to be one of the hottest trends for the industry, says Deloitte's 2018 Investment Management Outlook.
"70 percent of new hedge fund launches globally in 2018 will likely include investment processes that are supported by computer models, including AI and machine learning algorithms," says the report.
Existing funds ...
Asset Managers Fear There's a Stock Market BubbleRead the rest of this entry »
Since the end of the Great Recession, the stock market has been on a gallop. Just this year, the Dow Jones opened at 19,926, pushed through 20,000 before the end of the month and went on to rocket up to over 24,100 this week.
Index funds have ridden along with the market, posting double-digit gains. Meanwhile, hedge funds have struggled just to stay in positive territory.
Why Hedge Fund Managers Need to be More Like AmazonRead the rest of this entry »
What do hedge fund managers have in common with the mega-retailer Amazon? Too little, says Peter Hans, co-founder and CEO of the investment marketing and content delivery firm Harvest.
Writing in FinAlternatives, Hans says, "Amazon has succeeded by prioritizing the needs of the customer." However, too many alternatives managers-- a majority, he maintains -- have been so hesitant to change how they do business that they "have become at risk of ...
Top Money Manager Says Bitcoin May Hit $10,000Read the rest of this entry »
Bitcoin, the cryptocurrency that's seen its price rise like a rocket since May, could top $10,000 next year.
Former hedge fund manager Michael Novogratz who's been investing in Bitcoin for months, told CNBC this week, "I can hear the herd coming." "It's a bubble," he agreed, adding, "It's going to be one the great manias of all time."
That doesn't mean cryptocurrencies and the ...
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 ...