Hedge funds advanced in April led by Macro strategies
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1d ago
Opalesque Industry Update - Hedge funds advanced in April as equities declined, led by Macro strategies and the industry's largest funds, with the HFRI Macro Asset Weighted Index advancing +2.6 percent. Macro hedge funds extended their 1Q gains through April as financial markets pared 1Q advances... Article Link ..read more
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Financial industry plagued by ransomware attacks; 65% of organizations suffered ransomware damage in 2023
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1d ago
Opalesque Industry Update - Although the global number of ransomware attacks dropped by 36% to 317.6 million in 2023, the financial industry is still plagued by malicious software, which can significantly disrupt business operations and cause reputational and financial damage. According to data pr... Article Link ..read more
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AMB :- Canada's Brookfield invests $1.5bn for a majority stake in private credit manager Castlelake
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1d ago
Laxman Pai, Opalesque Asia: Canada&`s Brookfield Asset Management has entered into agreement under which it will acquire a 51% stake in the fee-related earnings of Castlelake, an alternatives asset manager specializi... Article Link ..read more
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AMB :- Opalesque Roundup: Multi-strat hedge fund launches dive in Q1: hedge fund news
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1d ago
In the week ending May 3rd 2024, the data provider Preqin stated that new multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last qu... Article Link ..read more
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Opalesque Roundup: Multi-strat hedge fund launches dive in Q1: hedge fund news
Opalesque - Premium Hedge Fund News,The Choice of the Industry Leaders
by
1d ago
In the week ending May 3rd 2024, the data provider Preqin stated that new multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last quarter of 2023, a sign that inv... Article Link ..read more
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US SEC charges auditor BF Borgers with fraud
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4d ago
Opalesque Industry Update - The Securities and Exchange Commission charged audit firm BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, amp;quot;Respondentsamp;quot;), with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in ... Article Link ..read more
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AMW :- Opalesque Roundup: Multi-strat hedge fund launches dive in Q1: hedge fund news
Opalesque - Premium Hedge Fund News,The Choice of the Industry Leaders
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4d ago
In the week ending May 3rd 2024, the data provider Preqin stated that new multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down from about one in four in the last quarter of 2023, a sign that investors witnessing higher market volatility might b... Article Link ..read more
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AlTi Tiedemann Global announces new growth equity strategy with Hiro Tamura
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1w ago
Opalesque Industry Update - AlTi Global (NASDAQ: ALTI), an independent global wealth manager with over $70 billion in combined assets, announced a new partnership with leading technology investor Hiro Tamura, formerly Managing Partner at Atomico, to collaborate on a new flagship growth equity strate... Article Link ..read more
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Opalesque Video: Tail-risk hedging without the bleed
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1w ago
B. G., Opalesque Geneva for New Managers: The Ambrus Group claims to provide massive crash protection through tail-risk hedging without bleeding investor capital in normal markets... Article Link ..read more
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AMB :- LatAm investment bank BTG Pactual racks up $1bn for strategic capital investment strategy
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1w ago
Laxman Pai, Opalesque Asia: BTG Pactual Asset Management, an opportunistic investment strategy focused on asset-oriented businesses of Latin American banking major BTG Pactual, has raised more than US$1bn for its oppor... Article Link ..read more
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