Browsing: Newly Added

Newly Added

Wedding ESG with Modern Portfolio Theory

Mar 29th, 2020 | Filed under: Newly Added, ESG, The A.I. Industry, Socially responsible investing, Other Topics in A.I.

Three executives at AQR Capital have proposed a new variant on modern portfolio theory, an elaboration of the classical idea of an efficient frontier. The idea, going back to Markowitz’ 1952 paper, is that there exists a set of possible portfolios such that each achieves the best possible risk-return tradeoff.Read More


Long Alpha and Activist Strategies 

Mar 27th, 2020 | Filed under: Newly Added, Hedge Fund Strategies, Alpha Strategies, Hedge Funds, Event-Driven Hedge Funds

By Aaron Filbeck, CAIA, CFA, CIPM Associate Director, Content Development at CAIA Association Excerpted from the Alternative Investment Analyst Review, Volume 8, Issue 2 The Alternative Investment Analyst Review is the official publication of the CAIA Association. Access to the most current issue is an exclusive benefit of CAIA MembershipRead More


THOU SHALL NOT SHORT THE VIX

Mar 26th, 2020 | Filed under: Newly Added, Alpha Strategies, Hedge Funds, Other Topics in A.I.

By Nicolas Rabener of FactorResearch (@FactorResearch) INTRODUCTION Scratching the surface of most people’s knowledge often does not reveal depth, but a lack thereof. When the former US Democratic candidates Tom Steyer and Amy Klobuchar were asked to name Mexico’s president, who is one the key counterparties for any US president,Read More


The Future is in the Hands of Private Debt Funds

Mar 23rd, 2020 | Filed under: Newly Added, Private Equity, The A.I. Industry, Debt Types of Private Equity, Venture capital, Equity Types of Private Equity, Private Investments

A new analyst report looks at what is in store for the private markets given Covid-19, an impending economic slowdown, and energy price volatility. It argues that we are entering a bear different from other bears. This bear market may be part of a transition that will increase the roleRead More


Did Correlations Among Asset Classes Approach 1 During COVID-19 Crash?

Mar 22nd, 2020 | Filed under: Newly Added

Hossein Kazemi, Ph.D., CFA, Senior Advisor, CAIA Program Did correlations among asset classes approach one during COVID-19 Crash? The short answer is no. Did the benefits of diversification disappear? The short answer is no, again. During the last few weeks, several pundits have resurrected the old argument that, during increased market turbulence,Read More


Machine learning is not magic—It is just a tool!

Mar 20th, 2020 | Filed under: Newly Added, Technology, Artificial Intelligence, Machine Learning, Algorithmic and high-frequency trading, Business News, Other Topics in A.I.

Keith Black, PhD, CFA, CAIA, FDP, Managing Director of Content Strategy, CAIA Association “Building your dream has to start now There’s no other road to take You won’t make a mistake I’ll be guiding you You have to believe we are magic Nothin’ can stand in our way” – OliviaRead More


Be Direct with Me, Please!

Mar 19th, 2020 | Filed under: Newly Added, Private Equity, Institutional Investing, Venture capital, Equity Types of Private Equity, High-net-worth investors, Endowments & Foundations, Private Investments, Family Offices

By Aaron Filbeck, CAIA, CFA, CIPM Associate Director, Content Development at CAIA Association Original Article: “Direct Investments” by Paul Kenny, AIAR Volume 8, Issue 3 Viewpoint Author: Aaron Filbeck, CFA, CAIA, CIPM Excerpted from the Alternative Investment Analyst Review, Volume 8, Issue 3 The Alternative Investment Analyst Review is theRead More


‘Access to private capital benefits should not require premier status’

Mar 19th, 2020 | Filed under: Newly Added, Asset allocation, Asset Allocation Models, Institutional Asset Management

John Bowman, CFA, Senior Managing Director at CAIA Association “If the devil can quote Scripture, in his spare time he might be working on private capital return methodology.” So uttered Bill Elfers in 1995, founder of Greylock Capital and arguably modern venture capital itself. Eleven years later in 2006, HowardRead More


Diversification: The Only Free 3-Course Meal?

Mar 17th, 2020 | Filed under: Newly Added, Asset allocation, Asset Allocation Models, Allocating to A.I.

By Aaron Filbeck, CAIA, CFA, CIPM | Associate Director, Content Development at CAIA Association Depending on the day this blogpost is published, equity markets could be up 10% or down 10%. I guess timing blogposts is just as hard as timing the market these days. We often refer to diversificationRead More


Artificial Intelligence and the Cambrian Explosion

Mar 17th, 2020 | Filed under: Newly Added, Machine Learning, Algorithmic and high-frequency trading, The A.I. Industry, Business News, Other Topics in A.I.

Three scholars affiliated with University College London have posted a paper on the dangers that increasingly sophisticated algorithms pose for markets, employing a fascinating analogy from paleontology. But we begin with their big picture. The authors are concerned that in the near future an “ecology of trading algorithms across differentRead More


ESG ETFs: A Warning About Opacity

Mar 15th, 2020 | Filed under: Newly Added, ESG, The A.I. Industry, Liquid Alternative Investiments, Liquid Alts, ETFs, Other Topics in A.I.

A recent paper by two legal scholars warns of the absence of transparency, of the opacity, that investors may face in ESG funds and ESG exchange-traded funds. “Buyer Beware: Variation and Opacity in ESG ad ESG Index Funds,” is the work of Dana Brackman Reiser and Anne M. Tucker, whoRead More


Diversification Strikes Back!

Mar 13th, 2020 | Filed under: Newly Added, Real Estate, Private Equity, Hedge Fund Strategies, Asset allocation, Hedge Funds, Asset Allocation Models, Institutional Asset Management, Private Investments, Real Estate Equity Investments, Risk Management Strategies & Processes, Real Assets, Allocating to A.I.

By Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development at CAIA Association, and Keith Black, PhD, CFA, CAIA, FDP, Managing Director, Content Strategy at CAIA Association “Diversification is back” – now that’s not a phrase we’ve heard in a long time…long time. Considering recent market performance, we thought thatRead More


Positioning for Late Cycle with Defensive Equity

Mar 12th, 2020 | Filed under: Newly Added, Allocating to A.I.

By Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development at CAIA Association Excerpted from the Alternative Investment Analyst Review, Volume 8, Issue 2 The Alternative Investment Analyst Review is the official publication of the CAIA Association. Access to the most current issue is an exclusive benefit of CAIA MembershipRead More


Are there any ‘real’ ESG unicorns?

Mar 10th, 2020 | Filed under: Newly Added, ESG, Private Equity, The A.I. Industry, Debt Types of Private Equity, Venture capital, Equity Types of Private Equity, Private Investments, Other Topics in A.I.

Unicorns (privately owned start-ups with a valuation of at least $1 billion) have long been the great sought-after beasts of the VC and PE worlds. But are they good for the planet? The unicorn boom was driven by the combination of easy credit and old-fashioned hype, combined with the wayRead More


(SH)Elijah

Mar 9th, 2020 | Filed under: Newly Added, What about beta?

By Bill Kelly, CEO, CAIA Association You don’t really need to be a Talmud scholar to know about the mission and purpose of the prophet Elijah. A fixture of the Passover Seder, he is always accorded an empty seat at the table, replete with an extra cup and a remainingRead More


3 Threats to Hedge Funds

Mar 8th, 2020 | Filed under: Newly Added, Hedge Fund Industry Trends, Hedge Fund Regulation, Hedge Fund Strategies, The A.I. Industry, Liquid Alternative Investiments, Regulatory Environment, Hedge Funds, Liquid Alts, Fees, Allocating to A.I.

A recent paper by a scholar at Tilburg University and a market participant at Robeco outlines the difficulties that the hedge fund industry has faced over the last decade. These problems arose, at least in part, from the democratization of alternative investing. There are three important challenges to the hedgeRead More


Are the Robots Really Taking Over?

Mar 5th, 2020 | Filed under: Newly Added, Technology, Fintech, Artificial Intelligence, Machine Learning, Hedge Funds, Asset Allocation Models, Allocating to A.I., Other Topics in A.I.

By Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development at CAIA Association Excerpted from the Alternative Investment Analyst Review, Volume 8, Issue 3 The Alternative Investment Analyst Review is the official publication of the CAIA Association.  Access to the most current issue is an exclusive benefit of CAIA Membership whileRead More


A Walk Through the Forest with Joe Simonian

Mar 4th, 2020 | Filed under: Newly Added, Technology, Artificial Intelligence, Machine Learning, Other Topics in A.I.

What Does Machine Learning Have to do with Fama and French? By Keith Black, PhD, CFA, CAIA, FDP, Managing Director, CAIA Association “I went to the woods because I wished to live deliberately, to front only the essential facts of life, and see if I could not learn what itRead More


Tech M&A Market: Demanding Sellers, Fewer Buyers

Mar 3rd, 2020 | Filed under: Newly Added, Private Equity, The A.I. Industry, Venture capital, Equity Types of Private Equity, Private Investments

Corum Group, a merger and acquisitions advisor, which works with privately held technology companies, has put out its annual report, which tells us a good deal about where the action is in the tech world outside of the public markets: focusing on strategic acquirers on the one hand and privateRead More


ESG vs Low-Carbon Investing

Mar 1st, 2020 | Filed under: Newly Added, ESG, The A.I. Industry, Liquid Alternative Investiments, Liquid Alts, ETFs, Allocating to A.I., Other Topics in A.I.

By Nicolas Rabener of FactorResearch @FactorResearch INTRODUCTION Investors seeking exposure to global equities with a low carbon footprint could consider the iShares MSCI ACWI Low Carbon ETF (CRBN) or SPDR MSCI ACWI Low Carbon ETF (LOWC). CRBN has $500 million of assets under management, compared with $90 million for LOWC.Read More


Real Assets ‘Inception:’ Diversification within Diversification

Feb 27th, 2020 | Filed under: Newly Added, Consultants, Real Estate, Liquid and Fixed Income Real Estate, Institutional Investing, Risk management, Asset allocation, Natural Resources and Land, Asset Allocation Models, Operationally Intensive Real Assets, Endowments & Foundations, Institutional Asset Management, Real Estate Equity Investments, Risk Management Strategies & Processes, Real Assets

By Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development at CAIA Association Excerpted from the Alternative Investment Analyst Review, Volume 8, Issue 1 The Alternative Investment Analyst Review is the official publication of the CAIA Association. Access to the most current issue is an exclusive benefit of CAIA MembershipRead More


In the room where it happens: An investigation of the potential of regulatory technology

Feb 26th, 2020 | Filed under: Newly Added, Artificial Intelligence, Machine Learning, Technology

Keith Black, PhD, CFA, CAIA, FDP, Managing Director of Content Strategy at CAIA Association Do you want to be in the room where it happens, when “The Smartest Guys in the Room”* are plotting their fraud and trying to prevent the demise of Enron? Look around at how lucky weRead More


Wall Street Tackles Sustainable Development Goals

Feb 25th, 2020 | Filed under: Newly Added, ESG, Retail Investing, The A.I. Industry, Institutional Investing, Socially responsible investing, Institutional Asset Management, SRI and Clean Energy, Other Topics in A.I.

In 2015 the United Nations defined 17 Sustainable Development Goals [no poverty, no hunger, health & well-being, etc.] along with 169 targets that were devised to allow for quantitative measurement of progress. It also set 2030 as the bull’s eye for the attainment of the goals. Since governments alone areRead More


Avoiding Silver Bullets

Feb 24th, 2020 | Filed under: Newly Added, What about beta?, Retail Investing, Liquid Alternative Investiments, Hedge Funds, Liquid Alts, Smart Beta, Allocating to A.I., Other Topics in A.I.

By Aaron Filbeck, CFA, CAIA, CIPM – Associate Director, Content Development at CAIA Association Whether it’s that some retail versions of alternative investments have not lived up to their private counterparts, or that retail investors may be last in the buffet line for private placements, there are several arguments againstRead More


Alpha Comes in Waves

Feb 20th, 2020 | Filed under: Newly Added, Retail Investing, The A.I. Industry, Liquid Alternative Investiments, Alternative Beta & Hedge Fund Replication, Hedge Funds, Commodities, Smart Beta, Structure of the Hedge Funds Industry, Allocating to A.I.

The brief history of replication funds may already be divided into three waves, the third of which is still in formation. The first wave was about democratization: putting hedge fund strategies in the hands of people who cannot meet the accreditation requirements to invest in hedge funds proper, or ofRead More


The Future of Hedge Fund Fees

Feb 18th, 2020 | Filed under: Newly Added, Hedge Fund Industry Trends, Consultants, The A.I. Industry, Institutional Investing, Hedge Funds, High-net-worth investors, Endowments & Foundations, Institutional Asset Management, Fees, Family Offices, Structure of the Hedge Funds Industry

We can, in a speculative mood, ask ourselves, “Will hedge fund fees continue to drop or have they reached an equilibrium after the decline of recent years?” But it would be better to ask instead “whose fees?” For talk of the “average” fee hides the fact that discounting for volume,Read More


Big Data is a Big Deal

Feb 17th, 2020 | Filed under: Newly Added, Machine Learning, The A.I. Industry

By Keith Black, PhD, CFA, CAIA, FDP, Managing Director of Content Strategy, CAIA Association CAIA’s second webinar starring the authors of papers that are required readings for the FDP exam featured Gene Getman, CAIA, a client portfolio manager and product specialist for Lombard Odier Investment Managers. He detailed how LombardRead More


Making Your Portfolio About #Goals

Feb 13th, 2020 | Filed under: Newly Added, Performance, Analytics & Metrics, Retail Investing, The A.I. Industry, Institutional Investing, Asset allocation, Benchmarking & Performance Attribution, Hedge Funds, High-net-worth investors, Asset Allocation Models, Commodities, Endowments & Foundations, Institutional Asset Management, Private Investments, Real Estate Equity Investments, Family Offices

By Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development at CAIA Association Central Issue of the Paper If you’re a social media junkie, you have probably seen “#goals” in your timeline. In most cases, the hashtag is referring to an attractive couple or an aesthetically pleasing plate of food.Read More


The Perils of Late-Cycle Investing

Feb 11th, 2020 | Filed under: Newly Added, Hedge Fund Industry Trends, Private Equity, The A.I. Industry, Debt Types of Private Equity, Hedge Funds, Equity Types of Private Equity, Credit Derivatives, Other Issues in Private Investments, Alternative Investments in Context, Private Investments, Structured Credit Products, Structured Products

It is widely believed that much of the world is now experiencing the late stages of a bull market. There will be a downturn because no tree grows to the sky. Forecasting the nature and severity of the coming downturn is tricky, but perhaps that is not the right question.Read More


Lessons from CAIS 2020

Feb 11th, 2020 | Filed under: Newly Added, Artificial Intelligence, ESG, Debt Types of Private Equity, Institutional Investing, Socially responsible investing, Hedge Funds, Equity Types of Private Equity, Personalities in AI, Alternative Investments in Context, Economics, Climate change, Institutional Asset Management, Private Investments, SRI and Clean Energy, Macroeconomics, Allocating to A.I., Other Topics in A.I.

John Bowman, CFA, Senior Managing Director at CAIA Association “You’re a kite dancing in a hurricane, Mr. Bond.” (Mr. White to 007, Spectre) Despite the crystal blue island water, softly rolling Caribbean tide, and perfect skies outside the hotel all week, I opened my conference wrap-up panel reminding delegates forRead More


Climate: The ‘OUR’ Between Dog and Wolf

Feb 10th, 2020 | Filed under: Newly Added, What about beta?, ESG, Media Coverage of Hedge Funds, Institutional Investing, Socially responsible investing, Hedge Funds, The Global Economy & Currencies, Alternative Investments in Context, Economics, Climate change, Institutional Asset Management, Private Investments, SRI and Clean Energy, Macroeconomics, Finance & Economics, Other Topics in A.I.

By Bill Kelly, CEO, CAIA Association While this week’s post may harken to a certain book written by John Coates, there is a different play on the metaphor at work here, with our wheezing planet spinning in the center. Consider the wolf: powerful, aggressive, and risk-seeking. The wolf is alsoRead More


Biofuels and Deforestation: A CSR/ESG Cautionary Tale

Feb 9th, 2020 | Filed under: Newly Added, ESG, The A.I. Industry, Alternative energy, Commodities, Energy, Climate change, SRI and Clean Energy, Other Topics in A.I.

The Republic of France, in March 2019, decided that it would no longer consider fuel made from palm oil to be a “biofuel,” effective as of January 2020. So that  redefinition is now in effect. Meanwhile, the EU recently set tariffs on palm oil coming in from Indonesia or Malaysia:Read More


Beyond the Meat; Beyond the Traditional

Feb 6th, 2020 | Filed under: Newly Added, ESG, Private Equity, Hedge Funds, Equity Types of Private Equity, Private Investments, Allocating to A.I., Other Topics in A.I.

By Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development at CAIA Association Building the Burger I love when our industry uses analogies to describe investment concepts, so I must applaud one of the introductory pieces to JPMorgan’s 2020 Global Alternatives Outlook. In their introduction to the report, the authorsRead More


The Case for ESG as a Performance Additive

Feb 4th, 2020 | Filed under: Newly Added, ESG, Retail Investing, The A.I. Industry, Institutional Investing, Institutional Asset Management, Other Topics in A.I.

Sustainability-sensitive investing has a net positive impact on performance, according to a paper released by Robeco. According to the paper written by Chris Berkouwer, a Robeco equity analyst, ESG was responsible for 20% of the outperformance of a Robeco fund over a period of three years. His findings are presentedRead More


Alternative Data: A Road to Alpha

Feb 2nd, 2020 | Filed under: Newly Added, Technology, Fintech, Artificial Intelligence, Machine Learning, Hedge Fund Industry Trends, Real Estate, Private Equity, The A.I. Industry, Hedge Funds, Private Investments, Real Estate Equity Investments, Allocating to A.I., Other Topics in A.I.

Investment management firms are increasingly hard-pressed to hedge away risks, increase alpha, and lower costs: a daunting agenda. One way of going about that is by knowing what is going on in the underlying markets more quickly than the competitors and counterparties do.  To that end: alternative data. Investment firms,Read More


A Conversation with the Institute of Business Ethics

Jan 30th, 2020 | Filed under: Newly Added, Technology, Artificial Intelligence, Machine Learning, The A.I. Industry, Other Topics in A.I.

By Keith Black, PhD, CFA, CAIA, FDP | Managing Director, Content Strategy at CAIA Association Recently, CAIA Association sat down for a conversation with Guen Donde, the Head of Research for the Institute of Business Ethics (IBE).  Life moves pretty fast in the world of GDPR, big data, and artificialRead More


Introducing CAIA Alternative Viewpoints

Jan 30th, 2020 | Filed under: Newly Added, The A.I. Industry

Dear Reader, Welcome to CAIA Alternative Viewpoints. For those who have been following CAIA Association’s website, or any of our industry commentary on social media, the title “Viewpoints” should look very familiar. From its inception, Viewpoints have served as a way for investment professionals to quickly digest the primary conceptRead More


Taleb: What Size Tail Does the Smart Money Bet On?

Jan 28th, 2020 | Filed under: Newly Added, Machine Learning, The A.I. Industry, Financial Economics Theory, Risk management, Behavioral finance, Risk Management Strategies & Processes, Finance & Economics, Other Topics in A.I.

Statistician/philosopher Nassim Nicholas Taleb critiques “behavioral” economics and finance as he looks at the differences between “binary forecasts” and “real world payoffs,” in a recent paper for the International Journal of Forecasting. Much of the argument will be familiar to those who have some acquaintance with Taleb’s work as itRead More


Leery Funk’s Open Letter to Sovereign Leaders

Jan 27th, 2020 | Filed under: Newly Added, What about beta?, Consultants, Retail Investing, Private Equity, Institutional Investing, The Global Economy & Currencies, Alternative Investments in Context, Endowments & Foundations, Economics, Climate change, Institutional Asset Management, Private Investments, Macroeconomics, Finance & Economics

By Bill Kelly, CAIA Association CEO In the interest of brevity, I am going to skip the salutation and get right to the heart of the matter. As my name implies, I am Leery of the lofty promises that depend on solving our long-term problems and I do remain inRead More


SASB + TCFD = Common ESG Disclosure Standards?

Jan 26th, 2020 | Filed under: Newly Added, ESG, The A.I. Industry, Institutional Investing, Risk management, Climate change, Institutional Asset Management, Risk Management Strategies & Processes, Macroeconomics, Risk Management & Operations, Other Topics in A.I.

The Sustainability Accounting Standards Board (SASB), a non-profit organization has developed industry-specific standards across environmental, social, and governance topics, working toward a consensus on the sorts of disclosures that the issuers of securities should and will make to their investors. In November 2018, SASB released complete standards for 77 industries.Read More


CAIA Alternative Viewpoint: Risk Parity

Jan 23rd, 2020 | Filed under: Newly Added, The A.I. Industry, Risk management, Risk Metrics and Measurement, Risk Management Strategies & Processes

Mean variance optimization (MVO) is a simple, yet well-regarded asset allocation technique designed to create a portfolio that maximizes it’s expected level of return for a given level of standard deviation. Many institutions construct diversified portfolios using this simple technique, attempting to maximize their risk-adjusted returns. While popular with manyRead More


False Positives and Machine Learning

Jan 23rd, 2020 | Filed under: Newly Added, Alternative data, Technology, Fintech, Artificial Intelligence, Machine Learning, CTA, The A.I. Industry, Risk management, Hedge Funds, Alternative Investments in Context, Risk Management Strategies & Processes, Other Topics in A.I.

There is a high rate of failure among quant funds. These include smart beta, factor investing, statistical arbitrage, and CTAs. Such false positive strategies are a widespread industry problem. Since psychiatrists have long traded on the ability of the human mind to find an elaborate narrative in a random inkRead More


Hope May Not Be a Strategy…But Neither is a 60/40

Jan 21st, 2020 | Filed under: Newly Added, What about beta?, Consultants, Retail Investing, Alpha & Beta, Institutional Investing, Risk management, Asset allocation, Asset Allocation Models, Alternative Investments in Context, Institutional Asset Management, Risk Management Strategies & Processes, Allocating to A.I.

By Guest Contributor Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development The death of the 60/40 may be a welcome change for multi-asset investors who understand that exposure to risk premia is perhaps a far better long-term investment strategy. Diversification remains an important facet of asset allocation, but weRead More


ESG: Why the Ratings Diverge

Jan 20th, 2020 | Filed under: Newly Added, ESG, The A.I. Industry, Socially responsible investing, The Global Economy & Currencies, Business News, SRI and Clean Energy, Allocating to A.I., Other Topics in A.I.

A recent MIT Sloan research paper looks at the degree to which various environmental, social, and governance (ESG) ratings diverge and why. The paper is the work of Florian Berg and Roberto Rigobon, both of MIT Sloan, and Julian F. Kolbel, who is affiliated with the University of Zurich’s departmentRead More


Fossil Fuel: Divestment By the Numbers

Jan 16th, 2020 | Filed under: Newly Added, Private Equity, Social investing, The A.I. Industry, Debt Types of Private Equity, Venture capital, Socially responsible investing, Equity Types of Private Equity, Alternative energy, Other Issues in Private Investments, Private Investments, SRI and Clean Energy, Allocating to A.I., Finance & Economics, Other Topics in A.I.

Bill Gates, the founder of Microsoft and one of the world’s wealthiest humans, attracted a good deal of attention last fall by saying, “Divestment, to date, probably has reduced about zero tons of emissions.” He thereby put his finger on a key fault line amongst those who regard ESG investmentRead More


An Alternative View of Manager Selection Risk

Jan 16th, 2020 | Filed under: Newly Added, Performance, Analytics & Metrics, The A.I. Industry, Institutional Investing, Risk management, Asset allocation, Benchmarking & Performance Attribution, Hedge Funds, Asset Allocation Models, Other Issues in Private Investments, Risk Metrics and Measurement, Institutional Asset Management, Private Investments, Risk Management Strategies & Processes, Risk Management & Operations, Allocating to A.I.

By Aaron Filbeck, CFA, CAIA, CIPM & Hossein Kazemi, PhD, CFA, CAIA Association & CISDM This is a summary of the editor’s letter originally published in the Volume 8, Issue 4 of the Alternative Investment Analyst Review, a journal published by CAIA Association. The Problem with Studies Many studies onRead More


Icahn, HP and Xerox: The Story Remains the Same

Jan 14th, 2020 | Filed under: Newly Added, Hedge Fund Strategies, The A.I. Industry, Equity Hedge Funds, Hedge Funds, Event-Driven Hedge Funds, Business News

A long-running drama continues over Xerox’ desire to buy HP. Xerox upped the ante early in the new year, announcing that it has secured binding financing commitments in the amount of $24 million. The dispute, with long-time shareholder activist Carl Icahn at its center, shows that: (a) the corporate worldRead More


Hedge Fund Investors Respond to the Turning of the Business Cycle

Jan 13th, 2020 | Filed under: Newly Added, Hedge Fund Industry Trends, Private Equity, Hedge Fund Strategies, The A.I. Industry, Investing in Commodities, Equity Hedge Funds, Debt Types of Private Equity, Hedge Funds, Equity Types of Private Equity, Commodities, Other Issues in Private Investments, Private Investments

It is reasonable to expect that a diversified hedge fund portfolio will make more modest returns in 2020 than it did in 2019, according to Agecroft Partners, which has done its usual January crystal-ball gazing on the new year, looking for the top industry trends and how they may playRead More


How Expensive Are ESG Stocks?

Jan 12th, 2020 | Filed under: Newly Added, Social investing, The A.I. Industry, Socially responsible investing, Other Topics in A.I.

By Nicolas Rabener, FactorResearch (@FactorResearch) INTRODUCTION Europeans seem far more focused on the environment than Americans, which might be considered unusual given that both share an interest in the outdoors and have great national parks. Perhaps this is explained by Europe’s higher population density, which puts living space at aRead More


Simpler Rules for Commodity Pools

Jan 9th, 2020 | Filed under: Newly Added, The A.I. Industry, Investing in Commodities, Institutional Investing, Regulatory, Commodities, Institutional Asset Management, Family Offices

The Commodity Futures Trading Commission has changed the rules for the managers of commodity pools. The new regulations, approved in November and published in the Federal Register for Dec. 10, take effect on Thursday, January 9, 2020. Some key points about these changes: They have codified Family Office No-Action Letters,Read More