Boutique asset managers say AI needs human judgement to succeed... [more]Matthias Knab, Opalesque for New Managers: Combining AI capabilities with human judgement, insight and wisdom will create a sustainable competitive advantage for asset management boutiques, according to the Group of
Active management gains ground with advisers during market turbulence... [more]Matthias Knab, Opalesque: Professional retail fund selectors in the UK are increasingly favouring active strategies against a volatile market backdrop, as advisers look for ways to help retired clients manage inflation, drawdowns and cash flow needs, according to new research commissioned by Rath
Citadel's Wellington fund rose 1.7% in October as peers slid... [more]Citadel's flagship Wellington fund gained 1.7% in October, taking its 2026 return to 15.3%, while most multistrategy rivals lost ground. Millennium fell 2.3% (+5.7% YTD), Man Group's 1783 fund lost 1.8% (+8.9%) and ExodusPoint dropped 2.4% (+1.6%). LMR (-0.8%), Dymon Asia (-1.8%), North Rock (-2.3%)
Marshall Wace funds fall as October market rout hits hedge fund returns... [more]The $80bn London-based Marshall Wace saw its Eureka strategy fall 5.4% in October, cutting its year-to-date gain to 5.3%, while its systematic Tops strategy dropped 3.6% to stand up 1.3% for the year. Hedge funds fell an average of 3% in the month according to PivotalPath, with equity strategies hit
Elliott, managing $82b, warns market's FOMO could turn to FOGO... [more]Elliott Investment Management told investors in its October letter that "nearly every alarm that portends a bear market is sounding," likening today's market to the Roaring Twenties. The firm warned that fear of missing out could quickly turn into fear of getting obliterated if AI enthusiasm and spe
Mixedbread's Aamir Shakir says better search took a hedge fund's AI agent from 36% to 98% accuracy... [more]Mixedbread founder Aamir Shakir says the real bottleneck for enterprise AI agents is access to data, not model intelligence. An unnamed hedge fund's agent answered correctly only 36% of the time on its own documents, as graded by human experts. After the fund switched to Mixedbread's search stack, a
Goldman data shows hedge funds cut leverage at fastest pace since March... [more]October was the first month since Goldman Sachs began tracking in 2016 in which both fundamental long-short funds (-3.5%) and systematic strategies (-3.6%) each lost more than 3%. Prime brokerage clients were the biggest net sellers of global equities in seven months, with long sales outpacing short
'Stock market has become a casino,' warns hedge fund billionaire Bill Ackman... [more]Pershing Square chairman Bill Ackman told CNBC that excessive speculative trading and leverage have turned the stock market into a casino, saying "every few days it feels like the market is broken." He said some shares trade at prices that make no sense. That could create buying opportunities for lo
Beyond performance: what institutional investors expect from Asian fund managers... [more]At a Hong Kong seminar hosted by DBS, Altura Governance and Conyers, panellists said Asian managers are held to "the exact same standard" as US and European peers, with governance, operational readiness and fund structure weighing as heavily as returns. OP Investment Management CEO Alvin Fan said a
Tower Research hired a Millennium veteran for its MFT platform after the hedge fund hired its CTO... [more]Tower Research has hired Marvin Arteaga as head of mid-frequency trading (MFT) strategies in New York. Arteaga spent 12 years at Millennium, mainly as head of algo execution technologies, and seven years before that at Bank of America. The move follows Millennium's hire of Tower CTO Alexandre Fourni
Regal Partners unveils new lead managers ahead of King's departure... [more]Regal Partners, which manages $23bn, has named new lead managers for eight portfolios ahead of co-founder Phil King's planned exit in June 2027. Mark Nathan takes over the Atlantic Absolute Return and Tasman Market Neutral funds and co-manages the flagship Australian Long Short Equity Fund with Jovi
And, finally: Gotcha!... [more]From Newsoftheweird: A group of teens lost the game of hide-and-seek they were evidently playing with police. In Ocee Florida, police were searching for seven teens connected to a vehicle burglary when a K9 unit led officers to an apartment. A search of the premises led police to a closet; they open
In an era of deepfakes, phantom fortunes, and narrative warfare, the challenge of distinguishing reality from illusion has never been more acute. For those stewarding generational wealth, the stakes are existential. This 11th edition of Horizons delves into the critical quest for clarity, offering a toolkit to navigate a world rife with deception and to build a foundation of verifiable trust.
Our journey begins with a chilling investigation into
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.
RSS
