Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 331 - 340 of 1331 results for "Hedge Fund"

Blue Sky short seller launches new fund

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
One of the men behind the US hedge fund which successfully shorted Blue Sky Alternative Investments is starting an activist investment fund of his own. Former Glaucus Research director and chief investment officer at Glaucus Investments, Soren Aandahl ...

Blue Sky revaluation sees asset prices drop

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
... In April, then-Blue Sky managing director Robert Shand resigned so as to "rebuild market confidence." At the time US hedge fund Glaucus Research had published a scathing opinion piece explaining why it was shorting the company.

Blue Sky chair steps down amid business restructure

ALEX BURKE  |  MONDAY, 7 MAY 2018
... Shand resigned so as to "rebuild market confidence." Shand presided over Blue Sky during a difficult period, where US hedge fund Glaucus Research published a scathing opinion piece explaining why it was shorting the company. Following that, Blue Sky ...

Blue Sky MD resigns

ALEX BURKE  |  MONDAY, 23 APR 2018
... company to help "rebuild market confidence." Robert Shand presided over Blue Sky during a difficult period, where US hedge fund Glaucus Research published a scathing opinion piece explaining why it was shorting the company. Since then, Blue Sky has revised ...

New manager raising $30m for crypto fund

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
A new investment manager launched by tech veterans is seeking to raise $30 million for one of Australia's first funds dedicated exclusively to cryptocurrency investments. Anti Hero Capital, whose managing partners also founded tech agency M5859, are ...

Blue Sky falls short of disclosure expectations

ALEX BURKE  |  MONDAY, 16 APR 2018
... over the long term." At the time of writing, Glaucus has yet to publish a response to these latest developments. The hedge fund had originally argued that while Blue Sky claims to have achieved a 15% internal rate of return net of fees since inception ...

Global firms build hedge fund cash service

HARRISON WORLEY  |  WEDNESDAY, 11 APR 2018
A hedge fund services firm with US$363 billion in assets under administration has partnered with a global treasury solutions provider to launch a cash management service. Cash Optimization has been co-developed by Northern Trust Hedge Fund Services ...

Glaucus defends Blue Sky allegations

ALEX BURKE  |  FRIDAY, 6 APR 2018
Hedge fund Glaucus Research Group issued a rebuttal to Blue Sky's claim that the former's initial justification for short-selling was "materially misleading." Glaucus originally said Blue Sky "compensates for its overstated AUM by charging clients egregious ...

Blue Sky hits back at hedge fund, requests ASIC intervention

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
... Alternative Investments resumed trading on the ASX and has requested ASIC investigate the accusations made by a US hedge fund - and associated short-selling - last week. Glaucus Research Group argued "Blue Sky is significantly overstating its fee earning ...

US hedge fund slams Blue Sky

ALEX BURKE  |  THURSDAY, 29 MAR 2018
A prominent US hedge fund is going short on Blue Sky Alternative Investments in light of what it perceives as exaggerations in the Australian manager's fee-earning assets under management. Glaucus Research Group argued while Blue Sky claims to have ...