INCLUDING: US - Private firms remain bullish; US - Quant funds shrug off concerns
US – Private firms remain bullish
The New York Times has reported that despite market volatility, Asian private equity firms remain ‘bullish’, with a pool of over US$35bn awaiting investment.
Analysts quoted by the paper said that pension funds were keen to invest in private equity firms as a way of riding out the current turbulence on the markets.
US – Quant funds shrug off concerns
The Financial Times reported that Renaissance Technologies and DE Shaw, two of the largest quantitative hedge fund managers, are raising money as they shrug off concerns over the poor performance of many computer-driven funds last month.
The newspaper said investment advisers predicted widespread withdrawals from the market-neutral quant-equity sector, even though a lot of funds recovered most or all of their losses.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point