Opalesque

"Diversification In Name Only" - why most portfolios are unprepared for the next crisis

The core takeaway is one most investors find counterintuitive. An uncorrelated strategy is not protection. Only a negatively correlated strategy is. Uncorrelated strategies neither help nor hurt ...
Opalesque

Wealth gathers pace in rapidly maturing economies

Knight Frank's 2026 Wealth Report reveals an extraordinary surge in global ultra-high-net-worth individuals (UHNWIs - those with assets exceeding $30m), with the total population rising from 551,435 ...
Opalesque

Hedge funds gain 3.74% in April, capital flows extend positive streak in May

Hedge funds delivered another solid month of gross returns in April 2026 and continued to attract fresh capital in May, according to the latest readings from SS&C Technologies Holdings, Inc. (Nasdaq: ...
Opalesque

SEC closes PHX Financial churning case: Red flags every retail investor and allocator should know

The U.S. Securities and Exchange Commission on May 12, 2026 approved a plan of distribution that will return $347,989.04 to retail customers of PHX Financial, Inc. who were harmed by a registered ...
Opalesque

Due diligence by Google: SEC charges Reign Financial and Berone Capital in $26 million scheme

As of May 12, 2026, the U.S. Securities and Exchange Commission has accused Reign Financial International, the investment adviser Berone Capital, and several individuals of orchestrating a $26 million ...
Opalesque

Opalesque Roundup: Event-Driven Records, FSB Warning, and a Korean Credit Push: hedge fund news

Hedge funds posted one of the most powerful monthly snapbacks in their history. The HFRI Event-Driven Index logged its second-best month ever, and the HFRI Fund Weighted Composite returned +4.79%, the ...
Opalesque

Navigator Global Investments to acquire Stable's $195 million portfolio of revenue-share interests in 17 alternative managers

The two firms simultaneously announced a long-term strategic partnership under which Stable will continue to manage and monitor the target portfolio on behalf of NGI. Upon closing, the assets will ...
Opalesque

Event-driven notches second-best month on record as hedge funds stage historic April rebound

Tweet; Print; Track Keywords; Matthias Knab, Opalesque for New Managers: Hedge funds did more than recover from March's losses in April - they posted one of the strongest months t ...
Opalesque

FSB warns on private credit vulnerabilities: $1.5-2.0 trillion market faces opacity, leverage and bank interlinkage risks

The Financial Stability Board (FSB) has published a report flagging significant financial stability vulnerabilities in private credit, an asset class that has expanded rapidly to an estimated $1.5-2.0 ...
Opalesque

Janus Henderson partners with Sun Hung Kai & Co. on Alternative Investment solutions

Janus Henderson Group plc (NYSE: JHG) and Hong Kong-listed Sun Hung Kai & Co. Limited (SEHK:86) have announced a strategic partnership to collaborate on alternative investment solutions, combining new ...
Opalesque

XA Investments takes over advisory role on Evanston Capital's Multi-Alpha Fund, plans conversion to daily-NAV interval fund

The transaction will expand the XAI Funds complex from three to four vehicles. XAI currently advises the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT), the XAI Madison Equity ...
Opalesque

Opalesque Roundup: Jain absorbed, Partners Group challenged, Lazard expands

Multi-manager consolidation reached a new milestone this week as Jain Global moved to return external capital and manage Millennium money exclusively, while a Grizzly Research short report rocked ...