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Here's Why 1 Investment Bank Says Blackstone Just Hit a "Major Milestone"

The Motley Fool

Blackstone (NYSE: BX) recently reached a huge milestone when it surpassed over $1 trillion in assets under management ( AUM ) in the second quarter. It became the first global alternative asset manager to hit that level and will add another notch to its belt when it joins the S&P 500 index later this month.

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Top Fund's Activity in Q1 2024

Pension Pulse

among technology exits Michael Burry’s Scion Asset Management LLC exited positions in Oracle Corp. of its assets. Market neutral funds will engage in pair trading to remove market beta. Some are large asset managers that specialize in factor investing. Two Sigma Advisers LP tacked on Walmart Inc.

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CalSTRS Leads Big-Money Charge Back To Bonds

Pension Pulse

Denitsa Tsekova of Bloomberg reports a $300 billion pension fund leads big-money charge back to bonds: When Christopher Ailman became the chief investment officer of the California State Teachers’ Retirement System back in 2000, one of every four dollars it oversaw was invested in government, corporate and mortgage debt.

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Top Funds' Activity in Q4 2023

Pension Pulse

The fund’s shareholdings of Chipotle Mexican Grill grew nearly 1,000% in the quarter, but were accompanied by sizable opposing options positions. Somewhat smaller multistrategy managers that nevertheless have wide followings are Steve Cohen’s Point72 Asset Management and Nicholas Maounis’ Verition Fund Management.

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Top Funds' Activity in Q2 2023

Pension Pulse

Top multi-strategy, event driven hedge funds and large hedge fund managers As the name implies, these hedge funds invest across a wide variety of hedge fund strategies like L/S Equity, L/S credit, global macro, convertible arbitrage, risk arbitrage, volatility arbitrage, merger arbitrage, distressed debt and statistical pair trading.

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Top Funds' Activity in Q3 2023

Pension Pulse

And by that metric, stocks are looking historically expensive, according to experts from PIMCO and GAM Asset Management. The historically low equity risk premium is a deterrent to investing in stocks, according to Julian Howard of Switzerland's GAM Asset Management. The equity risk premium is very, very narrow.

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AIMCo CEO Evan Siddall on The Hedgehog and The Fox

Pension Pulse

To remedy that, Siddall opened a Singapore office this month after hiring Kevin Bong to run it as senior managing director and chief investment strategist. Canada’s large pension funds have pulled back on some activities in China. Earlier this year, British Columbia Investment Management Corp.