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This week the SEC charged cardiologist Dr. Edward Kosinski of insider trading on confidential developments during a new clinical drug trial. The Weston, Connecticut native allegedly traded in advance of two negative news announcements by Regado Biosciences, which was pursuing a drug called REG-1 for regulating clots in patients undergoing coronary angioplasty

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Greetings, 1. Let’s begin with emerging markets where Egypt will receive a $12 billion bailout from the IMF (over several installments – see story). The F/X markets are still betting on a significant devaluation – nearly 30% over the next year. Chart shows rate on a 12-month USD/EGP FX forward 2. Bloomberg points out that

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Beware the industry naysayers who proclaim hedge funds aren’t worth their salt/fees/risk/terms/etc. Sweeping generalizations may make good headlines, but they are invariably proven false by the minority that refutes them through action/statements/results/etc. Investors who take the time and effort to look under the ‘hedge fund hood’ can find real value among emerging managers who traverse the less-traveled paths of finance. Let’s take a look at five reasons why smaller managers deserve examination by investors seeking a different perspective and outcome in alternatives

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Having the proper disaster recovery systems in place help firms remain resilient in the wake of technology disruptions such as a security breaches, natural disasters or other system outages. At risk is not only the firm’s reputation and productivity, but also incalculable amounts of money that could be lost if a firm is not able to access their market data. In this video, cybersecurity leaders from ACE IT Solutions and Datto explain how to achieve real business continuity

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Traditional asset classes appear to offer uninspiring beta returns at present, and recent years’ hedge fund returns have disappointed both in magnitude and diversification benefits, likely reflecting capacity pressures associated with the concentration of AUM and inflows with larger funds. We argue that, by contrast, Emerging hedge funds offer a rich opportunity set with far fewer capacity issues where skilled managers with concrete competitive advantages in less efficient, smaller capitalization market segments can generate better, more sustainable and less correlated excess returns

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