Monthly Archives: April 2020
SS&C GlobeOp Forward Redemption Indicator at 3.02 per cent for April
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for April 2020 measured 3.02 per cent, up from 3.11 per cent in March. To read this article:
Another 4.3 million workers expected to have filed unemployment claims
(CNBC) Another 4.3 million workers are expected to have filed state unemployment claims last week, bringing the total number seeking benefits to over 26 million since states started shutting down in the second half of March to stop the spread […]
“All in this together”: How hedge funds are tackling cybersecurity challenges in the Covid-19 lockdown
(Hedgeweek) With the closure of non-essential workplaces during the Covid-19 pandemic shaking up the way financial services companies do business, the remote working environment is raising an assortment of operational challenges for hedge fund firms, spanning communication technology, data and […]
SEC Issues $5 Million Whistleblower Award
(HedgeCo.Net) The Securities and Exchange Commission today announced a $5 million award to a whistleblower who provided significant information that led to a successful enforcement action. The whistleblower provided critical evidence of wrongdoing, which helped save time and resources in […]
Dow futures reverse, point to opening drop of about 300 points
(CNBC) Stock futures reversed in overnight trading Monday as oil prices bounced off their lows following an unprecedented wipeout. Futures on the Dow Jones Industrial Average fell about 257 points, implying an opening drop of about 308 points. S&P 500 […]
US Treasury releases $2.9 billion in airline support, finalizes payroll agreements
(CNBC) The U.S. Treasury Department said on Monday it has disbursed $2.9 billion in initial payroll assistance to 54 smaller passenger carrier and two major passenger airlines, while it finalized grant agreements with six major airlines. To read this article:
Study shows investors considering alternative investments in current market concerns
(Opalesque) Investors have moved on to considering future investment alternatives following the initial shock of seeing their investment portfolios decline sharply over market concerns about the coronavirus pandemic, said a study by Spectrem Group. Investors are also evaluating the performance […]
US VC deals fall for third consecutive quarter in Q1
(Opalesque) PwC MoneyTree report revealed that venture capital deal activity and funding see year over year declines while mega-rounds drive increase in funding. The pandemic is affecting regions as they are locally impacted. To read this article:
According to one database, hedge funds lost more in March than in 2008 crisis
(Opalesque) Global hedge funds recorded a larger loss in March than they did at the height of the global financial crisis, as the COVID-19 pandemic shook equity markets worldwide. To read this article:
Public Pension Allocations Could Be Upended Due to COVID-19 Pandemic
(Opalesque) – United States and United Kingdom public pensions’ over- and under-allocations to various asset classes could mean billions of dollars flowing into or out of asset classes in the near future, according to data from eVestment’s new US & […]
Hedge funds sense crude at turning point but not fuels:
(Reuters) – Hedge funds were net purchasers of petroleum futures and options for the third week running last week as managers gambled that the market has already hit its trough. Hedge funds and other money managers purchased the equivalent of […]
Dow futures dip as Wall Street takes a breather after last week’s gains
(CNBC) U.S. stock futures traded lower on Sunday night as investors weigh the latest news on the coronavirus front along with another decline in crude prices. Dow Jones Industrial Average futures slid 36 points, pointing to a Monday opening dip […]