Monthly Archives: May 2020
Scaramucci’s SkyBridge Looks to Dalio, Marks to Boost Returns
(Bloomberg) SkyBridge Capital, the investment firm founded by Anthony Scaramucci, is turning to some of the biggest names in the hedge fund industry to boost returns after its portfolio lost almost a quarter of its value this year. The firm […]
Hedge fund industry gains 5.46 per cent in April, says Backstop BarclayHedge
(CNBC) US stocks had their best month in decades in April and hedge funds sailed to a 5.46 per cent return, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index was […]
Evolution of the hedge fund industry since 2008
(Hedgeweek) Recent news headlines state that the hedge fund industry saw its highest level of redemptions during the first quarter of 2020 in over a decade, with USD33 billion leaving the industry. A more appropriate headline would have been “Hedge […]
Stock futures little changed as Wall Street tries to curb the latest wave of selling
(CNBC) U.S. stock futures were largely flat on Wednesday night after concerns over the U.S. economy and the market’s overall valuation sparked another sell-off in equities earlier in the day. Dow Jones Industrial Average futures traded 22 points higher, but […]
Cisco CEO Chuck Robbins: The future post-pandemic workplace will be based on a ‘hybrid model’
(CNBC) Cisco CEO says the future of work will be a ‘hybrid model’ Companies are adapting quickly to the new work-from-home reality and many will adopt a “hybrid model” to support both on- and off-site work environments, Cisco Systems CEO […]
CFTC Seeks to Revoke Registrations of Commodity Pool Operator and its CEO
(HedgeCo.Net) The Commodity Futures Trading Commission today filed a Notice of Intent to revoke the registrations of Phy Capital Investments, LLC (PCI), a registered commodity pool operator with its principal place of business in Miami, Florida, and its chief executive […]
Crypto hedge fund AUM grows, but new launches hinge on bitcoin prices
(Hedgeweek) Hedge funds trading cryptocurrencies doubled their assets under management last year – but returns remain volatile, with the ability to survive hinging heavily on performance, a new industry survey has found. To read this article:
CTAs and trend-following hedge fund strategies maintain momentum in April
(Opalesque) CTAs and trend-following hedge fund strategies maintained their recent impressive momentum, profiting from continued trends across commodities and bond markets, new data for April shows. Managed futures funds seized on moves in fixed income assets, while the downward trend […]
Fed says it will start buying corporate-bond ETFs on Tuesday
(Marketwatch) The Federal Reserve’s new lending facility will begin purchasing corporate bond exchange-traded funds on Tuesday, the New York Fed announced Monday evening. The Fed said most of the purchases would be in exchange-traded funds with exposure to U.S. investment-grade […]
Fed has made corporate-bond market ‘too big to fail,’ says Guggenheim’s Minerd
(Marketwatch) What does it mean when a whole financial market becomes too-big-to-fail? That is the concern from Scott Minerd of Guggenheim Partners who says the Federal Reserve’s interventions to support the market for debt issued by highly rated corporations wouldn’t […]
PayPal raises $4 billion in debt deal as business soars during pandemic
(Marketwatch) The coronavirus might be making paper money seem dirtier than ever. PayPal Holdings Inc., a digital payments platform that helps money move online, raised $4 billion in the corporate bond market on Monday, underscoring how companies that make life […]
Stocks will stage an epic rebound to all-time highs within 12 months, CFRA’s Sam Stovall predicts
(CNBC) What a difference a year may make. CFRA’s Sam Stovall believes stocks will return to all-time highs in the next 12 months. “In other bear markets going back to 1929, and the average 13 month advance was 50%,” the […]