Monthly Archives: May 2020

Wharton finance professor Jeremy Siegel is calling the end of the 40-year bull market in bonds.

(CNBC) Siegel’s declaration comes as world economies battle the coronavirus pandemic, and the Federal Reserve buys treasurys and mortgage-backed securities to keep the financial markets functioning. To read this article:

Investcorp and Tages merge absolute return businesses

(Hedgeweek) Investcorp, a global provider and manager of alternative investment products, and Tages Group (Tages), a European alternative asset management firm, have created a 50/50 joint venture (JV) by merging Investcorp’s Absolute Return Investments business (Investcorp ARI) and Tages Capital, […]

Technology transformation in investment management firms

(Hedgeweek) In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based […]

US Treasury seeks to borrow a record $3 trillion this quarter

(CNBC)Massive stimulus to support the U.S. economy through the coronavirus crisis will cause the Treasury to borrow a record $3 trillion this quarter. To read this article:

CFTC Awards More Than $2 Million to Four Whistleblowers

(HedgeCo.Net) The Commodity Futures Trading Commission has announced a whistleblower award exceeding $2 million to be shared among four whistleblowers. The CFTC granted the whistleblowers’ award applications for both a CFTC action and related actions brought by another regulator. In […]

Dow futures rise 200 points as investors focus on reopening of economy

(CNBC) Stock futures rose in early morning trading Tuesday as investors remained focused on the reopening of the U.S. economy. Futures on the Dow Jones Industrial Average climbed 202 points, implying a Tuesday opening gain of around 135 points. S&P […]

“Best of luck”: ARP CIO Jensen warns of “short attention span” amid stock market rally

(HedgeWeek) The recent equity market rally is unlikely to stave off the “devastating” economic impact of Covid-19 this year, according to Absolute Return Partners’ founder and CIO Niels Clemen Jensen. To read this article:

Hedge funds’ use of alternative data tipped to surge, new industry study finds

(HedgeWeek) More than half of hedge fund managers are now using alternative data to gain a competitive edge, according to a wide-ranging new study into alt data trends by the Alternative Investment Management Association and fund services provider SS&C. To […]

Fed says it will start buying corporate bond ETFs in early May

(Marketwatch) The Federal Reserve said it would start buying corporate bond exchange-traded funds in early May, as it offered up further details on its planned purchases of debt from U.S. businesses on Monday. Soon after, the central bank will start […]

80% of hedge funds outperformed global equity market in March

(Opalesque) In the week ending May 1st 2020, Preqin said that the Preqin All-Strategies Hedge Fund benchmark generated a loss of 10.38% in Q1 2020, all but erasing the annual gain of 10.97% made in 2019. But given that the […]

Neiman Marcus is likely just the start: Analysts expect 100,000 stores to close by 2025

(Marketwatch)Analysts forecast 100,000 stores will close by fiscal 2025, with apparel retailers the hardest hit at 24,000 closures. To read this article:

Law firm reports on how hedge funds are faring in the time of the pandemic

(Opalesque) How are hedge fund managers raising capital, launching funds, managing withdrawals, and communicating with investors these days? Apparently, the need for on-site due diligence can be a show-stopper, especially for less well-established funds. To read this article: