Monthly Archives: May 2019
Stocks slide amid trade worries, Qualcomm leads tech lower
(CNBC) Stocks pulled back on Wednesday as trade worries increased while declines in Qualcomm and retailer shares also dampened market sentiment. The Dow Jones Industrial Average fell 100.72 points to 25,776.61 as Apple lagged. The S&P 500 slipped 0.3% to […]
FundRock Opens Singapore Office
(Opalesque) FundRock has opened a new branch in Singapore headed by Timothy Walkley, Managing Director – Asia Markets. Tim has been involved in the investment management industry for over 20 years with a significant experience in Asian markets. He has […]
Opalesque Exclusive: Managing Volatility in UCITS
(Opalesque) After a couple of VIX spikes earlier this month, much has been said about trade wars and global stocks. But after reaching a high of 36 on Christmas eve, the CBOE Volatility Index, aka VIX or the fear index, […]
Fed minutes could reveal what officials are thinking about a possible ‘insurance’ rate cut
(CNBC) When the Fed releases minutes of its last meeting on Wednesday afternoon, it risks sounding a bit hawkish. Going into that meeting three weeks ago, the Fed and the markets clearly held different views on whether the central bank […]
Natixis Finds Tailwinds for ESG, but a Lack of Standards Hampers Adoption
(Opalesque) More than half (56%) of investors globally, including 61% in the US, believe companies that demonstrate higher integrity will outperform, according to a new report on Environmental, Social and Governance (ESG) investment issues released today by Natixis Investment Managers. […]
Managed Futures Posted Another Positive Month in April
(Opalesque) Managed futures posted another positive month in April with a 0.85% return according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. Nine of BarclayHedge’s 10 CTA indices had gains in April. Year to date, […]
Foreign funds loosen bearish bet on big Italian banks
(Reuters) – Funds that built big short positions in Italy’s leading banks from early 2018 have lowered the size of their bets in the last few months as political worries eased, regulatory data shows. Despite a looming budget showdown between […]
SS&C GlobeOp Forward Redemption Indicator at 3.21 per cent for May
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for May 2019 measured 3.21 per cent, up from 2.51 per cent in April. To read this article:
Magnetar Capital Selects Northern Trust Hedge Fund Services for Middle and Back Office Fund Admin
(HedgeWeek) Northern Trust Hedge Fund Services (NTHFS) has been selected to provide full middle and back office fund administration services and regulatory reporting to Magnetar Capital, an Evanston, Illinois-based multi-strategy alternative asset manager with USD13.1 billion in assets under management. […]
The Most Popular Stocks for Hedge Fund Managers Are Crushing the Market
(CNBC) Sometimes following the crowd can be a profitable strategy, particularly if that crowd is composed of hedge fund managers who have been beating the market. While investing often seems like a contrarian game where going against the flow feels […]
Investors Shift $14bn to Event Driven, Asia and Emerging Markets Hedge Funds
(Opalesque) Investors redeemed an estimated $1.36bn from hedge funds in April 2019, bringing YTD flows to a negative $18.15bn, according to eVestment’s April 2019 Hedge Fund Asset Flows Report. Meanwhile, strong hedge fund performance was additive to industry assets in […]
Trump Says He Still Wants to End Carried Interest Tax Benefit
(Bloomberg) President Donald Trump, still rankled by the preferential tax treatment of investment profits at hedge funds and private equity firms, says he wants another crack at ending so-called carried interest. To read this article: