Monthly Archives: June 2021
Fee structures in the spotlight: What start-up hedge funds need to know
(Hedgeweek) Start-up hedge funds’ success or failure often hinges on how managers build fee structures and foster investor relationships during the perennially tricky launch process, which industry participants warn can be frustrating, expensive and time-consuming. To read this article:
Fed shift causes rally in value stocks to wobble
(Reuters)The Federal Reserve’s hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a hit in recent days after ripping higher for most of the year. To read this article:
SEC Charges Investment Advisers With Cherry-Picking, Obtains Asset Freeze
(HedgeCo.Net) The Securities and Exchange Commission today announced that it has obtained an asset freeze and other emergency relief, and filed fraud charges, against a Miami-based investment professional and two investment firms for engaging in an alleged “cherry-picking” scheme in […]
Dow falls for a second day following Fed policy update, loses 210 points
(CNBC) The Dow Jones Industrial Average fell for a second day as investors digested the Federal Reserve’s latest policy update, in which it moved up its timeline for interest rate hikes and forecast higher inflation. To read this article:
Mortgage rates shoot higher after Fed Chairman Powell’s comments
(CNBC) The average rate on the popular 30-year fixed mortgage moved decidedly higher Thursday, hitting 3.25%, according to Mortgage News Daily. That is the highest rate since mid-April. To read this article:
Emerging funds outperform larger peers in 2021
(Opalesque) Hedge funds managing less than $1bn averaged gains of 1.4% in May, extending returns for the year to 8.9%. That puts smaller funds ahead of billion-dollar-plus funds, which averaged 1% in May and 6.9% for the year so far, […]
Bitcoin has 3 flaws — and that could set the stage for other alternatives, says Cornell economist
(CNBC) Bitcoin, the world’s best known cryptocurrency, has a few flaws — and that’s triggered other digital currencies to come up with more viable options, according to a professor at Cornell University. To read this article:
Fed moves up its timeline for rate hikes as inflation rises
(CNBC) The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates. However, the central bank gave no indication as to when it will […]
BlackRock and iCapital Network expand partnership to include global wealth managers
(Opalesque) iCapital Network and BlackRock announce the expansion of their existing relationship to increase accessibility to private market investments for wealth managers. The combination of BlackRock’s private market investment products and iCapital’s proven technology and solutions will streamline the operational […]
Hedge funds remain an option for some insurers, says new report
(Hedgeweek) The life/annuity and property/casualty insurance segments increased their exposures to hedge funds in 2020, leading to an overall 6 per cent increase in insurance industry investments, according to the latest AM Best report. To read this article:
Credit Suisse prepares insurance claims on Greensill Capital losses – FT
(Reuters) – Swiss bank Credit Suisse has prepared its first insurance claims on losses stemming from its $10 billion of funds tied to collapsed finance group Greensill Capital, the Financial Times reported on Wednesday. Credit Suisse is attempting to recoup […]
SEC Unveils List of Firms Using Inaccurate Information to Solicit Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced it’s updated list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 55 soliciting entities, four (4) impersonators of genuine firms, and five (5) bogus regulators. The SEC’s […]
