Monthly Archives: June 2021
Hedge fund and private equity investors increasingly focusing on outcomes as ESG integration deepens
(Hedgeweek) A new report from LGT Capital Partners (LGT CP) shows that alternative investors are increasingly focusing on ESG outcomes in order to address key issues including climate change and diversity & inclusion (D&I). To read this article:
Dow, S&P 500 rise on optimism about economic recovery
(Reuters) The S&P 500 and the Dow rose on Tuesday, with the benchmark S&P 500 within 0.5% of its record high as investors cheered signs of an improving economy ahead of a week packed with major data that is expected […]
SEC Charges U.S. Promoters of $2 Billion Global Crypto Lending Securities Offering
(Hedgeco.Net) The Securities and Exchange Commission has announced that it has filed an action against five individuals alleging that they promoted a global unregistered digital asset securities offering that raised over $2 billion from retail investors. According to the SEC’s […]
Why China’s rebound is rich in alpha opportunities for hedge funds
(Hedgeweek) Chinese growth is unbalanced and plateauing, giving rise to alpha-generating opportunities in relative value plays, Lyxor Asset Management strategists describe why. To read this article:
KKR, CD&R nearing deal to buy out Cloudera
(Reuters) Private-equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) are nearing a deal to take Cloudera Inc (CLDR.N) private at a valuation of $4.7 billion, Bloomberg News reported on Monday, citing a person familiar with […]
U.S futures start month slightly lower after major indexes saw gains in May
(CNBC) Stock futures are slightly lower in overnight trading after major indexes saw gains in May. Futures on the Dow Jones Industrial Average fell 35 points, or 0.10%. S&P 500 futures shed 0.09% and Nasdaq 100 futures ticked 0.03% lower. […]
Money continues to pour into hedge funds as investor interest remains strong
(Opalesque) Investors poured another +$12.47 billion into hedge funds in April, bringing year to date (YTD) inflows to +$28.81 billion, according to the just-released April 2021 eVestment Hedge Fund Asset Flows Report. Overall hedge fund business AUM stood at $3.525 […]
Economy can handle the sharp rise in inflation, market bull Ed Yardeni predicts
(CNBC) The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy can handle it. Yardeni, who spent decades on Wall Street running investment strategy for major firms including Prudential and Deutsche Bank, […]
Teneo Capital Management sees longterm opportunities for cannabis stocks
(Opalesque) Cannabis companies have boomed in recent years as legalization efforts at the state level in the US move forward. New York and New Jersey are the most recent states to approve recreational cannabis, while still others have it in […]
CFTC Charges Chicago-Based Firm and Six Individuals in Multi-Million Dollar Options Fraud Scheme
(HedgeCo.Net) The Commodity Futures Trading Commission has filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois against Long Leaf Trading Group, Inc., its principals James A. Donelson of Aurora, Illinois, and Timothy M. […]
SEC Updates Filing Threshold to Rule 17h Reporting Requirements for Broker-Dealers
(HedgeCo.Net) The Securities and Exchange Commission has issued an order updating the filing threshold for broker-dealers’ Form 17-H filings made pursuant to Exchange Act Rules 17h-1T and Rule 17h-2T. The threshold, which had not been updated in nearly 30 years, […]
JPMorgan, Bank of America, Citi and Goldman maintain dividends post-stress tests, Wells Fargo to cut
(CNBC) Nearly all of the largest U.S. banks said Monday that they performed well enough on the Federal Reserve’s most-recent stress test to maintain their current quarterly dividend. Goldman Sachs, Bank of America, Morgan Stanley, JPMorgan Chase and Citigroup all […]
