Monthly Archives: June 2020
Stock futures rise slightly, headed for gains to finish out June
(CNBC) U.S. stock futures rose slightly in overnight trading and pointed to gains at the open on Tuesday, the final trading day of a volatile month for stocks. Dow futures rose 20 points, or 0.2%. The S&P 500 and Nasdaq-100 […]
Sovereign funds pile into venture capital investments in 2020
(Reuters) – Sovereign wealth funds have participated in $17 billion of venture capital deals so far this year, already more than the entirety of 2019, as their appetite for long-term investment appears undimmed by the coronavirus outbreak. The investments are […]
eVestment and Assette join forces on data integration for asset managers
(Hedgeweek) Investment data firm eVestment and software platform Assette have expanded their partnership to provide asset managers with an integrated data offering. To read this article:
Waratah launches liquid alternative ESG fund
(HedgeWeek) Waratah Capital Advisors has launched the firm’s second liquid alternative mutual fund, the Waratah Alternative ESG (AESG) Fund. To read this article:
US insurers’ private equity holdings continue to climb
(Opalesque) U.S. insurance companies increased their private equity holdings by nearly 10% in 2019 to $81.3 billion, marking the fourth straight year of increases. Private equity remains attractive to insurers looking to diversify their investment portfolios or increase returns in […]
Telegram to Return $1.2 Billion to Investors and Pay $18.5 Million Penalty to Settle SEC Charges
(HedgeCo.Net) The Securities and Exchange Commission has obtained court approval of settlements with Telegram Group Inc. and its wholly owned subsidiary TON Issuer Inc. to resolve charges that Telegram’s unregistered offering of digital tokens called “Grams” violated the federal securities […]
Market is entering one of the year’s toughest periods, CFRA’s Sam Stovall warns
(CNBC) The Third quarter is by far the weakest quarter, CFRA’s Sam Stovall warns. The next three months may be anything but calm. CFRA’s Sam Stovall warns the market is entering one of the toughest periods of the year. To […]
Stock futures recover as U.S. coronavirus cases surge to record levels
(CNBC) U.S. stock futures recovered from an earlier decline on Sunday night as coronavirus cases continue surging in the U.S., stoking concerns about the economic reopening and recovery. Dow Jones Industrial Average futures traded 65 points higher. S&P 500 futures […]
The stock market may face a severe bout of turbulence this week and beyond
(Marketwatch) Buckle up, Wall Street investors! The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and […]
Bank stocks surge after regulators ease Volcker Rule, JPMorgan Chase climbs 2%
(CNBC) U.S. banking regulators are about to ease restrictions created in the aftermath of the Great Recessions, a development that sent bank stocks surging Thursday.Federal Deposit Insurance Commission officials said on a call that they are loosening the restrictions from […]
Singapore Exchange to pay $128 million to fully acquire FX trading platform
(Reuters) Reuters) – Singapore Exchange Ltd (SGX) said on Monday it would pay about $128 million to buy the 80% stake it does not own in trading platform, BidFX, as it seeks to build its presence in foreign exchange futures […]
Short-sellers increase bets against Wirecard as hedge funds eye bigger pay-off from crisis-hit company’s demise
(Hedgeweek) Hedge funds are holding off from closing their short positions in crisis-hit e-payments firm Wirecard AG – with some even increasing their bets – in expectation that its share price will tumble yet again, boosting short sellers’ returns even […]
