Monthly Archives: June 2020
Shift to private capital continues as investors thirst for returns
(Hedgeweek) As global investment markets became more efficient and persistent low interest rates saw returns dry up, institutional investors have been turning to alternative assets in their efforts to generate performance. Since traditional hedge fund investments have often not fully […]
SS&C GlobeOp Hedge Fund Performance Index up 3.17% in May
(Opalesque) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2020 measured 3.17%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.33% in June.”SS&C GlobeOp’s Capital Movement Index for June 2020 […]
SEC Charges Broker Who Defrauded Seniors Out of Almost $1 Million
(HedgeCo.Net) The U.S. Securities and Exchange Commission has announced charges against a Nashville, Tennessee-based securities broker for defrauding two seniors, including a World War II-era veteran, of nearly $1 million. According to the complaint, Frederick Stow acted as the veteran’s […]
Hedge-fund manager Kyle Bass under SEC scrutiny over criticism of Texas real-estate lender
(Marketwatch) Kyle Bass’s market bet against a Texas real-estate lender seemed like an astute move. Throughout 2015, the hedge-fund manager accused the lender, United Development Funding, of operating like a Ponzi scheme. Authorities opened civil and criminal investigations into UDF, […]
Hedge fund Elliott Management shifts to elephant hunting as fund size balloons
(CNBC) Until fairly recently, activist hedge fund Elliott Management’s core technology investing strategy was pretty straightforward: Target a smallish company known for selling software to businesses, agitate for a sale — sometimes by offering to buy the company — and […]
After big sell-off, stock market will be wary of virus and Fed testimony in week ahead
(CNBC) Fed Chairman Jerome Powell’s two days of Congressional testimony is a highlight in the week ahead, and markets will watch him with a wary eye after the Fed’s sober assessment of the economy spooked investors.Retail sales is the most […]
CTA hedge funds retreat further following recent May losses
(Hedgeweek) Managed futures strategies slipped deeper into the red over the past week, having already started to give back many of their early strong 2020 gains last month – but short-term trend followers appear to have weathered the recent reversal. […]
Dow futures drop more than 300 points as Wall Street set to extend last week’s sharp losses
(CNBC) Stock futures fell in overnight trading on Sunday, pointing to more losses ahead, as investors grapple with signs of a second wave of coronavirus cases amid the reopening economy. Futures on the Dow Jones Industrial Average dropped about 350 […]
Asset managers neglecting risks of biodiversity loss
(Opalesque) Report from ShareAction finds that none of the world’s 75 largest asset managers have a dedicated biodiversity policy, while many are still underplaying climate risks. The report by London based NGO pointed out that asset managers have a lot […]
Lessons learned: How luck, as well as skill, drove CTAs’ performance during the historic coronavirus sell-off
(Hedgeweek) Managed futures strategies experienced an entire year’s worth of performance dispersion during a dramatic first three months of 2020, with trend-following hedge funds’ returns hinging as much on luck as skill, a new deep-dive analysis by multi-manager CTA portfolio […]
Impact investment market reached $715bn heading into 2020
(Opalesque) The $715 billion global impact investing market, or assets devoted to investing to achieve positive social and environmental impact as well as a financial return, is maturing, driven by strong performance and better measurement said a study. To read […]
SEC Charges Microcap Fraud Scheme Participants Attempting to Capitalize on the COVID-19 Pandemic
(HedgeCo.Net) The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against five individuals and six offshore entities for an alleged fraudulent scheme that generated more than $25 million from illegal sales of multiple microcap […]