Monthly Archives: June 2020
CFTC Orders UK Company to Pay Over $490,000 for Registration and Supervision Violations
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order filing and settling charges against Gain Capital UK Limited (Gain UK) of London, England for failing to register as a retail foreign exchange dealer (RFED) and for supervision violations related […]
Stanley Druckenmiller says his 3% return as the Dow and S&P 500 soared more than 40% from March lows has ‘humbled’ him
(Marketwatch) ‘Well I’ve been humbled many times in my career, and I’m sure I’ll be many times in the future. And the last three weeks certainly fits that category.’— Stanley Druckenmiller. The famed former hedge-fund manager, who with George Soros […]
Hedge funds continue fightback, as equity managers soar amid lockdown-easing and activists seize on dislocation
(Hedgeweek) Hedge funds are continuing to recover from sharp losses suffered earlier this year, notching up positive returns for the second successive month in May as economies slowly reopen following the coronavirus lockdown, new data from Hedge Fund Research shows. […]
Passive equity strategies see the largest combined inflow quarter for the last 15 years:
(Opalesque) eVestment reports that institutional investors allocated +$49.4 bn to passive U.S. equity and +$61.2 bn to passive non-U.S. equity strategies in Q1 marking the largest combined inflow quarter since at least 2005. Traditional asset managers reported institutional assets under […]
Impact investing in private markets touches $2.1tn in AUM
(Opalesque)Impact investing in private markets could be as much as $2.1 trillion in assets under management, although only $505 billion is clearly measured for development impact and financial returns, said a report. According to IFC, a member of the World […]
S&P 500 erases its loss for the year as stocks rally on reopening optimism
(CNBC) Markets continue to climb on coronavirus recovery optimism—Five experts explain the rally. The stock market rallied once again on Monday, pushing the S&P 500 into the green for the year as the benchmark completed its wild round trip amid […]
The U.S. entered a recession in February, according to the official economic arbiter
(CNBC)The worst U.S. downturn since the Great Depression is now officially a recession, according to the National Bureau of Economic Research.Though it seemed a foregone conclusion, the NBER, the official arbiter of recessions, made the declaration Monday as the nation […]
Hedge funds extend gains in May as business reopening accelerate
(Opalesque) Hedge funds advanced in May, extending strong April gains as the reopening of businesses accelerated throughout the month, and despite historically high unemployment figures and increased uncertainty surrounding civil rights protests across major U.S. cities. The HFRI Fund Weighted […]
Investors to Receive $37 Million from SEC Settlement with Stiefel Laboratories and Charles Stiefel
(HedgeCo.Net) The Securities and Exchange Commission has announced that it has obtained final judgments that will require a former privately held dermatology products manufacturer and its former chairman and CEO to pay $37 million for the benefit of shareholders whom […]
As lockdown easing pushes markets higher, hedge funds gauge the ‘new normal’
(Hedgeweek) As global economies re-emerge from the coronavirus lockdown, Hedgeweek rounds up a range of views from across the hedge fund spectrum on how the so-called ‘new normal’ may shape investment opportunities… To read this article:
All of a sudden, people are talking about a V-shaped recovery again:
(CNBC) An astonishing pickup in payrolls during May has rekindled hopes that the economic slump may not be nearly as bad as it looked and could soon give way to an exodus of workers back to their jobs and a […]
Stock futures point to flat opening on Monday after Wall Street’s rally last week
(CNBC) U.S. stock futures were little changed on Sunday night following last week’s sharp gains as investors were optimistic over the reopening of the economy. Dow Jones Industrial Average futures traded 52 points higher, implying a Monday opening gain of […]