Monthly Archives: September 2020

(Marketwatch) Nervous investors will be among what’s expected to be a record-breaking audience on Tuesday for the first debate between President Donald Trump But how they react is more likely to be driven by which candidate is perceived to come […]

(Hedgeweek) Cineworld, the beleaguered London-listed global cinema group long targeted by hedge fund short sellers, has been dealt a fresh blow as a result of the Covid-19 pandemic, reporting a USD1.6 billion first-half loss with revenues plummeting after theatres were […]

(CNBC) Stock market volatility, with sharp ups, downs and reversals, is likely to be the norm again in the week ahead, as investors await Friday’s jobs report and watch headlines from Washington and the presidential debate. To read this article:

(CNBC) The man in charge of building investment strategy for Wells Fargo Securities won’t put new money to work in stocks right now. Christopher Harvey believes the market is too vulnerable to another correction and a 50% surge in volatility. […]

(Bloomberg) Chicago-based Balyasny Asset Management, with about $8 billion of assets, intends to open an outpost in Miami, according to people familiar with the matter, and Bluecrest Capital Management, which has operations in New York, opened a Miami office in […]

(CNBC) U.S. stock futures rose slightly on Thursday evening as the market indexes tried to avoid a fourth consecutive week of losses. Futures for the Dow Jones Industrial Average gained about 110 points, or 0.5%. Contracts tied to the S&P 500 […]

(Reuters) Marble Ridge Capital Master Fund, a onetime unit of the hedge fund tied up in litigation with Neiman Marcus, is urging a bankruptcy judge to reject the luxury retailer’s request to effectively freeze some of the master fund’s money. […]

(CNBC) One of the main draws of the Paycheck Protection Program was the ability to have loans forgiven if the money was used as the law permitted — with 60% of the capital going to payroll and 40% to other […]

(Opalesque) After a four-month string of asset outflows from hedge funds in March through June, hedge funds continued in asset-recovery mode in August, with investors adding $7.36 billion to the industry last month, according to the just-released August 2020 eVestment […]

(Hedgeweek) Investors continued to add more money to hedge funds last month – after pouring more than USD9 billion into the industry in July – as the sector recovers from a bruising four-month run of withdrawals and allocators drift back to the […]

(CNBC) JPMorgan Chase is close to paying almost $1 billion to resolve government investigations into the alleged manipulation of metal and Treasurys markets, according to a person with knowledge of the matter. A settlement between New York-based JPMorgan and several […]