Monthly Archives: September 2020

(Opalesque) Lyxor Peer Groups suggest hedge fund performance was up +0.5% in August, with CTAs underperforming (-1%) and Special Situations, Directional L/S Equity, Global Macro, and L/S Credit strategies outperforming (+0.6% to +1.6%). In recent weeks, the rally in stock […]

(CNBC) The co-CIO of the world’s largest hedge fund told CNBC on Tuesday that the U.S. economy continues to need significant fiscal support in order to sustain its recovery from the coronavirus-induced devastation.  Greg Jensen of Bridgewater Associates said the […]

(CNBC) U.S. stock futures ticked slightly higher on Tuesday evening following a strong start to September for the market. Futures for the Nasdaq 100 rose by about 0.5%, while futures for the Dow and S&P 500 climbed about 0.3%. Major tech […]

(Opalesque) APAC-focused private equity & venture capital (PEVC) assets under management (AUM) have surged in recent years to a record-high $1.29tn as of December 2019, marking a staggering 34% increase from a year prior, said Preqin. “Strategies targeting generally more […]

(CNBC) The company’s shares closed up more than 6% on Tuesday. Earlier in the day Walmart’s stock hit a new 52-week high. Its market cap rose to $418 billion. To read this article:

(CNBC) President Donald Trump’s former body man went to work on Wall Street for Anthony Scaramucci after being fired from the White House just a year earlier. John McEntee, the former personal assistant who was let go in 2018 after reportedly […]

(Bloomberg) Mick Mulvaney, a Trump administration veteran who served as acting White House chief of staff, is launching a hedge fund that aims to bet on financial services stocks. To read this article:

(Opalesque) Hedge fund assets under management (AUM) have risen in the second quarter of 2020, said Preqin. In a Q1 2020 rocked by poor performance and significant investor redemptions, industry AUM dipped below $3.5tn for the first time since Q4 […]

(CNBC) Zoom Video Communications shares rose as much as 25% in extended trading on Monday after the company reported fiscal second-quarter earnings that were better than analysts had expected and raised its full-year guidance significantly. To read this article:

(CNBC) Stock futures were flat in overnight trading on Monday after Wall Street notched its fifth consecutive month of gains. Futures on the Dow Jones Industrial Average rose about 20 points. The S&P 500 futures and the Nasdaq 100 futures […]

(CNBC) The Dow is coming off its best August since “Ghostbusters” dominated the Billboard’s top 100 list 36 years ago. But it’s the next four weeks that could give investors a scare. Ally Invest’s Lindsey Bell predicts volatility will make […]