Category Archives: Uncategorized
Bond market sitting on a ‘powder keg,’ says ING strategist
(Marketwatch) Investors looking to recover from last week’s U.S. bond-market selloff may not get much rest. “The bond market has been sitting on a powder keg since last week. Attitude towards duration among fixed income investors has grown cautious, to […]
Equities and macro names drive Brummer multi-strategy hedge fund’s February rebound
(Hedgeweek) Brummer & Partners’ flagship multi-strategy fund has made a strong start to February, with its equities- and macro-focused managers generating strong gains that have helped the Stockholm-based outfit reverse January’s losses. To read this article:
Dow futures fall more than 200 points after Wall Street closed at record highs to end last week
(CNBC) Stock futures fell in early morning trading Monday as investors assessed the outlook for more Covid-19 relief stimulus. Futures on the Dow Jones Industrial Average fell 203 points. S&P 500 futures and Nasdaq 100 futures both traded in negative […]
ETFs start 2021 with record assets of $7.6tn
(Opalesque) Data from TrackInsight, the world’s first global Exchange-Traded Funds analysis platform, shows the global ETF market finished 2020 at a record high of $7.6 Trillion, across 6,518 ETFs. A combination of strong equity market performance coupled with accelerating investor […]
Carl Icahn sells over half his Herbalife stake for $600 million
(Reuters) Activist investor Carl Icahn has sold more than half his stake in Herbalife Nutrition back to the company for $600 million at $48.05 a share and has given up the five seats on the firm’s board held by his […]
SEC Charges Equialt Managing Director of Investments for Unlawful Sales of Securities to Elderly Retail Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against DeAndre P. Sears and MASears LLC d/b/a Picasso Group, an entity he controlled and operated, with registration violations for unlawfully selling securities of Florida-based real estate firm EquiAlt LLC to […]
Hedge funds reverse course in October with USD5.2bn in inflows
(Hedgeweek) The hedge fund industry returned to positive monthly inflows in October, bringing in USD5.2 billion in new assets for the month, having seen USD2.8 billion in redemptions in September. To read this article:
Hedge funds gain +5.92% in November, bringing YTD average returns to +6.90%
(Opalesque) The global hedge fund business has posted among the highest average monthly returns in 20 years at +5.92% during the month, bringing the year to date (YTD) average returns to +6.90%. According to eVestment November 2020 hedge fund performance […]
Top 100 hedge fund managers have 84% median proportion of AUM in global hedge funds
(Opalesque) Top 100 hedge fund managers have 84% median proportion of AUM in global hedge funds with $10.6bn median AUM, said HFM. HFM also announced it will be merging with Eurekahedge. In 2020, diversification into long only products remains the […]
Five Defendants in a Microcap Fraud Scheme Attempting to Capitalize On the Covid-19 Pandemic Ordered to Pay Over $12 Million
(HedgeCo.Net) The U.S. District Court for the District of Massachusetts entered final judgments against FFS Capital Limited, Paifang Trading Limited, Artefactor Limited, Meadow Asia Limited, and Thyme International Limited. Among other things, the judgments order these entities to pay a […]
Asset managers Dyal Capital and Owl Rock in talks for merger through SPAC
(Opalesque) Neuberger Berman’s Dyal Capital Partners is in talks to combine with the New York-based direct lending platform Owl Rock Capital Partners in a deal with a blank-check company that would value the asset managers at about $13 billion combined. […]
Stocks set to fall a second day after Trump halts stimulus talks, Dow futures fall 60 points
(CNBC) U.S. stock futures moved lower in overnight trading on Tuesday after President Donald Trump called off stimulus talks until after the November election. Dow futures fell 60 points. S&P 500 futures and Nasdaq 100 futures fell 0.3% and 0.2%, respectively. […]