Monthly Archives: April 2020
Hedge funds look to regroup after Q1 pummelling
(Hedgeweek) Hedge funds suffered their second biggest loss on record last month, tumbling 7.25 per cent on average as the sharp economic downturn following the Covid-19 outbreak took its toll on performance. To read this article:
Eurekahedge Hedge Fund Index outperforms the MSCI AC World Index by 9.22% in March
(Opalesque) The Eurekahedge Hedge Fund Index registered its strongest outperformance relative to underlying markets since October 2008, outperforming the MSCI AC World Index by 9.22% in March. Long volatility and tail risk hedge funds topped the performance tables for Q1 […]
Billionaire investor Ray Dalio says ‘you’d be pretty crazy to hold bonds’ right now
(Marketwatch) Ray Dalio, the billionaire founder of Bridgewater Associates, the world’s largest hedge fund, offered that warning in a Bloomberg webcast on Wednesday, arguing it made no sense to hold bonds when the Federal Reserve and other major central banks […]
Dow futures turn around, point to opening gains ahead of key jobless claims data
(CNBC) Futures contracts tied to the major U.S. stock indexes recovered earlier losses and pointed to opening gains ahead of key jobless claims data. In early Thursday morning trading, Dow Jones Industrial Average futures rose 227 points, implying an opening […]
The economic data is even worse than Wall Street feared: ‘The economy is clearly in ruins here’
(CNBC) March retail sales fell 8.7%, the most ever in government data, and New York regional manufacturing activity hit an all-time low, declining to a shocking negative 78.2%. Industrial production slipped 5.4%, the largest decline since 1946, and manufacturing was […]
Former Investment Adviser Settles Fraud Action
(HedgeCo.Net) The U.S. District Court for the Southern District of New York entered a final consent judgment against International Investment Group, LLC (IIG), a former registered investment adviser, which the Securities and Exchange Commission had charged with securities fraud for […]
Survey finds 64% of institutional investors are not changing private market allocations
(Opalesque) Eaton Partners, a global capital placement agent and fund advisory firm, surveyed 107 top institutional investors in early April. They found that almost two thirds of investors are making no changes at this time to their private market allocations […]
Survey shows investment management firms are coping with the ‘new normal’ working environment
(Opalesque) Odyssey Search Partners surveyed 35 human resources managers and talent partners responsible for internal hiring at large (>$5bn in AuM) investment firms based in New York, Boston, Chicago, and San Francisco in the last couple of weeks. The survey […]
Hedge Funds Down 8.03 per cent in March, says Backstop BarclayHedge
(Hedgeweek) The hedge fund industry tracked the fates of other markets and broader economies roiled by the novel coronavirus pandemic in March, posting an 8.03 per cent loss for the month, according to the Barclay Hedge Fund Index compiled by […]
Stock futures slip as investors digest signs coronavirus pandemic is easing
(CNBC) Stock futures were lower in overnight trading following a big rally in the previous session fueled by optimism that the coronavirus outbreak is improving in the U.S. Dow futures fell, indicating a loss of about 85 points at the […]
Pandemic shows investment fund vulnerabilities, G20 watchdog says
(Reuters) – Non-bank financial firms such as investment funds have exhibited vulnerabilities during the coronavirus crisis that may need fixing to help economies recover, a global regulatory watchdog said on Tuesday. To read this article:
US airlines, Treasury Department reach agreements on billions in coronavirus aid
(CNBC) Several U.S. airlines on Tuesday said they reached agreements with the Treasury Department for billions in government grants aimed at softening the blow from the coronavirus. To read this article:
