Monthly Archives: June 2021
Money continues to pour into hedge funds as investor interest remains strong
(Opalesque) Investors poured another +$12.47 billion into hedge funds in April, bringing year to date (YTD) inflows to +$28.81 billion, according to the just-released April 2021 eVestment Hedge Fund Asset Flows Report. Overall hedge fund business AUM stood at $3.525 […]
Economy can handle the sharp rise in inflation, market bull Ed Yardeni predicts
(CNBC) The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy can handle it. Yardeni, who spent decades on Wall Street running investment strategy for major firms including Prudential and Deutsche Bank, […]
Teneo Capital Management sees longterm opportunities for cannabis stocks
(Opalesque) Cannabis companies have boomed in recent years as legalization efforts at the state level in the US move forward. New York and New Jersey are the most recent states to approve recreational cannabis, while still others have it in […]
CFTC Charges Chicago-Based Firm and Six Individuals in Multi-Million Dollar Options Fraud Scheme
(HedgeCo.Net) The Commodity Futures Trading Commission has filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois against Long Leaf Trading Group, Inc., its principals James A. Donelson of Aurora, Illinois, and Timothy M. […]
SEC Updates Filing Threshold to Rule 17h Reporting Requirements for Broker-Dealers
(HedgeCo.Net) The Securities and Exchange Commission has issued an order updating the filing threshold for broker-dealers’ Form 17-H filings made pursuant to Exchange Act Rules 17h-1T and Rule 17h-2T. The threshold, which had not been updated in nearly 30 years, […]
JPMorgan, Bank of America, Citi and Goldman maintain dividends post-stress tests, Wells Fargo to cut
(CNBC) Nearly all of the largest U.S. banks said Monday that they performed well enough on the Federal Reserve’s most-recent stress test to maintain their current quarterly dividend. Goldman Sachs, Bank of America, Morgan Stanley, JPMorgan Chase and Citigroup all […]
Stock futures rise slightly, headed for gains to finish out June
(CNBC) U.S. stock futures rose slightly in overnight trading and pointed to gains at the open on Tuesday, the final trading day of a volatile month for stocks. Dow futures rose 20 points, or 0.2%. The S&P 500 and Nasdaq-100 […]
Sovereign funds pile into venture capital investments in 2020
(Reuters) – Sovereign wealth funds have participated in $17 billion of venture capital deals so far this year, already more than the entirety of 2019, as their appetite for long-term investment appears undimmed by the coronavirus outbreak. The investments are […]
eVestment and Assette join forces on data integration for asset managers
(Hedgeweek) Investment data firm eVestment and software platform Assette have expanded their partnership to provide asset managers with an integrated data offering. To read this article:
Waratah launches liquid alternative ESG fund
(HedgeWeek) Waratah Capital Advisors has launched the firm’s second liquid alternative mutual fund, the Waratah Alternative ESG (AESG) Fund. To read this article:
US insurers’ private equity holdings continue to climb
(Opalesque) U.S. insurance companies increased their private equity holdings by nearly 10% in 2019 to $81.3 billion, marking the fourth straight year of increases. Private equity remains attractive to insurers looking to diversify their investment portfolios or increase returns in […]
Telegram to Return $1.2 Billion to Investors and Pay $18.5 Million Penalty to Settle SEC Charges
(HedgeCo.Net) The Securities and Exchange Commission has obtained court approval of settlements with Telegram Group Inc. and its wholly owned subsidiary TON Issuer Inc. to resolve charges that Telegram’s unregistered offering of digital tokens called “Grams” violated the federal securities […]