Monthly Archives: June 2020
Investing legend Burton Malkiel on day-trading millennials and the end of the 60/40 portfolio
(Marketwatch) There aren’t many books about investing that remain relevant over 40 years after they were first published. Burton Malkiel’s A Random Walk Down Wall Street, first published in 1973 and now in its twelfth edition, is one. Malkiel’s observation […]
The era of stock buybacks could be over, economist Jim O’Neill says
(CNBC) The coronavirus pandemic has created an opportunity for governments and companies to address social and environmental goals, according to former Goldman Sachs Asset Management Chairman Jim O’Neill. O’Neill said companies could be moving into a new era of “stakeholder […]
Final Judgments Entered as to Massachusetts-Based Investment Adviser and Relief Defendants
(HedgeCo.Net) The U.S. District Court for the District of Massachusetts has entered final judgments against two relief defendants, Brad and Brian Herman, in connection with the SEC’s civil action against Massachusetts-based investment adviser Gregg Caplitz and his former advisory firm. […]
Manager due diligence in times of Covid-19
(HedgeWeek) By Patrick Ghali, managing partner and co-founder, Sussex Partners – A lively debate is currently taking place amongst allocators as to whether onsite due diligence and face-to-face meetings are still necessary given the current environment. The simple answer must […]
LoCorr’s Macro Strategies Fund reaches USD1bn in total assets
(Hedgeweek) The LoCorr Macro Strategies Fund (LFMAX, LFMCX, LFMIX), has surpassed the milestone of USD1 billion in net assets. To read this article:
Pandemic prompts 84% money managers to keep offices closed, says survey
(Opalesque) Offices remained closed for 84% of the money managers surveyed, with the vast majority of employees working remotely across essentially all firms, said a survey. According to the survey from investment consultant Callan, 41% of those managers were uncertain […]
Will the value of webinars in the hedge fund industry outlast COVID-19?
(Opalesque) By Donald A. Steinbrugge, CFA, founder and CEO, Agecroft Partners, LLC. Live conferences have consistently been popular within the hedge fund industry. However, most of the attendance has been dominated by a few high-profile industry conferences like SALT, Delivery […]
SoftBank plans to sell up to $21 billion worth of T-Mobile stock
(CNBC) SoftBank will sell up to about 198 million shares of T-Mobile stock worth about $21 billion, the telecom company announced Monday. The sale, which represents about 65% of SoftBank’s stake in T-Mobile, is part of SoftBank’s efforts to free […]
Stock futures recover after Peter Navarro clarifies that U.S.-China trade deal is not over
(CNBC) Stock futures recovered earlier losses after White House trade advisor Peter Navarro clarified that the U.S.-China trade deal is not over.As of Monday evening stateside, Dow Jones Industrial Average futures was near flat, implying a Tuesday opening gain of […]
The decline of the U.S. dollar could happen at ‘warp speed’ in the era of coronavirus, warns a prominent economist
(Marketwatch) Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp deterioration of the U.S. dollar could be a very near-term phenomenon, not an event that looms off in […]
SEC Awards Almost $700,000 to Whistleblower
(HedgeCo.Net) The Securities and Exchange Commission today announced an award of almost $700,000 to a whistleblower whose significant information helped the agency bring a successful enforcement action that resulted in the return of money to harmed investors. The whistleblower reported […]
Emergency Action Halts Brothers’ Cryptocurrency Offering Fraud
(HedgeCo.Net) The Securities and Exchange Commission has announced that it filed an emergency action and obtained a temporary restraining order and asset freeze against two Pennsylvania-based brothers and three entities they control to stop an offering fraud and the misappropriation […]