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Category Archives: Syndicated

Stock futures rise, extending market’s rebound from massive coronavirus sell-off

(CNBC) Stock futures climbed higher in overnight trading on Monday, continuing the market’s rebound from its deep rout triggered by the coronavirus pandemic. Futures on the Dow Jones Industrial Average rose about 170 points, pointing to an implied opening gain […]

U.S. Congress eyes next steps in coronavirus response

(Reuters) – Three days after passing a $2.2 trillion package aimed at easing the heavy economic blow of the coronavirus pandemic, the U.S. Congress was looking on Monday at additional steps it might take as the country’s death toll approached […]

American Airlines seeking up to $12 billion from aid package:

(Reuters) – American Airlines Holdings Inc (AAL.O) intends to apply for up to $12 billion in government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives said in a memo to employees on Monday. To […]

Investors split over hedge fund performance during sell-off

(Hedgeweek) Investors are divided over how their hedge fund allocations have performed during the recent market crash, a new industry survey has found. To read this article:

Prophet Capital to dissolve hedge fund amid ‘extreme volatility’

(Reuters) – Prophet Capital Asset Management LP, an investor in loans and structured credit securities hit by recent market turmoil, plans to temporarily block withdrawals from one of its hedge funds and ultimately dissolve it, according to a letter sent […]

Coronavirus lockdown: Massive surge in the use of fintech apps

(Opalesque) Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72 per cent in a week, reveals deVere Group, an independent financial advisory organisations. The sharp increase in the use of financial technology […]

Long volatility and tail risk strategies outshined their peers as equities and oil slumped in February

(Opalesque) Hedge fund managers were down 1.70% in February, reports Eurekahedge, as the development of the COVID-19 outbreak outside of Mainland China weighed on risk assets throughout the month. More than 90% of the hedge fund managers were able to […]

Investors want more predicable returns from hedge funds, says Citi Private Bank’s Michael Stein

(Hedgeweek) In the current climate, investors are looking for more defensive hedge fund strategies, capable of providing a predictable risk/return profile. To read this article:

Hedge funds trim short oil positions as prices hit crisis point

(Reuters) – Hedge funds began trimming short positions in petroleum last week as crude oil prices fell to crisis levels for some producers and refiners and traders started to anticipate shutdowns at oilfields and refineries. To read this article:

Futures reverse to turn positive as investors brace for another volatile week

(CNBC) U.S. stock futures turned around early Monday morning and edged higher in volatile trading after last week’s sharp gains, even as the number of coronavirus cases in the U.S. continues to rise at an alarming rate. Earlier, futures had […]

Covid-19 – Could crypto be the biggest winner?

(Hedgeweek) Victor Argonov, senior analyst and crypto specialist at International Investment firm, EXANTE, believes, the cryptocurrencies could ultimately benefit from the current coronavirus crisis… To read this article:

Hedge funds see increased margin calls, liquidity pressure as markets react to coronavirus

(Opalesque) The coronavirus crash has been steep and we may not be done yet according to new data. Treasury management company Hazeltree released a new research note today suggesting that hedge fund managers should prepare for increased margin calls alongside […]