Monthly Archives: January 2021
Active-management alpha now key to hedge funds’ success, as economies emerge from Covid slump
(Hedgeweek) K2 Advisors, the hedge fund investing unit of Franklin Templeton, says active-management alpha will be critical to hedge funds’ success this year, as the global economy mounts a tentative recovery from the coronavirus pandemic. To read this article:
Avelacom survey finds growing demand from trading firms to enter new emerging markets in 2021
(Hedgeweek) A survey by Market Intelligence specialists, Acuiti, commissioned by Avelacom, a global connectivity and IT infrastructure provider for the financial services industry, has found that in their efforts to stabilise trading revenues, proprietary trading firms are overwhelmingly interested in […]
Yellen says U.S. must ‘act big’ on next coronavirus relief package
(CNBC) Janet Yellen, U.S. President-elect Joe Biden’s nominee to run the Treasury Department, will tell the Senate Finance Committee on Tuesday that the government must “act big” with its next coronavirus relief package. Biden, who will be sworn into office […]
Low-value deals dominate global venture capital investment volume in Q4 2020
(Opalesque) As low-value deals (where the investment was less than or equal to $10m) accounted for the majority of global venture capital (VC) investment volume as big-ticket, billion-dollar deals were mostly non-existent during Q4 2020. To read this article:
Hedge fund positions in crude, gasoline start to look stretched
(Reuters) Hedge funds boosted their bullish petroleum positions last week, focusing on crude and gasoline, betting on continued output restraint by OPEC+ and an early resumption in domestic business activity. But they sold middle distillates, likely reflecting concerns about a […]
World’s fourth-largest carmaker rallies on first day of trade after $52 billion merger
(CNBC) Stellantis, the product of the $52 billion merger between Fiat Chrysler Automobiles and Peugeot, was well received by European investors on its first day of trading Monday. Shares of the world’s fourth-largest carmaker by volume, created after the merger […]
The wealthy are investing like a market bubble is here, or at least near
(CNBC) If an investor with $1 million or more in the market thinks that a stock bubble is already here — or soon enough one will be coming — what is the correct response? According to a new survey from […]
Hedge fund Industry returns 3.29 per cent in December ending the year up 10.95 per cent
(Hedgeweek) The hedge fund industry posted a second consecutive positive month in December, returning 3.29 per cent according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index […]
SS&C GlobeOp Hedge Fund Performance Index returns 3.70 per cent in December
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, declined 1.67 per cent in January. To read […]
New hedge fund Honest Capital gains 88% with bets on cannabis, others
(Reuters) – Honest Capital LLC launched last year amid one of the most chaotic times in financial history, but its 88.4% returns far outpaced hedge fund peers and broad market indexes by focusing on smaller, less recognized stocks, according to […]
Prophet Capital restructures CLO hedge fund amid market rebound
(Reuters) – Prophet Capital Asset Management LP, an investor in loans and structured credit securities with $2.5 billion in assets, has restructured a hedge fund that had been rocked by March’s market turmoil, a company executive said on Friday. To […]
Wall St Week Ahead-Earnings season to test surge in regional banks stocks
(Reuters) – A blistering rally in the shares of regional banks may be tested when a spate of lenders report results in the coming week. Regional banks in the S&P 500 have surged 11% since the beginning of the year, […]