Monthly Archives: January 2021
Adrenaline-fueled rush for small caps, vaccine plays and story stocks dents passive-indexing trend
(CNBC) For years, skeptics of index investing who watched trillions pour into S&P 500 funds argued that it would probably take a prolonged bear market to undercut the dominance of the standard passive approach. Yet in recent months, an exuberant […]
Former Investment Advisor barred from association with any broker, dealer, investment adviser, municipal securities dealer.
HedgeCo.Net) The Honorable Robert Gettleman of the U.S. District Court for the Northern District of Illinois has entered a final judgment, by consent, against Kerry L. Hoffman, whom the Securities and Exchange Commission had charged with fraudulently selling securities to […]
Healthcare hedge fund Rhenman gauges “crucial” impact of Biden administration’s planned reforms
(Hedgeweek) The incoming US administration led by Joe Biden will be a “crucial” factor looming large over the healthcare industry this year, with planned reforms heralding potentially far-reaching implications for healthcare stocks and drug prices, Rhenman & Partners Asset Management […]
Neuberger Berman wraps up fourth co-investment fund above its $2bn target
(Opalesque) Neuberger Berman collected $2.1 billion-plus for its fourth fund – NB Strategic Co-Investment Partners IV. The fund, which was oversubscribed, exceeded its fundraising target, “Fund IV is backed by a global investor base that includes public and corporate pension […]
SS&C GlobeOp Hedge Fund Performance Index up 3.70% in December
(Opalesque) SS&C Technologies Holdings announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.67% in January. SS&C GlobeOp’s […]
Powell sees no interest rate hikes on the horizon as long as inflation stays low
(CNBC) Federal Reserve Chairman Jerome Powell affirmed his commitment to keeping interest rates low for the foreseeable future even as he expressed hope for a strong economic recovery. “When the time comes to raise interest rates, we’ll certainly do that, […]
Stock futures lower as Biden unveils $1.9 trillion stimulus plan
(CNBC) Stock futures were lower early Friday morning after President-elect Joe Biden announced details of a $1.9 trillion stimulus plan, one of the top agenda items when his administration begins next week. Futures contracts tied to the Dow Jones Industrial […]
Biden’s $1.9 trillion Covid relief plan calls for stimulus checks, unemployment support and more
(CNBC) President-elect Joe Biden on Thursday unveiled the details of a $1.9 trillion coronavirus rescue package designed to support households and businesses through the pandemic. The proposal, called the American Rescue Plan, includes several familiar stimulus measures in the hope […]
New Industry data reveals “significant” gulf between gains and losses among largest hedge funds
(Hedgeweek) Hedge fund managers have experienced “significant” performance dispersion over the past 12 months, with the biggest funds seeing the largest gaps between gains and losses, new industry data shows, once again underlining the importance of investor due diligence in […]
Hedge fund managers losing millions as order delays mount up
(Hedgeweek) An unprecedented number of delays when sending out orders to market is costing hedge fund managers $20 million per year, according to new research from TradingScreen. To read this article:
2020 ended on a high note for most of hedge fund industry
(Opalesque) Over 90% of reporting managers reported positive results in December, the broadest monthly measure of positive returns since at least 2011, said eVestment. Average gains of +4.00% lifted YTD average returns to +11.02%, past the level in 2019 (+10.07%) […]
US private equity investment activity totaled $708.4 bn in 2020, down 7.3% from 2019
(Opalesque) US private equity (PE) investment activity totaled $708.4 billion in 2020 (down 7.3 percent from 2019) across 5,309 separate deals (down 3.4 percent), marking the first decrease in both private equity value and number of transactions since 2009, said […]