Monthly Archives: January 2020

Private equity firm LionRock launches into sports

(Opalesque) Hong Kong-based LionRock Capital Partners is launching a consumer/sports private equity fund in partnership with Li-Ning Company Ltd, a Chinese company which makes athletic shoes and sporting goods. Opalesque talked to Tom Pitts, head of LionRock Europe and investment […]

Integral reports average daily volumes of USD36.3bn for December 2019

(Hedgeweek) Integral, a provider of forex market technology for banks, brokers, and asset managers, has reported average daily volumes (ADV) across its platforms os USD36.3 billion in December 2019. To read this article:

Active managers turning to activism, says Headland

(Hedgeweek) Active fund managers are increasingly turning to shareholder activism as a way of protecting their investments and driving returns, according to analysis by Headland, the communications consultancy. To read this article:

INTL FCStone acquires IFCM Commodities

(Hedgeweek) INTL FCStone has acquired IFCM Commodities, a provider of commodity price risk management solutions for base metals serving clients across Germany and continental Europe, in a deal which closed on 2 January. To read this article:

SANNE appoints Country Head to lead Shanghai business

(Hedgeweek) SANNE, a provider of alternative asset and corporate business services, has appointed Jessie Meng to the role of Country Head – Shanghai. To read this article:

More than 4,000 hedge funds have been liquidated in the past five years

(Opalesque) A recent study said that the hedge funds industry is now on track to record more closures than launches for a fifth straight year, a blow to a market that once minted millionaires at a heady pace. More than […]

Longfin CEO Settles Fraud Action

(HedgeCo.Net) Longfin Corp. CEO Venkata S. Meenavalli has agreed to pay $400,000 in disgorgement and penalties to resolve the SEC’s fraud action against him. The settlement, which remains subject to court approval, concludes the SEC’s actions against Longfin, its CEO, […]

Wilshire 5000 ends 2019 with record $7.5tn annual gain, fueled by gains four quarters in a row

(Opalesque) The Wilshire 5000 Total Market Index, the original pure and complete measure of the U.S. stock market, rose 2.93 percent in December, 9.08 percent fourth quarter and 31.02 percent for the year, closing 2019 at 32,948.41. To read this […]

Big gains have not improved funded status for U.S. corporate pensions

(Opalesque) U.S. companies reaped their biggest return on pension plan assets in 16 years last year, but the funded status for corporate pensions is stagnant. A new analysis from Willis Towers Watson shows that despite a 19.8 percent average investment […]

Gold, oil soar, shares slip as U.S. and Iran rattle sabers

(Reuters) – Tensions in the Middle East after the killing of a top Iranian general by the United States pushed an index of Asian shares off an 18-month high on Monday as investors pushed safe-haven gold near a seven-year high, […]

EEX Power Derivatives Market volume up 32 per cent year-on-year in December

(Hedgeweek) The European Energy Exchange (EEX) increased the volume on the Power Derivatives Market by 32 per cent year-on-year in December 2019 to 360.3 TWh To read this article:

Fed faces new trade-offs, hunts for new model, in low-rate world

(Reuters) – An unprecedented combination of low U.S. unemployment, weak inflation and low interest rates has the U.S. Federal Reserve grappling with how to fight the next recession, as experts debate new approaches to financial regulation as well as a […]