Monthly Archives: February 2021
Falcon hedge fund platform offers First Loss capital to startup fund managers
(Hedgeweek) Falcon Investment Management a multi-manager hedge fund platform, has launched its first loss program to support early-stage hedge fund managers with seed and acceleration capital. To read this article:
Global pandemic accelerated the pace of ESG investments by institutional investors
(Opalesque) The global pandemic has pushed institutional investors to amplify their efforts at ESG integration as critical risks and issues come to the fore, said a survey. According to a new survey from MSCI, which draws from a survey of […]
Fed’s Harker says inflation won’t be posing a threat anytime soon
(CNBC) Philadelphia Federal Reserve President Patrick Harker said Thursday that the central bank won’t have to worry about inflation getting in its way anytime soon. To read this article:
SEC Granted Injunction Against IIG Co-Founder
(HedgeCo.Net) Judge Denise L. Cote of the U.S. District Court for the Southern District of New York has entered a partial judgment against David Hu, the co-founder and chief investment officer of International Investment Group (IIG), a formerly registered investment […]
Charles Schwab lays off 200 more employees amid TD Ameritrade integration
(CNBC) Brokerage firm Charles Schwab said Wednesday it is laying off about 200 employees from the combined Schwab-TD Ameritrade company. This is the most recent round of layoffs, following a purge of 1,000 employees in October 2020. “We are taking […]
Loeb’s Third Point praises Intel, avoids crowded short positions
(Reuters) – Billionaire investor Daniel Loeb called Intel’s resources “unmatched” in the semiconductor industry and said his firm, Third Point, is “excited” to be a long-term investor. To read this article:
Fed Chair Powell says rates will stay low for a while, citing bleak jobs picture
(CNBC) Federal Reserve Chairman Jerome Powell on Wednesday painted a dour picture on the state of U.S. employment, saying continued aggressive policy support is needed to fix the myriad issues still facing workers. To read this article:
Blackstone-backed dating app Bumble raises $2.2 billion in U.S. IPO
(Reuters) Bumble Inc, a dating app operator backed by buyout firm Blackstone Group Inc, sold shares in its initial public offering (IPO) on Wednesday at $43 apiece above its target range, to raise $2.2 billion To read this article:
Is the convergence of liquid and illiquid alternatives really in the best interests of investors?
(Hedgeweek) I read a prediction in one of those crystal-ball gazing missives that financial firms like to put out at the start of every year. It forecast that there will be continued blurring between hedge funds and private equity. I […]
Hedge fund giant Man Group says GameStop effect here to stay
(Hedgeweek) The increasing democratisation of stock trading – and the growing impact of social media in market movements – is likely here to stay following last month’s GameStop frenzy, which could bring sweeping changes to the way hedge funds build […]
Hedge funds start the year by outperforming the global equity market led by distressed debt and event driven strategies
(Opalesque) The Eurekahedge Hedge Fund Index was up 0.37% in January 2021, outperforming the global equity market as represented by MSCI ACWI (Local) which gained 0.11% over the same period. Global equities went on a roller coaster ride this month […]
Cisco earnings report shows infrastructure platforms, its biggest business, is still struggling
(CNBC) Cisco stock tumbled 6% in extended trading on Tuesday after the company posted fiscal second-quarter earnings that showed enduring struggles in its top product segment. Still, the company’s results and quarterly guidance exceeded analysts’ estimates. To read this article:
