Monthly Archives: February 2020
Hedge funds assets reached reached all-time high end of 2019 despite record $15.4bn net outflows in Q4
(Opalesque) Hedge fund industry assets under management (AUM) reached an all-time high at the end of 2019, with performance gains helping to offset negative capital flows and push total assets to $3.66tn, the industry has grown by 5.9% since the […]
US-based micro venture capital funds raise a record amount of capital in 2019
(Opalesque) US-based micro venture capital funds (sized at $100mn or less) had another record-breaking year in 2019, said a report. Managers of micro funds surpassed the $8.3bn raised in 2018 with $8.4bn secured through 282 fund closures, according to the […]
Global fintech investments reach $135.7bn across 2,693 deals: KPMG
(Opalesque) Global fintech investment fell short of 2018’s record year, with $137.5 billion invested across 2,693 deals in 2019 compared to $141 billion in 2018, said a report. According to the Pulse of Fintech H2, a report by KPMG, global […]
Silicon Valley investor says billionaires should stop being so sensitive
(CNBC) Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday. In a heated billionaire-versus-billionaire debate with former hedge fund manager Leon Cooperman, Palihapitiya […]
Final Judgment Against Research Analyst Who Tipped Hedge Fund Portfolio Manager
(HedgeCo.Net) A federal district court in New York has entered a final consent judgment against Sandeep Aggarwal, a former research analyst at a registered broker dealer and investment research firm. The SEC previously charged Aggarwal with insider trading for tipping […]
Hedge fund bears zero in as fresh coronavirus fears spark market mayhem
(Hedgeweek) Short-selling strategies of all stripes seem set to soar amid the ongoing market mayhem which has seen global equities take a pounding following renewed coronavirus fears. To read this article:
TraditionDATA sees rise in demand for SOFR data as trading activity increases in January
(Hedgeweek) Tradition has reported an increase in demand the for SOFR market data via its TraditionDATA offering to gain an accurate picture of market context and colour. To read this article:
To outsource or not to outsource, that is the question
(Hedgeweek) Chief Compliance Officers (CCOs) and compliance teams are facing mounting pressure as heightened levels of global regulation combine with increasing scrutiny and cost concerns. Over-burdened teams that are stretched too thinly are more likely to experience burnout and make […]
Dollar slips on caution U.S. may not be immune to epidemic
(Reuters) – The dollar was on the defensive on Wednesday as rising expectations of a U.S. rate cut and warning from U.S. health officials on a domestic coronavirus outbreak called into question the perceived relative strength of U.S. financial assets. […]
Three protection plays for ETF investors amidst US markets’ coronavirus jitters
(CNBC) U.S. stocks plunged to start the week, with the Dow Jones Industrial Average dropping over 900 points Monday after shedding as much as 1,000 points at its session lows. The move was fueled by a surge in coronavirus cases […]
Tesla Supercharges Returns of Two Asia Hedge Funds in January
(Bloomberg) Tesla Inc.’s 56% share-price rally in January supercharged the returns of a pair of Asia-based hedge funds. To read this article:
Sachem Head Builds Stake In Olin Corp, Plans Proxy Contest
(Reuters) Activist investment firm Sachem Head Capital Management has built a new stake in Olin Corporation and plans to nominate four directors, including the fund’s founder, at this year’s annual meeting. To read this article: