Monthly Archives: February 2020
Hedge funds sell oil as coronavirus stokes recession fear
(Reuters) Hedge funds were heavy sellers of petroleum last week for the third time in four weeks, amid mounting anxiety about the impact of a coronavirus outbreak on oil consumption in China. Hedge funds and other money managers sold the […]
Bass Says Virus Should Spread to China Leadership as Spat Widens
(Bloomberg) Kyle Bass took his long-time battle with China up another notch by getting into a heated spat with the influential editor-in-chief of a Communist Party-backed newspaper.The hedge fund manager suggested on Twitter that the U.S. abandon efforts to help […]
SEC Charges Texas Company and Its Principal in Multi-Million Dollar Ponzi Scheme
(HedgeCo.Net) The Securities and Exchange Commission today has announced charges against a Texas company and its principal for unlawfully selling unregistered securities in connection with the previously charged Madison Timber Properties, LLC Ponzi scheme. The SEC’s complaint, filed in federal […]
Puerto Rico bondholders, oversight board strike $35 billion debt restructuring deal
(CNBC) The federally appointed oversight board in charge of Puerto Rico’s ongoing record debt restructuring saga announced on Sunday night that they have come to terms with bondholders of around $35 billion, which accounts for nearly 50% of the bankrupt […]
How Microsoft became the market’s indispensable stock once again
(CNBC) Two decades after it first peaked as the dominant leader of a dazzling bull market, Microsoft is once again Wall Street’s indispensable stock. This is not simply about its performance or size, though it has soared to become a […]
From nice-to-have to must-have: ESG becoming central to hedge fund processes
(Hedgeweek) A growing number of investors require hedge funds to build environmental, social and governance (ESG) elements into their investment processes – with traditional risk-return metrics being overhauled to include ESG factors, a wide-ranging industry study has found. To read […]
EEX reports increased volumes across power and freight markets in January
(Hedgeweek) A total volume of 10.1 TWh was traded in EEX’s intraday power markets in January 2020, a 46 per cent increase year on year. To read this article:
HFRI mixed in January as virus contagion fears drive volatility
(Opalesque)Hedge funds posted mixed performance in January, as fears of contagion related to the coronavirus drove global equity market volatility into month-end. The HFRI Fund Weighted Composite Index posted a narrow decline of -0.19 percent for January, with declines in […]
Hedge funds using artificial intelligence/machine have more than doubled since 2016
(Opalesque) The proportion of systematic hedge funds launched in 2019 that use artificial intelligence/ machine learning (AIML) is over double the proportion in 2016 (23% vs. 10% respectively), said Preqin. To read this article:
Alternatives AUM crosses $10tn milestone despite challenging market conditions
(Opalesque) The alternatives industry has just set a new record: global assets under management (AUM) have surged to $10.31tn. According to Preqin, the industry is now well on its way to meeting Preqin’s 2018 forecast of $14tn in AUM by […]
U.S.-hedge fund Falcon Edge Capital in talks for $250 mln India-focused fund
(Reuters) American hedge fund Falcon Edge Capital, best known in India for investing in Ola and Dailyhunt among others, is in talks to raise a debut India-focused fund of $250 million, said two people aware of the matter, requesting anonymity. […]
Gold prices tick up as virus fears stoke safe-haven demand
(Reuters) – Gold prices edged up on Monday as rising concerns over the new coronavirus and its impact on global growth outweighed encouraging U.S. economic data and drove purchases of the metal. To read this article: