Monthly Archives: February 2020
HFRI mixed in January as virus contagion fears drive volatility
(Hedgeweek) Hedge funds posted mixed performance in January, as fears of contagion related to the coronavirus drove global equity market volatility into month-end. To read this article:
Global alternative AUM on track to hit $14tn by 2023
(Opalesque) A new report showed that global alternative assets under management topped $10 trillion as of June 30 and are on track to exceed $14 trillion by 2023. To read this article:
Despite 50% drop in hedge fund and CTA launches, some see more demand for actively managed strategies
(Opalesque) Looking ahead, as investors brace for further volatility in equity markets, Preqin expects to see more demand for actively managed strategies.”And as competition intensifies, watch for further consolidation in a rapidly evolving industry,” revealed the 2020 Preqin Global Hedge […]
Brookfield raises $20bn for its infrastructure investing fund
(Opalesque) The Canadian investment giant Brookfield Asset Management said it raised US$20 billion for a massive new fund dedicated to infrastructure, exceeding its $17 billion target and the $14 billion it raised for its previous infrastructure fund, which closed in […]
Assets under management in private debt reach $812bn in 2019
(Opalesque)Assets under management (AUM) in private debt, the youngest asset class in the private capital universe, have grown consistently each year and, as of June 2019, reached a record of $812bn. Private debt is now the third-largest asset class in […]
Barren streets but bustling stock markets in virus-stricken China
(Reuters) – Shops, restaurants and cinemas may be deserted in many parts of virus-plagued China, but online trading forums, internet roadshows and analyst calls are teeming with investors who have driven up stock trading volumes to nine-month highs. To read […]
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 […]