Monthly Archives: March 2020
Aon acquires Willis Towers Watson in all stock deal
(Opalesque) Aon plc and Willis Towers Watson have announced a definitive agreement to combine in a $30 billion all-stock transaction. Willis Towers Watson will come under the Aon banner. The combined company will have an $80 billion valuation. To read […]
Alternative managers need to adapt their fee structures in response to increasing price sensitivity
(Opalesque) Cerulli Associates’ latest report, European Alternative Investments 2020: Matching Different Demands, shows that the crowded marketplace and decreasing risk-adjusted returns are putting pressure on alternative asset managers, with investors questioning why they should pay the same fees for returns […]
Dow futures plunge almost 1,000 points as Trump speech disappoints investors
(CNBC) Futures contracts tied to the major U.S. stock indexes fell on Wednesday night after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus. Dow futures were down 1,032 points, indicating […]
Fund managers join central bankers in call for fiscal response to virus woes
(Opalesque) Fund managers are joining central bankers in the push for a fiscal response to the economic uncertainty surrounding coronavirus. Markets rebounded slightly on Tuesday, after plunging on Monday’s news that the virus had worsened in Italy and the US. […]
87% infrastructure investors say 2019 met or exceeded their expectations
(Opalesque)Infrastructure investors are pleased with recent performance, but concerns over asset pricing are pushing them further up the risk spectrum, said a report. According to Preqin, the vast majority of surveyed investors are happy with the performance of their infrastructure […]
AXA IM to incorporate Chorus hedge fund business in new alternative investment platform
(Hedgeweek) AXA Investment Managers (AXA IM) has unveiled plans to incorporate its Chorus hedge fund business into a new global alternative investment platform to be known as AXA IM Alts. To read this article:
OPIM launches Waterflow global macro fund
(Hedgeweek) Asian hedge fund platform OP Investment Management Limited (OPIM), is partnering with Waterflow Capital to launch Waterflow Fund SPC, which is Cayman-domiciled and for professional investors only. To read this article:
As S&P 500 selloff approaches 20%, what next?
(Reuters) – Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. So what? To read this article:
SEC Halts Fraudulent Offering by Florida Investment Adviser
(Hedgeco.net) The Securities and Exchange Commission obtained an asset freeze and other emergency relief against Florida-based investment adviser Kinetic Investment Group, LLC and its managing member, Michael Scott Williams, in connection with an alleged fraudulent, unregistered securities offering that raised […]
Top financial advisory firm warns clients about coronavirus ‘complacency’ in Congress
(CNBC) Financial advisory firm Signum Global Advisors, following meetings with lawmakers on Capitol Hill, has told clients not to expect a solution to coronavirus-related market turmoil to come from Washington. To read this article:
SEC Charges Additional Traders in International Insider Trading Scheme
(HedgeCo.Net) The Securities and Exchange Commission charged two traders in connection with a long running international insider trading scheme. The traders allegedly generated profits of more than $4 million trading in the securities of U.S. public companies in advance of […]
Trump vows ‘major’ steps to aid U.S. economy amid coronavirus rise
(Reuters) – President Donald Trump on Monday said he will be taking “major” steps to gird the economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday. To read […]