Monthly Archives: April 2022
Markets will be looking for clues from the Fed ahead, as historically strong month gets underway
(CNBC) The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The major indices were higher in March, but they turned in a weak […]
Equities see sizeable weekly inflows as BoFA warns of recession risks
(Reuters) Investors pumped in $18.9 billion into equities and $6.3 billion into bonds in the last week after weeks of outflows as BoFA strategists warned against reading too much into the recent rally in stocks. U.S. stocks (.SPX) bounced nearly […]
Long/short equity hedge funds falling out of favour with investors
(Hedgeweek) A new study based on research by SigTech and data from Preqin shows that long/short equity is the most popular strategy among fund managers, according to a report by Forbes. To read this article:
Final Judgment Against Hedge Fund Adviser Who Jury Found Liable for Securities Fraud
(HedgeCo.Net) The Securities and Exchange Commission has obtained a final judgment against a hedge fund adviser and his investment advisory firm. According to the SEC’s complaint, filed in September 2018, Gregory Lemelson and Massachusetts-based Lemelson Capital Management, LLC (“LCM”) were […]
Hedge fund managers were down -0.26% in February – recording their second consecutive month of outperformance
(Opalesque) Hedge fund managers were down -0.26% in February – recording their second consecutive month of outperformance against the S&P 500 which slipped -3.14% during the month. Nearly half of global hedge funds have posted positive returns in February while […]
The hot jobs market could mean big gains for March payrolls and wages
(CNBC) The economy is expected to have added nearly a half-million jobs in March, and wage gains also likely picked up at a hotter pace. Economists expect 490,000 payrolls were added, down from 678,000 in February, according to Dow Jones. […]
2-year Treasury yield tops 10-year rate, a ‘yield curve’ inversion that could signal a recession
(CNBC) The 2-year and 10-year Treasury yields inverted for the first time since 2019 on Thursday, sending a possible warning signal that a recession could be on the horizon. The bond market phenomenon means the rate of the 2-year note […]
GameStop shares soar more than 10% as company plans stock split
(CNBC)GameStop shares surged in extended trading Thursday after the company said it planned to implement a stock split. The video game retailer said it will seek stockholder approval at its next shareholder meeting for an increase in the number of […]
Stock futures bounce as investors assess start of new quarter, bond market recession indicator
(CNBC) Stock futures rose early Thursday as investors assessed a new quarter of trading and a troublesome bond market recession indicator. Investors were also awaiting the official jobs report for March, which the Labor Department will release at 8:30 a.m. […]
Online Tutoring Company and Its CEO Charged with Fraud
(Hedgeco.Net) The Securities and Exchange Commission today charged Students of Strength, Inc., which operated in Massachusetts and Texas, and its CEO, Rahsaan King, with raising money by making false and misleading statements to investors. King and his company have offered […]
Biden’s Plan Would Eliminate Private Equity’s Coveted Tax Break
(Bloomberg) Private equity’s most lucrative tax break is in peril once more. Included in President Joe Biden’s plan to fund an ambitious expansion in social spending, released Wednesday, is a call on Congress to abolish the preferential treatment given to […]
Man Numeric sees quant credit funds as opportunity “to go against the grain”
(Hedgeweek) Systematic hedge funds are increasingly well placed to tap into inefficiencies within credit assets – a market often seen as unworkable for most computer-based strategies, credit heads at Man Numeric say. To read this article:
