Monthly Archives: April 2020
Speculative bet or inflation hedge? Bitcoin in the coronavirus crisis
(Reuters) – Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance to speculative bets and bids to hedge against inflation linked to stimulus measures. To read this […]
Net sales of equity funds take a hit as Covid-19 crisis breaks out
(Opalesque) The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for February 2020. Bernard Delbecque, Senior Director for Economics and Research […]
Mixed outlook for L/S equity and short-selling, says Lyxor
(Hedgeweek) Lyxor’s L/S Equity Neutral peer group was down -2.8 per cent year-to-date, hurt by extreme trading conditions and the constituents’ average market beta of 20 per cent, according to the latest Weekly Brief by the company’s Cross Asset Research […]
U.S. taxpayers set to be major investors in the struggling airline industry
(Marketwatch) The U.S. taxpayer will be a major player in the struggling airline industry, as many carriers are set to receive government aid with conditions as they grapple with the fallout from the COVID-19 pandemic. The aid will help provide […]
Hedge Funds Suffer Largest Quarterly Withdrawals Since 2009
(Bloomberg) Investors pulled a net $33 billion from hedge funds in the first quarter, the most in more than a decade. To read this article:
Total global hedge fund capital fell below $3tn in 1Q20 for the first time since 3Q 2016
(Opalesque) Total global hedge fund capital fell below $3.0 trillion in 1Q20 for the first time since 3Q 2016, as financial market volatility surged on uncertainty and increased risks driven by the global coronavirus pandemic. Hedge fund capital declined by […]
Stock futures slip as investors digest oil turbulence, await jobless claims
(CNBC) U.S. stock futures were lower in the overnight session Wednesday as investors took a breather after the turbulence of the prior three regular sessions. Dow Jones Industrial Average futures were down 108 points, implying an opening slip of about […]
SS&C GlobeOp Forward Redemption Indicator at 3.02 per cent for April
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for April 2020 measured 3.02 per cent, up from 3.11 per cent in March. To read this article:
Another 4.3 million workers expected to have filed unemployment claims
(CNBC) Another 4.3 million workers are expected to have filed state unemployment claims last week, bringing the total number seeking benefits to over 26 million since states started shutting down in the second half of March to stop the spread […]
“All in this together”: How hedge funds are tackling cybersecurity challenges in the Covid-19 lockdown
(Hedgeweek) With the closure of non-essential workplaces during the Covid-19 pandemic shaking up the way financial services companies do business, the remote working environment is raising an assortment of operational challenges for hedge fund firms, spanning communication technology, data and […]
SEC Issues $5 Million Whistleblower Award
(HedgeCo.Net) The Securities and Exchange Commission today announced a $5 million award to a whistleblower who provided significant information that led to a successful enforcement action. The whistleblower provided critical evidence of wrongdoing, which helped save time and resources in […]
Dow futures reverse, point to opening drop of about 300 points
(CNBC) Stock futures reversed in overnight trading Monday as oil prices bounced off their lows following an unprecedented wipeout. Futures on the Dow Jones Industrial Average fell about 257 points, implying an opening drop of about 308 points. S&P 500 […]
