Monthly Archives: April 2020
US Treasury releases $2.9 billion in airline support, finalizes payroll agreements
(CNBC) The U.S. Treasury Department said on Monday it has disbursed $2.9 billion in initial payroll assistance to 54 smaller passenger carrier and two major passenger airlines, while it finalized grant agreements with six major airlines. To read this article:
Study shows investors considering alternative investments in current market concerns
(Opalesque) Investors have moved on to considering future investment alternatives following the initial shock of seeing their investment portfolios decline sharply over market concerns about the coronavirus pandemic, said a study by Spectrem Group. Investors are also evaluating the performance […]
US VC deals fall for third consecutive quarter in Q1
(Opalesque) PwC MoneyTree report revealed that venture capital deal activity and funding see year over year declines while mega-rounds drive increase in funding. The pandemic is affecting regions as they are locally impacted. To read this article:
According to one database, hedge funds lost more in March than in 2008 crisis
(Opalesque) Global hedge funds recorded a larger loss in March than they did at the height of the global financial crisis, as the COVID-19 pandemic shook equity markets worldwide. To read this article:
Public Pension Allocations Could Be Upended Due to COVID-19 Pandemic
(Opalesque) – United States and United Kingdom public pensions’ over- and under-allocations to various asset classes could mean billions of dollars flowing into or out of asset classes in the near future, according to data from eVestment’s new US & […]
Hedge funds sense crude at turning point but not fuels:
(Reuters) – Hedge funds were net purchasers of petroleum futures and options for the third week running last week as managers gambled that the market has already hit its trough. Hedge funds and other money managers purchased the equivalent of […]
Dow futures dip as Wall Street takes a breather after last week’s gains
(CNBC) U.S. stock futures traded lower on Sunday night as investors weigh the latest news on the coronavirus front along with another decline in crude prices. Dow Jones Industrial Average futures slid 36 points, pointing to a Monday opening dip […]
Senate nears $370 billion deal for coronavirus small business loan programs
(CNBC) As of Sunday night, Senate Democrats and Republicans were negotiating a deal that would allocate $310 billion more into the Paycheck Protection Program, setting aside $60 billion for rural and minority groups.The remaining $60 billion would go to the […]
Man Group with $500m inflows in Q1, confirms 2019 dividend and share repurchase program
(Opalesque) British hedge fund manager Man Group, which had $117.7 billion in assets at December 31, said that it took in $500 million in new investor money in the first quarter as the novel coronavirus hit global markets. The investment […]
SEC Orders Three Self-Reporting Advisory Firms to Reimburse Investors
(HedgeCo.Net) The Securities and Exchange Commission has settled charges against two advisers that self-reported as part of the Division of Enforcement’s Share Class Selection Disclosure Initiative, and a third adviser that self-reported within months of the initiative’s self-reporting deadline. The […]
Coronavirus creates a market of ‘haves and have-nots,’ with the Dow posting its best 2-week run in 82 years
(Marketwatch) “It was the best of times, it was the worst of times…it was the spring of hope, it was the winter of despair,” to borrow from the opening lines of Charles Dickens’s “A Tale of Two Cities.” In this […]
What will the stock market look like in a post-coronavirus world? The bulls are hoping history repeats itself
(Marketwatch) The Dow Jones Industrial Average DJIA, +2.99% ended a four-week stretch Friday with a total return approaching 30%, bouncing back from its worst first-quarter performance in history. As the worst pandemic in a century continues to take its toll […]
