Monthly Archives: April 2020
Investors plan smaller commitments for private equity in the next 12 months
(Opalesque) Investors are planning to invest less capital in private equity in the next 12 months amid the global economic shockwaves caused by the COVID-19 pandemic, said Preqin. However, the appetite for Asia-Pacific investments continues to rise, it added. To […]
Dow futures rally more than 800 points after Gilead coronavirus drug reportedly shows effectiveness
(CNBC) U.S. stock futures surged after a report said a Gilead Sciences drug was showing effectiveness in treating the coronavirus. The move pointed to a jump for the stock market on Friday. Dow Jones Industrial Average futures were up 845 […]
SEC Awards Over $27 Million to Whistleblower
(HedgeCo.Net) The Securities and Exchange Commission today announced an award of more than $27 million to a whistleblower who alerted the agency to misconduct occurring, in part, overseas. After providing the tip to the Commission, the whistleblower provided critical investigative […]
Hedge fund Elliott says stocks could fall 50% from February highs
(Reuters) – Billionaire Paul Singer’s Elliott Management said global stocks could tumble further, ultimately losing half or more of their value from February’s high, as the world braces for the deepest recession since the 1930s-era Great Depression. To read this […]
Hedge fund Man Group says assets fell 11.5% in Q1
(Reuters) – British hedge fund manager Man Group said on Friday that its funds under management fell 11.5% to $104.2 billion in the first quarter as the novel coronavirus hit global markets. Man Group said the firm lost $10.7 billion […]
Hedge funds see USD8.1bn in outflows in February
(Hedgeweek) The hedge fund industry returned to net outflows in February with USD8.1 billion in redemptions, a reversal from January’s USD21.2 billion in inflows. To read this article:
A double recession? Economies risk debt crises after stimulus spend
(CNBC) The economic meltdown brought on by the coronavirus pandemic has governments deploying historically vast fiscal spending packages to support millions of their citizens and businesses. This spending is necessary to support economies. But the debt incurred over time could […]
US banks have an opportunity to be ‘heroes’ in the coronavirus crisis, fund manager says
(CNBC) Nick Ford, co-manager of the U.S. Opportunities Fund and U.S. Smaller Companies Fund at Premier Miton Investors, said there was a “big silver lining” for lenders, despite the pandemic piling pressure on their operations. “Bear in mind that banks […]
CTAs navigate the market selloff remarkably well, says Lyxor
(Opalesque) In the space of alternative strategies, Global Macro and Event-Driven strategies rebounded the most since March 23rd, as market conditions improved in the wake of the aggressive Federal Reserve announcements to tame risks in the financial system. Both Merger […]
Hedge fund bear Horseman mulls utilities profits squeeze as gas futures surge
(Hedgeweek) Future rises in the cost of natural gas following the recent oil price crash may squeeze utility companies’ profits, with US names potentially proving a lucrative short bet for hedge funds. To read this article:
Oh brother! Coronavirus calls split family fortunes on Wall Street
(Reuters) – After a calamitous two week plunge in stocks as the coronavirus spread globally, Ricky Sandler called into a midday CNBC show on March 16 with a brash, bullish prediction. “People are totally missing what is happening here. Every […]
Titan Advisors to assume management of Alternative Investment Group funds
(Hedgeweek) Hedge fund solutions business Titan Advisors is to assume the management of several of Alternative Investment Group’s funds with Sam Sussman, Portfolio Manager and Head of Investment Strategy at Alternative Investment Group, to join Titan and take the lead […]
