Monthly Archives: April 2020
Tegna looks into investor claim against Standard General
(Reuters) – Tegna Inc (TGNA.N) said on Monday it was investigating an investor’s claim that the U.S. regional TV station operator should recover trading profits from its largest shareholder, hedge fund Standard General LP. To read this article:
Interactive Brokers leads the way in sanctions protection with SIX
(Hedgeweek) The Interactive Brokers Group has become one of the first brokerage companies to commit to in-depth monitoring of securities globally, following its deployment of the SIX Sanctioned Securities Monitoring Service (SSMS). To read this article:
Cantor Fitzgerald Agrees to Pay $3.2 Million to Settle Charges for Providing Deficient Blue Sheet Data
(HedgeCo.Net) Cantor Fitzgerald & Co. has agreed to pay $3.2 million to settle charges for providing the SEC with incomplete and inaccurate securities trading information known as “blue sheet data.” According to the SEC’s order, for almost five years, Cantor […]
COVID-19 update: liquidity management considerations for hedge funds
(Opalesque) Liquidity management has been a hot topic for hedge fund managers (managers) since the great financial crisis of 2008. Liquidity management will likely receive renewed focus from investors and regulators given the recent arrival of a novel coronavirus disease, […]
Stock futures point to opening losses following Monday’s sharp rebound
(CNBC) Stock futures pointed to a Tuesday opening decline in early morning trade, following a steep rebound in the previous session. Futures for the Dow Jones Industrial Average declined 81 points, pointing to a slip of about 151 points at […]
Corona Fighters – Report 1: Asset managers who delivered during the meltdown
(Opalesque) In the midst of the current market turmoil, this is the first of our regular reports on hedge fund managers who are bucking the trend.Niche-oriented strategy that avoids crowded rooms. As reported last month, this manager has done well […]
Investors should prepare for a coronavirus-induced ‘vicious spiral’ twice as bad as the financial crisis, says J.P. Morgan
(Marketwatch) There is a widespread view on Wall Street that the stock market hit its lowest level of the bear market last month, and that a combination of an ebbing of the coronavirus in late spring and unprecedented fiscal and […]
CTAs enjoy solid gains during torrid month for markets
(Hedgeweek) CTA strategies posted positive returns during March as markets were roiled during the sustained economic turbulence, new data from Société Générale shows. To read this article:
Individual investors have $1.5 trillion of cash on the sidelines, J.P. Morgan says. What next?
(Marketwatch) Individual investors have stopped panicking, and they may even start putting their money to work, according to an analysis by JPMorgan Chase & Co. strategists. Over the past four weeks of market mayhem, taking stocks DJIA, +7.73% SPX, +7.03% […]
Coronavirus brings Boeing’s US airplane production to a halt
(CNBC) Boeing on Monday said it will suspend production of 787 Dreamliner planes in South Carolina because of the coronavirus pandemic, a move that puts all of the manufacturer’s production of commercial airplanes on hold. To read this article:
Coronavirus muddies U.S. economic data as business closures push down response rates
(Reuters) – A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in the coming months and harder to get a clearer picture of the severity […]
Wall Street star money manager says S&P 500 could plunge to 1,500
(Marketwatch) Scott Minerd, The global chief investment officer at Guggenheim Partners, in a Sunday research report, estimated that the worst may be far from over for the S&P 500 and the broader market, which is attempting to face a harsh […]
