Monthly Archives: April 2020
Just 7% of private markets professionals regularly work from home says new study
(Opalesque) Recent events mean a dramatic increase in working from home for almost all professions. But for most of those employed in private markets, this will be a new experience as just 7% of respondents to a new study from […]
Cashing in on credit: Managers taking bullish stance on “incredible” opportunities
(Hedgeweek) Credit-focused strategies are emerging as a key area of focus for investors, as managers rush to seize on the “incredible” opportunities being thrown up by the recent widespread market turmoil. To read this article:
Disney to furlough non-union employees at theme parks, waives annual pass fees
(CNBC) Without a clear idea of when its parks will be able to reopen, Disney announced plans to furlough non-union workers and stop collecting payments for its annual park passes. “Disney employees have received full pay and benefits during this […]
Dow futures fall more than 200 points after market posts worst first quarter on record
(CNBC) U.S. stock futures moved lower in overnight trading and pointed to declines at the open on Wednesday, following the end of the worst first quarter on record for the Dow and S&P 500 spurred by the coronavirus sell-off. Dow […]
Senators push Mnuchin to guarantee oversight of $500 billion coronavirus bailout fund
(CNBC) Leading Democratic senators on Tuesday called on Treasury Secretary Steven Mnuchin to ensure proper oversight of a $500 billion fund aimed at helping companies hit by the coronavirus’ economic fallout. The fund, which was established as part of a […]
Judgment Obtained Against Promoter Who Fraudulently Raised $3 Million for Christian Concerts
(HedgeCo.Net) A final judgment has been obtained against promoter Jeffrey E. Wall, of Freeport, Maine, and his business, The Lighthouse Events LLC. The SEC charged Wall and Lighthouse in April 2019 with operating an egregious community-based financial fraud related to […]
Pandemic fears curb stocks as markets wait on U.S. jobs test next
(Reuters) – Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of […]
Stock futures point to Thursday opening gains on Wall Street after second quarter’s rocky start
(CNBC) U.S. stock futures rose in overnight trading and pointed to gains at the open on Thursday, as markets try to rebound after kicking off the second quarter in the red. Dow futures rose 267 points, indicating a gain of […]
US Treasury yields sink as investors brace for more harrowing jobs data
(CNBC) Risk aversion from investors amid the deepening coronavirus crisis continued to plague Wall Street on Wednesday, sending the Dow 4.4% lower.U.S. jobs data will be in focus Thursday, with last week’s initial jobless claims due for publication at 8:30 […]
COVID-19 set to shake up private equity performance
(Opalesque) According to Preqin, 2018/19 vintage funds will see higher returns as a result of the pandemic, while earlier vintages will suffer. The global COVID-19 health crisis has prompted the most extreme volatility seen on financial markets in a decade. […]
CTA’s ‘positively skewed’ performance helps reduce tail risk in a diversified hedge fund portfolio
(Hedgeweek) Commodity Trading Advisers (CTAs) are one of only a few hedge fund strategies that performed well throughout the market selloffs of 2000-2002, 2008 and 1st Q of 2020. Yet, investor’s perception of the strategy is more divergent than any […]
Dow faces April test after coronavirus triggers largest-ever first-quarter fall
(Marketwatch) April will pose a crucial test for stock-market investors looking for signs that the worst of the market carnage triggered by the global COVID-19 pandemic is past, as the outbreak continues to claim lives and promises historic, near-term economic […]
