Monthly Archives: May 2020
How do you select a long/short equity hedge fund manager?
(Opalesque) There has recently been increased interest in long/short equity strategies after a strong relative performance in the 1st quarter of 2020 relative to equity indices and the perception that the recent sell-off and rebound in the marketplace have created […]
Trading through the turmoil: Argonaut Capital looks to maintain momentum post-lockdown
(Hedgeweek) After generating double-digit returns during the coronavirus-fuelled market downturn with short alpha bets, Argonaut Capital Partners is now building key positions in cyclical industries to take advantage of the post-lockdown recovery. To read this article:
Stock futures fall slightly as investors weigh economy reopening and US-China tensions
(CNBC) U.S. stock futures fell slightly in overnight trading and pointed to modest losses at the open on Wednesday, as investors juggled optimism about the reopening of the economy and a possible coronavirus vaccine as well as concerns about U.S.-China […]
Stocks break through a major milestone but failed to close above it on first try
(CNBC) As the stock market surges, the S&P 500 has broken 3,000, a level that potentially signals a longer uptrend for the market.The S&P broke above its 200-day moving average, a widely watched momentum indicator less than a point below […]
Congress will ‘probably’ have to pass another coronavirus stimulus bill, Mitch McConnell says
(CNBC) Congress will “probably” have to pass more legislation to mitigate the damage from the coronavirus pandemic, Senate Majority Leader Mitch McConnell said Tuesday. To read this article:
Fed should lift caps to buy as much corporate bond ETFs as it wants, says BofA
(Marketwatch) The Federal Reserve should remove ceilings on its purchases of corporate bond exchange-traded funds to deliver on market expectations that it would scoop up hundreds of billions worth of such debt to keep credit flowing to a broad spectrum […]
Dow futures surge 400 points on hopes of a coronavirus vaccine
(CNBC)Stock futures traded higher early Tuesday morning to begin a holiday-shortened week, as optimism about a potential coronavirus vaccine built.Futures on the Dow Jones Industrial Average jumped 416 points, pointing to an implied opening jump of around 429 points. S&P […]
SEC Charges Owner of Film Distribution Company with Defrauding Publicly Traded Fund
(HedgeCo.Net) The Securities and Exchange Commission has filed charges against William Sadleir, the owner of a film distribution company, for defrauding a publicly traded fund of at least $13.8 million. The SEC alleges that BlackRock Multi-Sector Income Trust (BIT), a […]
Apollo closes latest fund on $1.7bn as it expands distressed investing strategy
(Opalesque) Apollo Global Management has closed on approximately $1.75 billion in commitments for its dislocated credit offering, Apollo Accord Fund III B. Commitments for the fund were raised over approximately 8 weeks, driven by institutional demand for strategies that invest […]
Impact Investing: Green finance and achieving measurable impact
(Hedgeweek)The news that Blackrock is to advise the European Commission on how the EU could boost the growth of green finance and build the market for sustainable financial products is a welcome announcement. It is also a long overdue step […]
SFERS and RPDU top the investors list in US venture capital
(Opalesque) The five most active investors in US venture capital are pension funds. US venture capital attracts a range of investors, and almost a quarter are located outside of North America, said a study. San Francisco Employees’ Retirement System (SFERS) […]
Spectrum Equity pulls in $1.5bn for ninth fund
(Opalesque) US-based Spectrum Equity has raised a $1.5 billion new fund – Spectrum Equity IX – to invest in startups that are in their growth stage.The growth equity firm providing capital and strategic support to innovative companies said in a […]
