Monthly Archives: May 2020
Dow futures fall as Wall Street struggles to recover from Thursday’s losses
(CNBC) U.S. stock futures fell early Friday morning after a decline in some major tech stocks, along with dismal employment data and rising tensions with China, pushed the market lower during regular trading. Dow Jones Industrial Average futures declined 150 […]
COVID-19 will put North American private debt to the test
(Opalesque) The 2008-9 Global Financial Crisis (GFC) was in many ways the making of the private debt industry. Funds were able to take advantage of opportunities presented by the contracting economy, and banks’ retreat from the corporate lending space helped […]
HPE loses more than $800 million as sales slump, CEO blames coronavirus ‘economic lockdowns’
(Marketwatch) Hewlett Packard Enterprise Co. shares slipped about 5% in after-hours trading Thursday after the computing giant reported fiscal second-quarter results that fell short of Wall Street estimates. To read this article:
The U.S. is in ‘relative decline’ as ‘Chinese power is rapidly rising,’ warns Ray Dalio
The days of U.S. hegemony are numbered and China is waiting in the wings, argues Ray Dalio, in his most recent missive on LinkedIn.‘As you can see the United States is now the most powerful empire by not much, it […]
IBM announces layoffs, the first under new CEO
(Marketwatch) International Business Machines Corp. is cutting an unspecified number of jobs in the first major workforce reduction under new Chief Executive Officer Arvind Krishna, who is trying to revive growth at the tech company. To read this article:
U.S.-China tensions are flaring on a new front: the financial markets
(CNBC) Already bad friction between the U.S. and China has ratcheted higher in recent weeks, and now it’s expanded onto another front: the stock market.As the coronavirus crisis draws on, the relationship has gotten more strained, with each country blaming […]
Alternatives to capture 50% of global revenues by 2024
(Opalesque) Alternatives accounted for almost half of all global asset management revenues in 2019, though the sector represents only 16% of assets under management, said a study. Alternatives continued to be among the strongest asset classes in 2019, with AuM […]
10.5% of hedge funds with double-digit returns over first four months of 2020
(Opalesque) The Eurekahedge Hedge Fund Index was up 4.03% in April – registering its best month since May 2009, supported by the robust performance of the underlying global equity market as represented by the MSCI ACWI IMI (Local) which gained […]
U.S. micro venture capital fundraising momentum significantly slows down in Q1 2020
(Opalesque) US-based micro venture capital fundraising slows in tandem with the overall market, but funds closed in Q1 2020 did so faster than recent vintages, following a record fundraising year for US-based micro venture capital funds in 2019. According to […]
Gold tipped to surge again as investors maintain appetite amid coronavirus uncertainty
(Hedgeweek) Gold prices are storming back towards their mid-April highs, with investor appetite holding up amid sustained market volatility – potentially bringing further gains for hedge funds which have built major positions in the commodity recently. To read this article:
Global dividends are under pressure, but they still offer long-term opportunity
(CNBC) What could lie ahead for dividend ETFs as corporations cut payouts. Companies have been slashing shareholder payouts as the coronavirus pandemic slows economic activity and weighs on an assortment of industries, which hasn’t boded well for dividend-based exchange-traded funds. […]
U.S. stock futures fall as Wall Street takes a breather from week’s rally
(CNBC)Futures contracts tied to the major U.S. stock indexes fell in the overnight session Wednesday evening as investors took a breather from Wall Street’s robust gains so far this week. Dow Jones Industrial Average futures fell 127 points, implying an […]
