Monthly Archives: May 2020
Stock futures little changed following two days of gains
(CNBC) U.S. stock futures were little changed in overnight trading and pointed to a largely flat open on Wednesday, following two positive sessions in the equity markets. Dow futures dipped 13 points, indicating a Wednesday opening loss of about 21 […]
Expect a bumpy recovery? Exchanges may provide an upside
(Reuters) – As market volatility has eased after the mayhem of March, investors betting on a rocky economic recovery from the coronavirus crisis are buying shares of exchanges that are poised to profit if more turmoil ensues. To read this […]
No, the Fed can’t save the junk bond market, Goldman warns
(Marketwatch) Over $6 billion has poured into the two biggest below-investment-grade bond funds since the Fed said it would start buying To read this article:
New study finds no evidence of outperformance by hedge fund ‘best ideas’
(Hedgeweek) Epsilon Asset Management (“Epsilon”), a quantitative asset management firm that pursues bottom-up stock-selection alpha through a data science investment approach, today announced the findings of its new report, “Hedge Fund Alpha and their Best Ideas”. To read this article:
Hedge Fund Association names 2020 Global Board of Directors
(Hedgeweek) The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organisation, has announced the results of its 2020 Global Board of Directors election. To read this article:
Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment
(CNBC) Disney reported mixed results for its Q2 2020 earnings after the bell on Tuesday. The stock jumped around on the news of the report but was down more than 2% after hours following the earnings call. To read this […]
Wharton finance professor Jeremy Siegel is calling the end of the 40-year bull market in bonds.
(CNBC) Siegel’s declaration comes as world economies battle the coronavirus pandemic, and the Federal Reserve buys treasurys and mortgage-backed securities to keep the financial markets functioning. To read this article:
Investcorp and Tages merge absolute return businesses
(Hedgeweek) Investcorp, a global provider and manager of alternative investment products, and Tages Group (Tages), a European alternative asset management firm, have created a 50/50 joint venture (JV) by merging Investcorp’s Absolute Return Investments business (Investcorp ARI) and Tages Capital, […]
Technology transformation in investment management firms
(Hedgeweek) In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based […]
US Treasury seeks to borrow a record $3 trillion this quarter
(CNBC)Massive stimulus to support the U.S. economy through the coronavirus crisis will cause the Treasury to borrow a record $3 trillion this quarter. To read this article:
CFTC Awards More Than $2 Million to Four Whistleblowers
(HedgeCo.Net) The Commodity Futures Trading Commission has announced a whistleblower award exceeding $2 million to be shared among four whistleblowers. The CFTC granted the whistleblowers’ award applications for both a CFTC action and related actions brought by another regulator. In […]
Dow futures rise 200 points as investors focus on reopening of economy
(CNBC) Stock futures rose in early morning trading Tuesday as investors remained focused on the reopening of the U.S. economy. Futures on the Dow Jones Industrial Average climbed 202 points, implying a Tuesday opening gain of around 135 points. S&P […]
