Monthly Archives: June 2020
Hedge fund industry split over return to work and client meetings, as lockdown measures ease
(Hedgeweek) Most hedge fund industry employees have been working remotely during the coronavirus pandemic, but now firms are split over when staff should return to work and when businesses can resume face-to-face contact with investors and other clients, a new […]
Hedge fund performance up +1%, L/S Credit and Global Macro strategies outperform
(Opalesque) Hedge fund performance was up +1% so far in June, according to Lyxor Peer Groups. The period under review (up to June 9th) excludes the most recent trading days which saw renewed market volatility. The report said that L/S […]
Assets in global ETFs/ETPs again over the $6tn milestone at the end of May 2020
(Opalesque) ETFGI, the independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that assets invested in the global ETFs/ETPs industry have increased by 4.7%, from US$5.84 trillion at the end of April 2020, […]
eVestment: Hedge funds positive in May +2.54%
(Opalesque) The global hedge fund business posted an average +2.54% return for May, according to the latest eVestment hedge fund performance data. The rebound last month wasn’t enough to turn the tide for the industry, which is down -5.36% YTD. […]
Warren Buffett needs ‘to adapt’ to this market to reverse his ‘chronic underperformance’
(Marketwatch) If Berkshire is to have the prospects of generating the value it has in the past, it has to adapt by buying these companies that will generate significant value over the next 25 years. To read this article:
Stock futures point to little changed open following rally in the previous session
(CNBC) U.S. stock futures were mixed in early morning trade on Wednesday, following a big rally in the previous session fueled by growing belief that the worst may be over for the world’s largest economy. Dow futures dipped 67 points, […]
Dow jumps more than 500 points as Wall Street cheers record retail sales comeback
(CNBC) Stocks rose on Tuesday as a record jump in retail sales — coupled with positive trial results from a potential coronavirus treatment and hopes of more stimulus — sent market sentiment soaring. The Dow Jones Industrial Average closed 526.82 […]
Global hedge fund industry AUM declines by $204.7bn in May 2020 YTD
(Opalesque)The global hedge fund industry AUM has declined by $204.7 billion as of May 2020 year-to-date. Net outflows for Q1 stood at $85.9 billion, which compares to the $94.7 billion of net outflows in Q4 2018, said Eurekahedge Report. The […]
These are the 2020 CNBC Disruptor 50 companies
(CNBC) CNBC identifies private companies whose breakthroughs are influencing business and market competition at an accelerated pace. They are poised to emerge from the coronavirus pandemic with tech platforms that have the power to dominate. The start-ups making the 2020 […]
Dow futures drop more than 200 points in overnight trading, indicating more losses ahead
(CNBC) Stock futures fell in overnight trading on Wednesday as investors continued to monitor an uptick in new coronavirus cases amid the reopening economy. Futures on the Dow Jones Industrial Average fell 222 points, implying a Thursday opening drop of […]
SEC Chairman Jay Clayton says Americans need financial literacy now more than ever
(CNBC) Federal Reserve chief Jay Powell said on Tuesday in his congressional testimony that the recession in the wake of the coronavirus pandemic could widen income inequality for minorities and Americans in lower-income categories. Securities and Exchange Commission Chairman Jay […]
SEC Obtains Judgment Against Recipient of Ponzi Scheme Proceeds
(HedgeCo.Net) The U.S. District Court of the Southern District of Florida entered has entered a final judgment against relief defendant Rhoda Burkholz of Boca Raton, Florida, who has agreed to pay over $250,000 to resolve the SEC’s action against her […]
