Monthly Archives: June 2020
Fed sees interest rates staying near zero through 2022, GDP bouncing to 5% next year
(CNBC) The Federal Reserve voted Wednesday to keep benchmark short-term rates near zero.In addition to the rates move, the Fed said it would keep buying bonds, targeting $80 billion a month in Treasurys and $40 billion in mortgage-backed securities. On […]
Hedge funds gain 2.71% in May
(Opalesque) Stock markets carried April’s momentum into May and hedge funds were among the beneficiaries posting a 2.71% monthly return, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 […]
Dow futures fall more than 300 points following two days of losses
(CNBC) Nasdaq closes above 10K for first time ever. Stock futures fell in overnight trading on Wednesday as investors evaluate the pace of economic recovery and the coronavirus developments. Futures on the Dow Jones Industrial Average fell 315 points, implying […]
Most of the institutional investors see the appeal of digital assets
(Opalesque) The overwhelming majority of investors are interested in digital assets, said a study.A survey conducted by asset-management giant Fidelity said that some 4 out of 5 institutional investors find “something appealing” about digital assets, but resistance remains when it […]
Stock futures little changed after S&P 500 turns positive for the year
(CNBC) Futures contracts tied to the major U.S. stock indexes held steady in early morning trade on Tuesday as investors hoped to extend the S&P 500?s gains after the index returned to positive territory for the year during the regular […]
Final Judgment Handed Down Against Recidivist Investment Adviser
(HedgeCo.Net) The United States District Court for the Northern District of Ohio has entered final consent judgments against recidivist investment adviser Brandon E. Copeland and his advisory firm, E.B. & Copeland Capital, Inc. The SEC’s complaint alleges that, after the […]
CFTC Orders UK Company to Pay Over $490,000 for Registration and Supervision Violations
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order filing and settling charges against Gain Capital UK Limited (Gain UK) of London, England for failing to register as a retail foreign exchange dealer (RFED) and for supervision violations related […]
Stanley Druckenmiller says his 3% return as the Dow and S&P 500 soared more than 40% from March lows has ‘humbled’ him
(Marketwatch) ‘Well I’ve been humbled many times in my career, and I’m sure I’ll be many times in the future. And the last three weeks certainly fits that category.’— Stanley Druckenmiller. The famed former hedge-fund manager, who with George Soros […]
Hedge funds continue fightback, as equity managers soar amid lockdown-easing and activists seize on dislocation
(Hedgeweek) Hedge funds are continuing to recover from sharp losses suffered earlier this year, notching up positive returns for the second successive month in May as economies slowly reopen following the coronavirus lockdown, new data from Hedge Fund Research shows. […]
Passive equity strategies see the largest combined inflow quarter for the last 15 years:
(Opalesque) eVestment reports that institutional investors allocated +$49.4 bn to passive U.S. equity and +$61.2 bn to passive non-U.S. equity strategies in Q1 marking the largest combined inflow quarter since at least 2005. Traditional asset managers reported institutional assets under […]
Impact investing in private markets touches $2.1tn in AUM
(Opalesque)Impact investing in private markets could be as much as $2.1 trillion in assets under management, although only $505 billion is clearly measured for development impact and financial returns, said a report. According to IFC, a member of the World […]
S&P 500 erases its loss for the year as stocks rally on reopening optimism
(CNBC) Markets continue to climb on coronavirus recovery optimism—Five experts explain the rally. The stock market rallied once again on Monday, pushing the S&P 500 into the green for the year as the benchmark completed its wild round trip amid […]
