Monthly Archives: August 2020
Venture Capital hit record levels in 2019
(Opalesque) Returns from venture funds globally reached a record high in Q4 2019 and remained strong in Q1 2020, despite the unfolding Covid-19 crisis, according to new data from eFront. 2019 was an exceptional year for venture capital performance, with […]
Broker Charged with Defrauding Customers
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Ross Barish, a registered representative at Joseph Stone Capital, LLC, a broker-dealer located in Mineola, New York, for defrauding sixteen retail customers. The SEC’s complaint alleges that Barish engaged in […]
Barclay CTA Index gains 1.63% in July
(Opalesque) Managed futures funds were profitable in July as the CTA industry realized a 1.63% monthly gain, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year-to-date CTAs were up 2.49% through July. […]
These are the questions fund managers will be facing on diversity & inclusion
(Opalesque) The Alternative Investment Management Association (AIMA) and consultant Albourne Partners Limited have launched a questionnaire for alternative investment managers to increase diversity & inclusion (D&I) transparency in the global hedge fund and alternative investment industry. The questionnaire was developed […]
Stock futures flat after S&P 500 notches new record
(CNBC) U.S. stock futures were flat in overnight trading on Tuesday, after the S&P 500 hit its highest level ever, wiping out all the losses from the coronavirus sell-off. Dow futures rose 18 points. The S&P 500 and Nasdaq 100 […]
Democrats Nominate Joe Biden as Their Presidential Candidate. What Analysts Think.
(Marketwatch) Joe Biden, who sealed the Democratic presidential nomination on Tuesday night, balances energizing his base while trying to win over undecided independent and conservative voters. His more moderate platform would likely be more friendly to business and finance than […]
Refreshing the opportunities in relative value/convertible arbitrage investing: Q&A with Oliver Dobbs, founder of Credere Capital
(Hedgeweek) The impact of the ongoing coronavirus crisis – which has seen an unprecedented market sell-off give way to a dizzying equity rally, with heightened volatility still tentatively looming over all manner of companies and sectors – is providing a […]
Why investors should sell stocks now to get ready for the big rally that’s coming
(Marketwatch) Stocks are looking up on Tuesday, beating back a bevy of concerns — Washington-Beijing tensions, the lack of a U.S. coronavirus stimulus package, and Europe’s virus resurgence. To read this article:
Kohl’s sees billions in market share up for grabs as retailers go bankrupt, shut stores
(CNBC) Kohl’s sees an opportunity in the coronavirus pandemic to steal market share from struggling retailers and win over new customers as competitors go bankrupt and liquidate their stores. To read this article:
Wall Street pushes for GM to spin off its electric vehicle business
(CNBC) Pressure is mounting from Wall Street for General Motors to spin off its electric vehicle business to better position the operations against Tesla and a fleet of expected startup companies. The new company would likely be valued at a […]
CFTC Orders Interactive Brokers LLC to Pay More Than $12 Million for Anti-Money Laundering and Supervision Violations
(HedgeCo.Net) The Commodity Futures Trading Commission today filed and simultaneously settled charges against Interactive Brokers LLC, a registered futures commission merchant (FCM), for failing to diligently supervise its officers’, employees’, and agents’ handling of several commodity trading accounts and failing […]
Stock futures little changed as the market inches closer to record
(CNBC) Stock futures were little changed in Tuesday early morning trade after the S&P 500 on Monday once again failed to reach a record, a level set before the coronavirus crisis hit. Futures on the Dow Jones Industrial Average dipped […]