Monthly Archives: August 2020
AIMA and Albourne launch new initiative to strengthen diversity and inclusion within hedge fund industry
(Hedgeweek) The Alternative Investment Management Association has launched a new initiative aimed at improving transparency around diversity and inclusion within the global hedge fund and alternative investment industry. To read this article:
July marks one of the best performances on record for hedge funds and CTAs:
(Opalesque) In the week ending August 14th 2020, a report by HFR pointed out that hedge funds surged in July to begin H2 2020, with the HFRI Fund Weighted Composite Index (FWC) posting the 2nd highest monthly gain since January […]
Hedge Fund Indices – A helpful tool, but can cause confusion
(Opalesque) By Donald A. Steinbrugge, CFA, Founder and CEO – Agecroft Partners, LLC. Although hedge fund indices can be a very useful tool, indices can also create confusion if their construction and composition are not well understood. Take for example hedge […]
Boeing offers second voluntary layoff package to employees
(CNBC) Boeing will be offering a second voluntary layoff package to employees to depart the company, with pay and benefits, the planemaker said on Monday. “While we have seen signs of recovery from the pandemic, our industry and our customers […]
Oracle is in talks to acquire TikTok’s U.S. operations, challenging Microsoft, source says
(CNBC) Oracle, an enterprise software giant, is in talks to acquire social media company TikTok’s U.S., Canadian, Australian and New Zealand assets, according to a person familiar with the matter. Oracle is working with a group of U.S. venture capital […]
If history repeats, the stock market will hit a new high by the end of August
(Marketwatch) The S&P 500 index made two failed attempts last week to take out its record close from February, causing some investors to worry the rally is running out of steam. History, on the other hand, suggests market bulls shouldn’t […]
Bigger may not necessarily be better: Largest hedge funds still down in 2020, lagging industry average
(Hedgeweek) Larger hedge funds’ performance in 2020 remains “significantly” below industry averages, according to new industry stats, suggesting that bigger may not necessarily be better when it comes to managers recouping losses suffered earlier in the year. To read this […]
Advisory Firm Settles Charges of Defrauding Investors, Agrees to Refund Allegedly Ill-Gotten Gains to Harmed Clients
(HedgeCo.Net) The Securities and Exchange Commission has announced that SCF Investment Advisors, Inc. (SCF) has agreed to settle charges that it selected mutual funds and cash sweep money market funds for clients that provided undisclosed revenue to the firm’s affiliated […]
Stock futures rise as S&P 500 tries to build on last week’s gains and reach all-time high
(CNBC) U.S. stock futures rose on Sunday night after Wall Street logged in its third consecutive weekly gain, but fell short of breaking the all-time high set on Feb. 19. Dow Jones Industrial Average futures were up by 72 points, […]
Hedge funds gain from travel turbulence as short bets in Lufthansa, TUI and IAG take off
(Hedgeweek) Hedge funds have collected almost $200 million from successful bets against the embattled travel and leisure sector, with short positions in Lufthansa, TUI and IAG driving the bulk of the gains recently. To read this article:
Assets in global ETPs reached a new record of $6.66tn in July
(Opalesque) Assets in exchange-traded products (ETPs) listed globally reached a new record of US$6.66 trillion at the end of July 2020. According to figures from the ETFGI consultancy, ETPs gathered net inflows of $79.35 billion during July, bringing year-to-date net […]
SS&C GlobeOp Hedge Fund Performance Index up 1.82% in July
(Opalesque) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2020 measured 1.82%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.55% in August. To read this article: