Monthly Archives: August 2019
Hedge funds were divided on oil, until Trump tweeted
(Reuters) – Hedge fund managers were deeply divided over the future direction for oil prices, until the United States announced fresh tariffs on China and sent prices plunging late last week. To read this article:
Will more hedge funds follow Coatue’s lead into early stage venture?
(Opalesque)mIn the week ending August 2nd 2019, reports said hedge fund Coatue launched a $700m venture fund that will focus on early-stage investments. The New York-based firm submitted a filing for the vehicle with the SEC in November. To read […]
Wilshire 5000 sets record highs in July, nets $425bn gain for the month
(Opalesque) The Wilshire 5000 Total Market Index, the original pure and complete measure of the U.S. stock market, gained 1.49 percent in July and 20.43 percent for the year, closing the month at 30,550.75, according to Wilshire Associates Incorporated. To […]
Virtual reality gets a reality check with a significant fall in investment
(Opalesque) For several years, virtual reality (VR) start-ups were highly desired companies to invest in for future returns. More recently, though, the market has taken a volatile turn. According to Preqin, from 2016 to 2017 the number of venture capital […]
Investment Adviser Charged for Failing to Disclose Conflicts Arising from Revenue Sharing
(HedgeCo.Net) The Securities and Exchange Commission has charged Commonwealth Equity Services, LLC d/b/a Commonwealth Financial Network (Commonwealth), a registered investment adviser and broker-dealer based in Waltham, Massachusetts, with failing to disclose material conflicts of interest related to revenue sharing Commonwealth […]
Citadel Alums Start Year’s Biggest Hedge Fund at $2 Billion
(Bloomberg) The biggest hedge fund startup so far this year is debuting with $2 billion in investor commitments and former Citadel traders Michael Rockefeller and Karl Kroeker at the helm. To read this article:
Och-Ziff’s Flagship Fund Falls Below $10 Billion on Outflows
(Bloomberg) Och-Ziff Capital Management Group Inc. posted another quarter of outflows from its multi-strategy hedge fund, a signal that efforts to pull in capital have yet to pay off. To read this article:
Resurgent Volatility Shows Why Distrust of Stocks Runs So High
(Bloomberg) A stock market that has been scaring Wall Street for months got a lot more frightening this week as Jerome Powell and Donald Trump helped deliver the worst drop of the year and volatility surged. To read this article:
Power derivatives market up by 55 per cent in July
(Hedgeweek) In July 2019, the European Energy Exchange (EEX) increased its volume on the power derivatives market by 55 per cent to 331.4 TWh compared to the previous year. To read this article:
GSR appoints adviser for expansion into mainland China
(Hedgeweek) Cryptocurrency trading firm GSR has appointed Xin Song as a specialist advisor to oversee expansion into Mainland China. To read this article:
71% decrease in private equity secondaries fundraising for H1 seen as cyclical effect
(Opalesque) Seven private equity secondaries funds secured an aggregate $2.4bn in H1 2019, representing a 71% decrease from H1 2018 when $14bn was raised from 23 secondaries funds. To read this article:
Low Income Investment Fund completes inaugural debt issuance at 10x oversubscribed
(Opalesque) The Low Income Investment Fund (LIIF) has issued its first public debt offering with a $100 million Sustainability Bond issuance. The Community Development Financial Institution (CDFI) offering was ten times oversubscribed. To read this article: