Monthly Archives: September 2021
With $7.65tn in AUM, North America is home to most of the world’s largest alternative investment managers
(Opalesque) With a combined total of $7.65tn in assets under management (AUM), the Americas are home to most of the world’s largest alternative investment managers, said a study. According to a Preqin report, the region’s 10,000+ active investors and more […]
Pershing Square to buy extra 2.9% of Universal Music for $1.15 bln
(Reuters) American hedge fund manager Bill Ackman’s Pershing Square is buying an additional 2.9% of Universal Music Group (UMG) from Vivendi (VIV.PA) for $1.149 billion, the French conglomerate said on Tuesday. Vivendi said the transaction was based on an enterprise […]
Morgan Stanley raises pay for institutional securities analysts
(Reuters) Morgan Stanley raised pay for starting analysts in its institutional securities division, making it the latest bank to increase compensation amid high demand for the entry-level workers. The move raises pay for all starting analysts to $110,000 across sales […]
There are mounting risks that make September a potentially hazardous time for stocks
(CNBC) After seven months of gains, stocks face plenty of potential risks that could make September live up to its reputation as the worst month of the year for the market. According to CFRA, the S&P 500 has been positive […]
Two more factors have popped up that add to the Fed’s inflation worries
(CNBC) Trends in home prices and consumer expectations that were part of data releases Tuesday pointed to more inflationary issues on the horizon for the U.S. economy. The S&P/Case-Shiller index, which measures home prices across 20 major U.S. cities, rose […]
ETFs using options to hedge have raked in $5 billion in the last year. Simplify CEO on his firm’s strategies
(CNBC) Options are getting popular in the exchange-traded fund world. ETFs that use options have raked in around $5 billion in the last year, a sign that investors are growing more interested in alternative strategies that aim to protect or […]
Ratings Agency Charged With Internal Controls Failures in Connection With Ratings of CMBS and CLO Combo Notes
(Opalesque) The Securities and Exchange Commission today announced that the credit ratings agency Kroll Bond Rating Agency Inc. (KBRA) has agreed to pay more than $2 million to settle separate charges relating to the rating of commercial mortgage-backed securities (CMBS) […]
JPMorgan to pay $920 million for manipulating precious metals, treasury market
(Reuters) JPMorgan Chase & Co has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, the U.S. authorities said on Tuesday. To […]
Man AHL granted QFII license, further expanding hedge fund quant pioneer’s China presence
(Hedgeweek) Man AHL, the pioneering quantitative investment unit of London-listed global hedge fund giant Man Group, has been given the green light for a qualified foreign institutional investor license in China. To read this article:
Emerging market debt-focused hedge funds are staying patient amid “weaker alpha environment”
(Hedgeweek) The rally in emerging markets has “eroded the potential for alpha generation” in EM debt markets, but this weaker investment environment is only temporary, with hedge fund managers keeping their powder dry to capitalise on opportunities at a later stage. […]
Hedge funds have maintained their strong performance since end-March supported by equity market recovery
(Opalesque) Hedge fund managers ended August 2020 up 2.02% on an equal-weighted basis, and 1.43% on an asset-weighted basis, driven by the strong performance of the global equity market as seen from the 5.54% return of MSCI ACWI (Local) over […]
Renewable energy and Telecom are the most pandemic-resilient infrastructure sub-sectors
(Opalesque) While infrastructure as a possession course has actually shown to be highly pandemic durable, there are significant distinctions in the performance of various industries, according to a new white paper from investment firm Foresight Group. The new study into […]
