Monthly Archives: September 2020
Billions flow into hedge funds in August, nearly 60% of funds see new money
(Opalesque) After a four-month string of asset outflows from hedge funds in March through June, hedge funds continued in asset-recovery mode in August, with investors adding $7.36 billion to the industry last month, according to the just-released August 2020 eVestment […]
Investors are returning to hedge funds, as industry enjoys positive capital flows for second month in a row
(Hedgeweek) Investors continued to add more money to hedge funds last month – after pouring more than USD9 billion into the industry in July – as the sector recovers from a bruising four-month run of withdrawals and allocators drift back to the […]
JPMorgan to pay almost $1 billion fine to resolve U.S. investigation into trading practices
(CNBC) JPMorgan Chase is close to paying almost $1 billion to resolve government investigations into the alleged manipulation of metal and Treasurys markets, according to a person with knowledge of the matter. A settlement between New York-based JPMorgan and several […]
Franklin Templeton creates new unit with QS Investors
(Opalesque) Franklin Templeton will combine recently acquired QS Investors, a Legg Mason subsidiary, with Franklin Templeton Multiasset Solutions (FTMAS) business into a single consolidated unit. Effective Oct. 1, the combined business, called Franklin Templeton Investment Solutions (FTIS), will consist of […]
The majority of Americans believe sustainable funds can offer higher returns
(Opalesque) A majority (55%) of Americans are more likely to invest in sustainable funds for their more attractive return profile, according to the annual Schroders Global Investor Study. The survey, of more than 23,000 investors globally, including 2,000 in the […]
HSBC Private Banking clients allocate record USD1.6bn to alt investments so far in 2020
(Hedgeweek) More than $1.6 billion of private client funding has been raised by HSBC Private Banking for so far in 2020 for hedge funds, private equity, private credit and a private REIT strategy. To read this article:
Stock futures little changed following sell-off on Wall Street
(CNBC) Stock futures fell during overnight trading, building on Wednesday’s heavy losses that saw the S&P 500 tumble more than 2%. Futures contracts tied to the Dow Jones Industrial Average recovered from an earlier slip to rise by about 40 […]
COVID-19 forces surge in tech investment: Around $15bn extra a week
(OPalesque) COVID-19 forces one of the biggest surges in tech investment in history as companies spent around US$15bn extra a week on technology during the pandemic’s first wave, find the world’s largest tech leadership survey. To read this article: The […]
July sees second straight month of hedge fund inflows
(Opalesque) Hedge funds experienced a second straight month of inflows in July, bringing in $10.5 billion as the industry continued to shake off spring’s pandemic-driven redemption trend. July’s new assets built on June’s $15.1 billion in inflows. July’s inflows represented […]
Lyxor Chenavari UCITS team switching to alpha opportunities in “choppy waters”
(Hedgeweek) The team behind the Lyxor Chenavari UCITS fund is repositioning the strategy for upcoming alpha-generating opportunities arising from the “choppy waters” of the forthcoming US election and Brexit. To read this article:
SEC Charges Ponzi Scheme Targeting U.S. Military Service Members
(HedgeCo.Net) The Securities and Exchange Commission today announced settled charges against a Colorado man for defrauding investors, including cadets at the U.S. Air Force Academy. The SEC’s complaint alleges that over a two-year period, Milton J. Dosal, Jr. raised nearly […]
Elliott and Veritas Capital submit offer for Cubic
(Reuters) Hedge fund Elliott Management and buyout firm Veritas Capital have made a joint bid for Cubic Corp following weeks of private talks with the defense and transportation technology firm, people familiar with the matter said on Tuesday. To read […]
