Monthly Archives: November 2021
Hedge fund fee models in a post-‘Two and Twenty’ world
(Hedgeweek) With many hedge funds delivering long-only or beta-type returns over the past decade, downward pressure on fees has intensified in recent years, and the ways in which start-up managers can look to draw allocator money has been the focus […]
Investors should brace for positive but below average returns in 2022, says Pictet’s Paolini
(Hedgeweek) The outlook is still good for investors, says Luca Paolini, chief strategist at Pictet Asset Management. To read this article:
SEC Proposes Updates to Electronic Recordkeeping Requirements
(HedgeCo.Net) The Securities and Exchange Commission has just published proposed amendments to the electronic recordkeeping and prompt production of records requirements applicable to broker-dealers, security-based swap dealers (SBSDs), and major security-based swap participants (MSBSPs). “This proposal updates an electronic recordkeeping […]
Investor Ackman says U.S. facing ‘classic bubble’ fueled by Fed’s easy money policy
(Money) Investor William Ackman, whose views are widely watched on Wall Street, said on Thursday that the U.S. central bank’s ultra-easy monetary policy has created a “classic bubble” and that he thinks the Federal Reserve will need to tighten rates […]
Hedge fund net inflows top $23bn in first three quarters as volatility increases
(Hedgeweek) The global hedge fund industry saw positive net inflows of $6 billion in Q3 amid increasing volatility, totaling net inflows of $23.7 billion in the first nine months of 2021, according to data from the Citco group of companies […]
If Biden picks Brainard over Powell for Fed chief, expect an immediate market impact
(CNBC) If Lael Brainard is named Federal Reserve chair, the first move by financial markets may be to price in an even more dovish central bank. That means the Fed would be expected to take longer to raise interest rates […]
Institutional investors losing trust in companies’ ESG and net zero commitments
(Opalesque) 86% of U.S. institutional investors believe that companies frequently overstate or exaggerate their ESG progress when disclosing results, and 72% of investors globally don’t believe companies will achieve their ESG commitments, said a study. A survey released by Edelman […]
Global exchange-traded products enjoy $1tn net inflows so far this year
(Opalesque) Exchange-traded products (ETPs) listed globally, including exchange-traded funds (ETFs), gathered more than $1 trillion in net inflows this year through October, helping to propel assets to a record of just under $10 trillion. According to the ETFGI report, ETFs […]
Cisco reports disappointing revenue and issues forecast that misses estimates
(CNBC) Cisco shares tumbled as much as 8% in extended trading on Wednesday after the computer networking company reported quarterly revenue that fell short of analysts’ expectations and issued weaker-than-expected guidance. Here’s how the company did in its fiscal first […]
Pandemic puts cybersecurity and succession planning at the heart of due diligence process
(Hedgeweek) This year’s Hedgeweek LIVE European Emerging Managers Summit examined how start-up funds can best organize their approach to operational due diligence, with attendees hearing how cybersecurity and succession planning have emerged as key considerations as a result of the […]
Nvidia data center sales grew 55% on demand for artificial intelligence chips
(CNBC) Nvidia stock rose more than 5% in extended trading after it reported earnings on Wednesday for its third fiscal quarter that beat expectations for both earnings and sales. To read this article:
Stocks slip despite strong retail earnings, Visa drags Dow lower
(CNBC) U.S. stocks took a dip on Wednesday as investors weighed a continuation of strong earnings reports from big-box retailers against lingering inflation concerns. The Dow Jones Industrial Average fell 211.17 points, or 0.5%, and sat about 1.7% from its […]