Monthly Archives: February 2021

(Opalesque) Two-thirds of respondents in a new survey expect aggressive portfolios to outperform defensive ones in 2021, despite the same proportion saying the global economy will fail to fully recover from the coronavirus crisis this year. To read this article:

(Opalesque) Risk assets experienced a strong rebound in recent weeks, which benefitted Directional L/S (+3.8%) and Special Situation (+2.7%) strategies on a month-to-date basis, said Lyxor. CTAs also posted solid returns during the same period, up +3.1%. On a negative […]

(Hedgeweek) US hedge fund titan Kenneth Griffin founder, CEO and co-CIO of Citadel, says the recent GameStop trading frenzy demonstrates the need to overhaul the settlement process in markets, and wants a shorter timeframe for settling trades, along with more […]

(Reuters) Activist investor Elliott Management Corp has taken a stake in Principal Financial Group Inc and plans to push for changes at the life Insurance company, Bloomberg reported late on Sunday, citing sources. The New York-based hedge fund is nearing […]

(CNBC) A group of activist investors with about 9.5% stake in Kohl’s Corp is attempting to take control of the department store chain’s board, The Wall Street Journal reported on Sunday. Investors including Macellum Advisors GP, Ancora Holdings, Legion Partners […]

(Reuters) The U.S. stock market has so far digested a surge in Treasury yields, but some investors are worried that a continued ascent could prove more problematic. The yield on the benchmark 10-year Treasury note , which rises when bond […]

(CNBC) Global dividends fell sharply in 2020 due to the coronavirus pandemic, with the amount of investor payouts declining 12.2% to $1.26 trillion, according to new research. As the international public health crisis spread throughout the world, prompting lockdowns and […]

(Reuters) A blank-check company backed by an investment adviser associated with Michael Dell and by Gregg Lemkau, the former co-head of investment banking at Goldman Sachs Group Inc, on Friday filed paperwork to raise up to $500 million in its […]

(CNBC) During Thursday’s GameStop hearing, Citadel Securities’ Ken Griffin defended a controversial method brokerages use to make money, and said his firm would adapt if new regulations prohibited the practice. Lawmakers finally got a chance to press Robinhood, Citadel and […]

(CNBC) Testifying before Congress on Thursday, Reddit CEO Steve Huffman defended the role Reddit played in the January surge of GameStop shares. Huffman told members of the House Financial Services Committee at a hearing on Thursday that Reddit did not […]