Category Archives: Syndicated

Hedge fund titans fight back as larger managers pull ahead in March

(Hedgeweek) Larger hedge funds have entered the second quarter on a high after a staging an impressive fightback which saw them generate above-average returns in March after lagging the industry average during the first two months of the year. To […]

Global private equity assets under management climb to record high of $5tn

(Opalesque) Global private equity recovered strongly in Q1 2021 after a turbulent year. Assets under management (AUM) surpassed a record $5tn as of September 2020, bolstered by rising valuations in both private and public markets, said Preqin. More impressive is […]

Dow jumps 300 points to top 34,000 for the first time amid blowout economic data

(CNBC) U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. The Dow Jones Industrial Average rose 305.10 points, or 0.9%, […]

So far in earnings season, companies are reporting numbers way above what Wall Street expected

(CNBC) Everyone knew earnings were going to be good, but this is really good. “There’s evidence every day that growth is clearly improving around the world, today from the US to Australia,” Ed Hyman, chairman and head of the economic […]

Fed’s Daly calls for Treasury market reforms, hedge fund scrutiny

(Reuters) San Francisco Federal Reserve Bank President Mary Daly on Thursday called for Treasury market reforms and renewed scrutiny on hedge funds and other nonbank financial entities to help plug financial system vulnerabilities that could reemerge in the next big […]

World’s largest hedge fund appoints two co-CIOs to oversee a new sustainable investing group

(Opalesque) The global leader in institutional portfolio management and the largest hedge fund in the world Bridgewater Associates launched a sustainable investing group overseen by Karen Karniol-Tambour and Carsten Stendevad, both newly named co-chief investment officers for sustainability at the […]

Investors look for answers as Treasuries rally after strong economic data

(Reuters) A sharp drop in Treasury yields in the face of strong U.S. economic data is surprising market participants who expected the reflation-driven bond selloff of the first quarter to continue. To read this article:

The 10-year Treasury yield slid on Thursday. Why it could be good news for stocks

(CNBC) The benchmark 10-year Treasury yield slid to a one-month low Thursday in a counterintuitive move that should be a positive for the stock market. Treasury yields, which move opposite price, had been falling, but they picked up momentum after […]

Coinbase stock closes down day after landmark Nasdaq debut

(CNBC) Coinbase shares whipsawed Thursday, a day after the cryptocurrency exchange went public in a blockbuster direct listing. The firm’s stock closed down 1.68%, though had climbed as high as 6.4% in the morning. To read this article:

Hedge funds recorded their best Q1 performance since 2006

(Opalesque) The Eurekahedge Hedge Fund Index was up 0.95% in March 2021, supported by the robust performance of the global equity market as represented by the MSCI ACWI (Local) which gained 3.24% over the same period. Long-dated US treasuries continued […]

Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billion

(CNBC) The shares opened at $381 and quickly shot up as high as $429.54, before dropping back below the debut price and reaching a low of around $310. The price was still well above the reference price of $250 set […]

Richard Branson sells over $150 million in Virgin Galactic stock

(CNBC) Sir Richard Branson, the founder of Virgin Galactic who helped take the company public in 2019, sold more than $150 million worth of the company’s stock over the past three days, a securities filing on Wednesday revealed. Branson, and […]