Category Archives: Syndicated
Morgan Stanley says China is ‘overinvested,’ but India’s the opposite
(CNBC) China is overinvested as its economy continues to get buffeted — but India has room for investment opportunities, said Morgan Stanley. “China is overinvested. It’s overleveraged and it’s oversupplied. And then it has this geopolitical cloud over it,” said […]
Endowment fund returns decline in 2022
(Opalesque) 2022 was a tough year for endowed funds, according to new data from Commonfund. Commonfund surveyed 277 foundations and found that investment returns declined across the board in 2022. To read this article:
Ex-Citadel traders’ hedge fund slumps 25% after strong start
(Hedgeweek) FIFTHDELTA, a long-short hedge fund founder by former Citadel traders Niall O’Keeffe and Tio Charbaghi, which was one of Europe’s biggest hedge fund launches in 2021, has seen YTD losses hit 25% after a 13% fall in July, according […]
Inflows to Tiger Cub funds slow as poor performance bites
(Hedgeweek) Flows of new investor cash into funds managed by several Tiger Cubs – one-time protégés of Tiger Management founder Julian Robertson – have slowed dramatically after they posted some of their worst returns on record, according to a report […]
Stock futures are little changed ahead of August payrolls report: Live updates
(CNBC) Stock futures were near the flat line Thursday night as investors came off a mixed trading session and closed out a month that saw losses for all three stock indexes. Futures tied to the Dow Jones Industrial Average added […]
Hedge fund veteran favoured as new GAM chief executive
(Hedgeweek) NewGAMe, the activist investment group closing in on a takeover of Swiss asset manager GAM, has named hedge fund veteran Randel Freeman as its preferred candidate for the role of chief executive, according to a report by Financial News. […]
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
(CNBC) UBS on Thursday posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland’s largest bank completed its takeover of stricken rival Credit Suisse. Analysts had projected a net profit of $12.8 billion for the three […]
Salesforce shares pop on earnings beat and optimistic forecast
(CNBC) Salesforce shares jumped 6% in extended trading on Wednesday after the cloud software company announced quarterly results and guidance that surpassed Wall Street’s expectations. Here’s how the company did: Earnings: $2.12 per share, adjusted, vs. $1.90 per share as […]
Hedge fund exposure to ‘magnificent seven’ tech stocks hits record high
(Hedgeweek) Hedge funds have upped their exposure to the seven biggest technology company stocks to the highest level ever seen, just as Nvidia hit an all-time individual high after exceeding revenue expectations, according to a report by Reuters. To read […]
Lone Pine sees $3bn of redemptions in 12 months
(Hedgeweek) Investors in Lone Pine Capital, the hedge fund firm founded by Steve Mandel, made investment redemptions totalling around $3bn in the 12 month period to the end of June, despite performance recovering from a challenging 2022, according to a […]
Alt investment fundraising slowing, says Preqin
(Hedgeweek) Despite a predicted boom in allocations to alternative investments including hedge funds, private equity, private credit, and real estate, fundraising has slowed significantly in 2023, according to a report from the Financial Times. To read this article:
Hedge funds up Treasury shorts
(Hedgeweek) Hedge funds are likely expanding their basis trade activity, which exploits the price differences between future and their underlying bonds, with short sales of US Treasury futures having surged, according to a report by Bloomberg. To read this article: