Category Archives: Syndicated
Deerfield raises $1.6bn for new healthcare oriented private investment fund
(Opalesque) Deerfield Management, a venture capital firm based in New York, has launched Deerfield Private Design Fund III, an investment fund designed to provide flexible private financing to healthcare companies. According to a press note from the investment firm, the […]
Hedge fund redemptions accelerate
(Hedgeweek) Hedge fund redemptions accelerated in March totalling -$35.37 billion (-0.70% of industry assets), according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions. To read this article:
Stock futures rise slightly ahead of first day of June
(CNBC) Stock futures moved slightly higher on Tuesday evening as Wall Street turned the page to another month. Futures tied to the Dow Jones Industrial Average added 197 points, or 0.6%. Those for the S&P 500 ticked up about 0.5%. […]
Crypto deals help fuel NBA sponsorships to $1.6 billion in 2021-22 season
(CNBC) Cryptocurrency companies helped fuel the NBA’s sponsorship revenue to a record $1.6 billion in the 2021-22 season, according to estimates by IEG, a sports partnerships consultancy. That’s up 13% from the $1.4 billion in the 2020-21 season. In the […]
Salesforce stock jumps as it raises profit forecast, CFO says company will be more ‘measured’ in hiring
(CNBC) Salesforce shares rose 8% in extended trading on Tuesday after the enterprise-software maker reported fiscal first-quarter results that surpassed analysts’ expectations and lifted its full-year earnings guidance. To read this article:
Global macro fund builds on positive 2021 performance with solid first quarter
(Opalesque) 2022 has been a solid year for global macro funds. The category returned 10.3% in the first four months of the year, compared to the average hedge fund which returned 1.9%, according to data from Hedge Fund Research. Macro […]
Investors pull $5.2bn from hedge funds in April, concentration in positive flows on the rise
(Opalesque) Investors pulled $5.20 billion from the global hedge fund business in April, while industry AUM continued to rise to $3.624 trillion based on performance gains, according to the just-released April 2022 eVestment Hedge Fund Asset Flows Report. While the […]
S&P 500 futures rise following last week’s bounce
(CNBC) S&P 500 futures rose on Monday night, as Wall Street tried to build on last week’s momentum. Dow Jones Industrial Average futures gained 36 points, or 0.1%. S&P 500 and Nasdaq 100 futures climbed 0.3% and 0.8%, respectively. The […]
Goldman says signs that inflation is peaking could be positive for stocks
(CNBC) Signs that inflation is at least starting to abate from a 40-year high could be a positive for stocks, according to Goldman Sachs. Markets rallied Friday as a government report showed the pace of inflation slowed a bit in […]
Stocks could build on gains in the week ahead as investors await Friday’s jobs report
(CNBC) Stocks could carry the momentum of this latest rally into next week as investors look ahead to Friday’s jobs report. All three major indice scored big gains in the past week, each rising higher than 6%. Both the S&P […]
Hedge funds and asset managers adopt different approaches to trading Treasuries
(Hedgeweek) Hedge fund managers are adopting a different approach to asset managers when it comes to trading US treasuries, according to a report by Bloomberg. To read this article:
Stock futures are little changed with S&P 500 on track for winning week
(CNBC)Stock futures were little changed in overnight trading as the S&P 500 attempted to snap a seven-week losing streak. Futures on the Dow Jones Industrial Average shed about 40 points. S&P 500 futures and Nasdaq 100 futures were near flat. […]