Category Archives: Syndicated

SS&C GlobeOp Forward Redemption Indicator at 2.28 per cent for November

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for November 2021 measured 2.28 per cent, up from 1.56 per cent in October. To read this article:

Zoom beats estimates even as revenue growth is poised to slow after pandemic

(CNBC) Zoom reported better-than-expected quarterly earnings on Monday, while warning investors of a revenue slowdown at the video-chat company as the pandemic comes to an end. To read this article:

Treasury yields rise after Biden picks Powell over Brainard for top Fed post

(CNBC) U.S. Treasury yields rose Monday after President Joe Biden renominated Jerome Powell for a second term as Federal Reserve chair. The yield on the benchmark 10-year Treasury note climbed by 9.3 basis points to 1.629% in afternoon trading The […]

Nasdaq dips 1% as bond yields rise, tech falters after Biden picks Powell for second Fed term

(CNBC) Stocks slumped Monday afternoon, reversing an earlier rally that came after President Joe Biden announced he would nominate Chairman Jerome Powell to continue to lead the Federal Reserve, rather than nominating Fed governor Lael Brainard for the post. To […]

Activist shorts get stuck into SPACs

(Hedgeweek) There have been 35 activist short campaigns against SPACs that completed mergers since the beginning of 2020, according to new research from Insightia.  To read this article:

Buyout firm Apollo to acquire stake in energy storage operator Broad Reach

(Reuters) – Apollo Global Management APO.N has agreed to buy a 50% stake in Broad Reach Power from its existing owners, the parties said, a deal which will result in up to $400 million of capital being invested in the […]

Stock futures rise slightly as market enters holiday-shortened week

(CNBC) Stock futures rose slightly in overnight trading on Sunday ahead of the holiday-shortened week, a historically seasonally strong period for Wall Street. Futures on the Dow Jones Industrial Average gained 55 points. S&P 500 futures edged up 0.1% and […]

Stocks may be entering an optimal period in the Thanksgiving holiday week

(CNBC) If history is a guide, the market should do well in the upcoming Thanksgiving holiday week. The S&P 500 was slightly higher in the past week, buoyed by positive economic reports, particularly the unexpectedly strong 1.7% jump in October’s […]

Stocks struggle on Friday after Austria lockdown, but tech shares post winning week

(CNBC) Stocks struggled on Friday as concerns over a resurgence of Covid-19 weighed on global markets, though tech shares pushed higher. The Dow Jones Industrial Average fell 268.97 points, or 0.75%, to 35,601.98. The S&P 500 ticked 0.14% lower to […]

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 […]

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 […]