Category Archives: Syndicated
Trump Organization and its CFO indicted by Manhattan grand jury
(CNBC) The offices of the Manhattan District Attorney and New York Attorney General have obtained indictments against the Trump Organization and its longtime finance chief Allen Weisselberg, two people familiar with the matter told NBC News. The indictments against the […]
World’s biggest interdealer broker to launch crypto trading platform with Fidelity
(Opalesque) TP ICAP Group, the world’s biggest interdealer broker, is launching a cryptocurrency venue for institutions to trade BTC, and plans include adding ETH as well. The London-based broker, which has offered Bitcoin futures since 2019, said in a press […]
Hedge fund launches increased in Q1 amidst inflationary pressures
(Opalesque) New hedge fund launches increased in the first quarter of 2021 to the highest level since 4Q17 as hedge funds posted strong performance to begin 2021 and inflationary pressures have begun to emerge in the US, according to the […]
Event driven hedge funds latch onto M&A boom, as potential for returns has “never been better”
(Hedgeweek) Event driven hedge funds are making hay amid soaring levels of corporate activity, with new stats showing these managers raked in their best first-quarter returns in almost 30 years, as a number of newly-launched strategies look to get a […]
Leon Cooperman plans to stock pick his way to success, not expecting much more from overall market
(CNBC) Billionaire investor Leon Cooperman said Tuesday that stock picking is key to superior returns going forward as the overall market has grown stagnant after a historic rebound from the pandemic hit. “In terms of my long-term outlook, to be honest […]
Warren Buffett says the pandemic has had an ‘extremely uneven’ impact and is not yet over
(CNBC) Legendary investor Warren Buffett said the economic consequences of the pandemic are falling disproportionately on small businesses and the unpredictability of Covid-19 is far from over. “The economic impact has been this extremely uneven thing where… many hundreds of […]
A key indicator shows we are past peak inflation fear, supporting the stock market rally
(CNBC) One of the biggest fears investors have faced this year is the threat that inflation could run amok and thwart the post-pandemic economic recovery. But over the past month, those fears have abated significantly, and a chart diagramming the […]
Stocks should add to gains in the second half, but there are two big concerns
(CNBC) Stocks are expected to move higher in the second half of the year, propelled by strong earnings gains and super-charged economic growth. The market’s gains, however, are not expected to be as robust as in the first half, when […]
Widespread inflows continue into hedge funds
(Opalesque) Investors added an estimated $12.01 billion into hedge funds in May, lifting 2021 net inflow to $39.12 billion. Performance was accretive to asset levels and total estimated industry AUM increased to $3.570 trillion, said eVestment. If the picture in […]
Virtus acquires credit specialist Stone Harbor
(Opalesque) Virtus Investment Partners, a multi-boutique asset management shop, has agreed to acquire Stone Harbor Investment Partners, a manager of emerging markets debt, multi-asset credit, global corporates, and other strategies with $15.4 billion of assets under management. To read this […]
Top investment strategist David Roche warns the Fed could burst a market ‘bubble’
(CNBC) As the S&P 500 notches record highs despite the backdrop of potential monetary tightening and the new delta Covid-19 variant, veteran investor David Roche says investors should be wary of the bubble bursting. To read this article:
Morgan Stanley doubles its dividend as most banks raise payouts following Fed stress tests
(CNBC) Morgan Stanley, the Wall Street powerhouse, doubled its quarterly dividend and announced a new $12 billion stock repurchase plan. The bank said Monday that its dividend will jump to 70 cents a share starting in the third quarter, and […]