Category Archives: Syndicated
Global deals nosedives by 15.2% to 4,720 in April 2021
(CNBC) Global deal activity declined by 15.2% in April 2021, said a study. A total of 4,720 deals (comprising mergers & acquisitions, private equity, and venture financing) were announced globally during April 2021, which is a decline of 15.2% over […]
Credit Suisse says stocks appear poised for a ‘deeper correction’
(CNBC) Stocks around the world are consolidating and there could be more losses ahead, says Credit Suisse’s Ray Farris. The data is becoming “much choppier” as global growth momentum approaches a peak. “We’re probably going into a deeper correction in […]
A 10% correction could grip stocks through summer, Canaccord’s Tony Dwyer warns
(CNBC) It may be too early to look for bargains in the market. According to Canaccord Genuity’s Tony Dwyer, stocks are likely in the midst of a 10% downturn that could last months and hurt the reopening trade. To read […]
Cryptocurrencies are close to reaching a big milestone versus gold
(CNBC) Crypto bulls have long championed bitcoin as a modern-day replacement for gold, and by one measure, the new market is already close to surpassing bullion in that respect. The total value of the cryptocurrency market now stands above $2 […]
Investor Inflows hit $9 Billion as Hedge Funds See Trade Volumes Surge
(Hedgeweek)Event driven strategies topped the hedge fund performance chart during the first three months of the year, as the industry drew some $9 billion in new capital in Q1 and saw trading volumes surge, new analysis by hedge fund asset […]
Hedge funds up 2.14 per cent in April, says Backstop Barclay Hedge
(Hedgeweek) The hedge fund industry added to its gains in April, returning 2.14 per cent as the industry posted a sixth consecutive month in the black, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop […]
Emerging markets hedge fund Pembroke unveils UCITS strategy
(Hedgeweek) London-based global long/short equity hedge fund Pembroke Emerging Markets is rolling out a UCITS version of its Cayman strategy to tap into growing investor demand for uncorrelated emerging markets exposure. To read this article:
Stock futures are flat ahead of more retail earnings
(CNBC) U.S. stock futures were flat in overnight trading on Tuesday ahead of more retail earnings. Dow futures fell about 25 points. S&P 500 futures dropped 0.1% and Nasdaq 100 futures rose 0.05%. On Tuesday, the major averages ended the […]
Only one of 2020’s top five hedge funds in the the top five so far in 2021
(Hedgeweek) Using data from HFR and Eurekahedge, AlternativeSoft selected five funds with the highest 2020 returns to see if simple momentum has generated strong returns in 2021. To read this article:
Hedge funds return 2.14%, up 7.06% YTD
(Opalesque) The hedge fund industry added to its gains in April, returning 2.14% as the industry posted a sixth consecutive month in the black, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison the S&P 500 Total […]
AT&T announces $43 billion deal to merge WarnerMedia with Discovery
(CNBC) Telecom giant AT&T announced Monday a deal to combine its content unit WarnerMedia with Discovery, creating Hollywood’s biggest studios to compete with media giants Netflix and Disney. AT&T will unwind its $85 billion acquisition of Time Warner, and form […]
Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla
(CNBC) Famed investor Michael Burry on Monday revealed in a regulatory filing a short position against Tesla worth more than half a billion. Burry, one of the first investors to call and profit from the subprime mortgage crisis, is long […]