Category Archives: Syndicated
KKR raises $15 billion in Asia’s biggest fund as buyout-backed deals rise
(Reuters) Private equity powerhouse KKR & Co said on Tuesday it has raised $15 billion for its fourth Asia-Pacific focused fund, marking the region’s biggest private equity fund at a time when buyout-backed deals are on the rise. U.S.-based KKR […]
New industry study finds hedge funds buoyant in 2021 after overcoming Covid challenges
(Hedgeweek) The Global Hedge Fund Benchmark Survey: Beyond the Horizon’ probed manager performance, investor sentiment, future challenges, and alignment of interests, among other things. The wide-ranging study is part of an ongoing research series into the health of the hedge […]
Institutional investors add risk assets back into portfolios, says study
(Opalesque) Sovereign wealth funds and other institutional investors added risk assets back into portfolios as the COVID-19 pandemic lingers, said a study. A report by the International Forum of Sovereign Wealth Funds (IFSWF) and State Street found that investors have […]
Carl Icahn names former GE executive Kekedjian to lead Icahn Enterprises, WSJ reports
(CNBC) Carl Icahn has named former General Electric executive Aris Kekedjian to take the helm at his namesake investment firm, Icahn Enterprises, the billionaire businessman told The Wall Street Journal in an interview published on Sunday. Kekedjian, the chief investment […]
Dow futures jump more than 100 points after blowout jobs report
(CNBC) Stock futures climbed in overnight trading on Sunday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout. Futures on the Dow Jones Industrial Average jumped 136 points. S&P 500 futures rose 0.4% […]
Stocks gain, U.S. short-dated debts under pressure after bumper U.S. jobs data
(Reuters) Global stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while short-dated U.S. bonds came under pressure on worries the Federal Reserve may bump up interest rates sooner than it […]
Wall St Week Ahead-High-flying market to take cues from infrastructure plans, upcoming earnings
(Reuters) U.S. President Joe Biden’s massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs. The S&P 500 scaled 4,000 for the first […]
CFTC official advises stricter oversight of funds managing family wealth
(Reuters) The Commodity Futures Trading Commission (CFTC), the top U.S. swaps regulator, should reverse its loosening of oversight of family offices, a Democratic commissioner said on Thursday in response to the blowup of Archegos Capital. The downfall of the family […]
Why the Archegos debacle is raising renewed fears of market excesses
(Hedgeweek) The collapse of Archegos Capital Management, which is set to bring hefty losses to a number of exposed investment banks, has again thrown the spotlight onto outsized leverage held by hedge funds and investment managers, and raises renewed fears […]
Morgan Stanley and Goldman Sachs’ roles in volatility of ViacomCBS raise questions
(CNBC) Morgan Stanley and Goldman Sachs, two of the firms at the center of the Archegos Capital Management unwinding, played a variety of roles before, during and after the margin call. That is raising questions about whether the firms should […]
Manufacturing boom brings more signs that inflation is building rapidly
(CNBC) March brought the strongest manufacturing growth in more than 37 years, and with it increasing indications about inflation pressures in the months ahead. The Institute for Supply Management’s monthly manufacturing survey registered a 64.7% reading, representing the level of […]
March jobs report is expected to be strong and show the beginning of a hiring surge
(CNBC) Americans are beginning to return to the workforce in big numbers, and that is likely to show up in the March employment report. Economists polled by Dow Jones expect to see 675,000 jobs added in March as the economy […]