Category Archives: Syndicated

Vaccines will ‘boost confidence dramatically’ and lift Treasury yields in 2021, Wells Fargo predicts

(CNBC) Wells Fargo Securities is pushing a bearish case for the prices of bonds in its official 2021 outlook. Michael Schumacher, the firm’s head of macro strategy, expects the 10-year and 30-year Treasury Note yields to move meaningfully higher due […]

U.S. futures little changed as lawmakers announce latest stimulus proposal

(CNBC) U.S. stock futures were little changed early Tuesday morning as Congress continued negotiations on another economic relief package and vaccines began to roll out across the country. Futures contracts for the Dow Jones Industrial Average gained just 13 points. […]

Alibaba and two other firms fined for not reporting deals to Chinese regulators

(CNBC) China’s market regulator has fined Alibaba and a Tencent-backed company for not making the proper declarations to authorities about past acquisitions, in another sign Beijing is taking a tougher stance on the country’s tech giants. To read this article:

Tesla tells employees Model S and X production will shut down for 18 days

(CNBC) Tesla informed employees in its Fremont, California, factory on Friday that its Model S and Model X electric vehicle production lines will close from December 24th to January 11th, according to an email seen by CNBC. To read this […]

Dow futures rise around 200 points as stocks attempt to bounce back from losing week

(CNBC) U.S. stock futures moved higher in early morning trading on Monday as markets indicated a rebound from a losing week. Investors are weighing updates on the Covid-19 vaccine rollout as well as the coronavirus stimulus stalemate in Washington. Dow […]

Three of the 10 biggest tech IPOs have happened in 2020 — including two in the last week

(CNBC) After investors spent a decade pouring money into Silicon Valley start-ups so they could keep growing while staying private, the pendulum has completely swung around, and tech IPOs are bigger than ever. Three of the 10 biggest tech IPOs […]

Asset management deals value of announced deals hit $53.4bn so far this year, a new record

(Opalesque) Asset and wealth management (AWM) deals to stay hot in the second half of 2020 as the last twelve months have marked a banner period, said a study. According to quarterly deals insights by PWC, deal volume hit a […]

Hedge funds will come to the AID of investors over next decade

(hedgeweek) Hedge fund returns for 2021 are forecast to be lower due to lower public market performance, but despite this improved operating conditions should be supportive for most hedge fund strategies to generate alpha. To read this article:

Bridgewater Associates and Lyxor to launch sustainability-focused strategy next year

(Hedgeweek) Bridgewater Associates, Ray Dalio’s long-running hedge fund giant, has paired up with French institutional manager Lyxor Asset Management to launch a new multi-asset strategy next year, based around sustainable investing. To read this article:

Hedge Funds Had a Fine Year. That’s Not Enough

(Bloomberg) Despite its enduring mystique as the smartest corner of finance, the hedge fund industry has been shrinking in recent years as investors disappointed by underwhelming returns increasingly favor lower-cost alternatives for managing their money. This year’s Covid-fueled market volatility hasn’t […]

“Digital gold”: As bitcoin soars to record highs, hedge funds are capitalising on 2020’s crypto boom

(Hedgeweek) When bitcoin hit an all-time high of some USD20,000 earlier this month, it rounded off a remarkable year for the world’s leading cryptocurrency – and fully underlined the arrival of the once-niche asset class on a rapidly-growing number of hedge […]

Global AUM set to hit $147.4tn by 2025

(Opalesque) Global assets under management run by money and wealth managers are set to grow by up to 5.6% a year by 2025, to $147.4 trillion. Money and wealth managers currently run more than $110 trillion, more than 20 times […]