Category Archives: Syndicated
AIMA CEO Jack Inglis sees hedge fund “renaissance” next year as ESG, blockchain and digitalisation accelerate changes
(Hedgeweek) 2021 will see an “acceleration of trends” across the hedge fund industry, according to Jack Inglis, CEO of the Alternative Investment Management Association, with the sector becoming more digitalised and more socially conscious, as managers play an “integral part” […]
Asset manager group aims for carbon neutral investments by 2050
(Reuters) A group of 30 asset managers with more than $9 trillion under management launched the Net Zero Asset Managers Initiative on Friday to help clients ensure their portfolios are carbon neutral by 2050. To read this article:
Oracle’s stock shakes off decline after upbeat forecast
(Marketwatch) Oracle Corp. shares declined in after-hours trading Thursday despite better-than-expected quarterly earnings results but then rebounded after the company’s forecast also surpassed expectations. To read this article:
Airbnb IPO raises at least $3.5 billion, challenging DoorDash and Snowflake for largest IPO of the year
(Marketwatch) Airbnb Inc. pulled off one of the largest initial public offerings of 2020 despite a pandemic that laid waste to much of the travel industry. The lodging-booking platform priced its initial public offering at $68 a share Wednesday, the […]
FTC and states sue Facebook, could force it to divest Instagram and WhatsApp
(CNBC) The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday. The suits target two of Facebook’s major acquisitions: Instagram and WhatsApp. To read this article:
CANDRIAM and New York Life Investments Alternatives take a minority stake in Kartesia
(Opalesque) CANDRIAM, and its sister affiliate New York Life Investments Alternatives, announced today a strategic partnership with Kartesia Management SA, a European specialist provider of private capital solutions for small and mid-sized companies, and the related acquisition of a minority […]
U.S. stock futures rise slightly after falling from record highs as stimulus talks stall
(CNBC) U.S. stock index futures were slightly higher in overnight trading on Wednesday as investors continued to assess progress on additional stimulus measures, as well as developments on the Covid-19 vaccine front. Futures contracts tied to the Dow Jones Industrial […]
Hedge Fund Up 121% Sees Zillow, Snowflake as Next-Gen Faangs
(Bloomberg) Eric Jackson’s long-short fund has more than doubled this year because of profitable bets on tech firms that thrived when the coronavirus hit. Now he’s on the hunt for a new generation of growth stocks. To read this article:
Jamie Dimon says he wouldn’t touch Treasurys with a 10-foot pole at these rates
(CNBC) JPMorgan Chase CEO Jamie Dimon said that low-yielding Treasurys are a poor investment right now. “I would not be a buyer of Treasurys,” Dimon said Tuesday at an annual Goldman Sachs financial services conference. “I think Treasurys at these […]
Hedge fund firms top the list of the top-performing investment company sectors in 2020
(Opalesque) Hedge Funds is the top-performing investment company sector in the year to date, revealed a new study. According to the Association of Investment Companies (AIC), the sector produced a 56% return in the 11 months to November compared to […]
CTAs post strong performance in November as global markets rally
(Opalesque) CTAs recorded gains across all different strategy styles in November 2020 as global markets rallied, with the broad-based SG CTA Index ending up 1.27%, and SG Trend index positive 1.18% bringing it back to nearly flat for the year. […]
Short sellers crushed by November rally as bearish hedge funds lose $1.5 billion on FTSE 100 bets
(Hedgeweek) Hedge funds betting against FTSE 100 companies suffered losses of almost USD1.5 billion last month, as bearish equity positions were struck down amid November’s strong stock market rally. To read this article: