(CNBC) President-elect Joe Biden’s choice of Janet Yellen as Treasury Secretary was seen as a win for markets, since the former Federal Reserve chair should focus on fixing the economy rather than the progressive Democratic agenda feared by some investors. […]

(Opalesque) Several hedge fund strategies have momentum biases, in particular L/S Equity, and CTAs. Because this rotation took place in a bullish environment, most hedge fund strategies ended the week in positive territory, said Lyxor. To read this article:

(CNBC) Stock futures climbed in overnight trading on Monday following a strong session on Wall Street boosted by positive vaccine news. Futures on the Dow Jones Industrial Average gained 200 points. S&P 500 futures rose 0.6% and Nasdaq 100 futures […]

(Reuters) – Private equity firm Elliott Capital Advisors said on Monday it made a non-binding proposal to Aryzta’s board of directors on Nov. 18 to acquire all outstanding shares of the Swiss frozen baked goods maker, but Aryzta said discussions […]

(Reuters) – A blank-check company backed by private equity firm Apollo Global Management Inc is looking to raise $250 million in a U.S. initial public offering, the company said on Monday. Spartan Acquisition Corp. II is aiming to sell 25 […]

(Reuters) – After the panic comes the bailout. And after the bailout comes the reckoning. In 2008, governments rescued banks and then embarked on a decade-long overhaul to ensure they would never need to do so again. This year’s pandemic-induced […]

(Reuters) Blackstone Group Inc is seeking to raise at least $5 billion for its second private equity fund focused on Asia, Bloomberg News reported on Sunday, citing people familiar with the matter. With this new vehicle, Blackstone plans to more […]

(CNBC) JPMorgan economists now see an economic contraction in the first quarter due to the spreading coronavirus and related restrictions being imposed by states and cities. The new forecast is a departure from Wall Street’s widely held view that the […]

(Hedgeweek) The strong market moves sparked off by the recent coronavirus vaccine breakthrough brought gains and losses across the hedge fund spectrum over the past week, as investors fled momentum-based stocks and piled into value-based companies. To read this article:

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for November 2020 measured 3.63 per cent, up from 2.84 per cent in October. To read this article:

(CNBC) Dow Jones Industrial Average futures were higher in overnight trading on Sunday, even as Covid-19 cases rise in the U.S. and abroad. Futures contracts tied to the Dow advanced 112 points for a gain of 0.38%. S&P 500 futures […]

(HedgeCo.Net) The Securities and Exchange Commission has charged a San Francisco, California-based e-commerce start-up and its chief executive officer with misleading investors about purported contracts with well-known consumer brands. According to the SEC’s complaint, from 2018 to 2020, Andrew J. […]