(Opalesque) The pandemic has fundamentally changed how fund managers raise assets. Investors aren’t up for in-person meetings anymore, but they are still investing. Hedge funds had an estimated $13 billion of inflows in the third quarter of this year, according […]

(CNBC) In an effort to spur its lagging stock price and combat such exaggerated claims, GM made a series of investments beginning in 2016 that executives believed would position it as a “mobility” company instead of the aging dinosaur Wall […]

(Reuters) Reuters) – Billionaire hedge fund investor William Ackman said on Thursday that he expects to see market gains next year but warned there could be volatility in the months ahead as the coronavirus continues to take its toll. Ackman […]

(Opalesque) The Preqin All-Strategies Hedge Fund benchmark bounced back from September’s losses in October (+0.34%), pushing the YTD return to +5.39%. By comparison, public equities lost over the month for the MSCI ACWI (-2.43%) and the S&P 500 (-2.77%), said […]

(Reuters) – Cyber-security company FireEye Inc said on Thursday it will receive a $400 million strategic investment from private equity firm Blackstone and venture capital firm ClearSky. To read this article:

(Hedgeweek) Launched earlier this year, New York-based Ironhold Capital’s equity-focused hedge fund is seeking to capitalise on opportunities in value-oriented stocks across the US and India. To read this article:

(Reuters) – Gold prices fell on Friday after U.S. Treasury Secretary Steven Mnuchin called for an end to some of the Federal Reserve’s pandemic lending, sparking uncertainty about stimulus programmes that have played a key role in reassuring financial markets. […]

(CNBC) Stocks closed slightly higher on Thursday as traders increased their exposure to major tech names amid a rising number of coronavirus cases. The Dow Jones Industrial Average gained 44.81 points, or 0.2%, to close at 29,483.23. Earlier in the […]

(CNBC) Health and Human Services Secretary Alex Azar said Thursday that Pfizer is expected to file an application to the FDA for emergency use of its coronavirus vaccine on Friday, with Moderna soon to follow. To read this article:

(CNBC) General Motors has no plans at this time to spin off its electric vehicle business despite pressure from Wall Street to do so, GM President Mark Reuss told CNBC. Reuss said the Detroit automaker analyzed the potential of a […]

(Reuters) – A number of hedge funds sold positions in two drug companies leading the race to a coronavirus vaccine in the quarter before both announced breakthroughs that lifted their stock prices, while a few took stakes in the companies […]

(Reuters) – With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time around. To read this article: