Category Archives: Syndicated

Stanley Druckenmiller says he wouldn’t want to be short market, sees stock rotation continuing

(CNBC) Billionaire investor Stanley Druckenmiller advised investors against being short the stock market as positive news on the coronavirus front has jolted a big rotation out of growth and into value names. To read this article:

Unlisted infrastructure AUM to grow at a CAGR of 4.5% from $639bn in 2020 to $795bn in 2025

(Opalesque) Preqin forecasts that unlisted infrastructure assets under management (AUM) will grow at a CAGR of 4.5% from $639bn in 2020 to $795bn in 2025. Among investors surveyed by Preqin, 56% expect to increase their allocations to infrastructure in the […]

Short sellers lost billions as travel and leisure stocks rallied Monday

(Reuters) – Short sellers betting against European and U.S. travel, leisure and bank stocks lost billions of dollars on Monday, after news of a COVID-19 vaccine triggered a rally in shares of companies that have suffered under months of virus-fueled […]

Bridgewater’s Dalio supports Ant IPO suspension, bullish on China

(Reuters) – Ray Dalio, founder of Bridgewater Associates, expressed support on Wednesday for China’s abrupt decision to suspend Ant Group’s record $37 billion listing, citing the need to curb risks from financial innovation. To read this article:

Apollo Global funds to buy Great Canadian Gaming for $1.66 billion

(Reuters) – Great Canadian Gaming Corp GC.TO said on Tuesday that Apollo Global Management APO.N would acquire the company for about C$2.16 billion ($1.66 billion) through funds managed by its affiliates. To read this article:

Hedge funds continued to outperform the global equity market under market risk-off environment

(Opalesque) The Eurekahedge Hedge Fund Index was down 0.16% in October 2020, outperforming the global equity market as represented by the MSCI ACWI (Local), which lost 2.29% over the same period. Global equities ended the month in negative territory due […]

Hedge fund allocations start to revive as Covid-19 crisis proves industry’s worth to investors

(Hedgeweek) Investor allocations to hedge funds have fallen for the third consecutive year – but the industry’s ability to weather economic turbulence and market volatility through active management will continue to attract investor attention, according to two new industry studies. To […]

Stock futures edge higher amid market rotation out of growth

(CNBC) U.S. equity futures were higher in overnight trading on Tuesday, amid this week’s rotation out of technology stocks into cyclical names. Dow futures added 92 points. S&P 500 futures and Nasdaq 100 futures both traded in mildly positive territory. […]

How the MiFID II review and Covid-19 are reshaping the hedge fund operational landscape

(Hedgeweek) With certain aspects of the EU’s ongoing MiFID II review affected by the coronavirus pandemic, Hedgeweek explores how a fresh overhaul of the framework may further impact hedge fund operations, and why the Covid-19 crisis may provide an easing […]

Hedge fund AUM to increase 19.6% from 2020 to 2025, at a CAGR of 3.6%, says Preqin

(Opalesque) Preqin said that it expects hedge funds to hold onto their position as the second-largest alternative asset class in 2025, despite relatively weak growth in assets under management (AUM) due to continued outflows. AUM growth will be the lowest […]

Hedge funds fend off election uncertainty and coronavirus spikes to finish October in positive territory

(Hedgeweek) Hedge funds have notched up positive returns in recent weeks, positioning around the investment uncertainty surrounding the US presidential election and fresh Covid-19 lockdowns with gains inversely correlated to the sharp stock market declines seen at the end of […]

Stock futures flat in overnight trading following a record-setting rally on promising vaccine news

(CNBC) Stock futures held steady in overnight trading on Monday following a record-setting rally sparked by promising news on a coronavirus vaccine. Futures on the Dow Jones Industrial Average dipped 20 points. S&P 500 futures fell 0.1% and Nasdaq 100 […]