Category Archives: Syndicated
One River Asset Management sells stake to Brevan Howard
(Opalesque) Brevan Howard has acquired a 25% non-controlling equity stake in One River Asset Management, an asset manager dedicated to delivering high-conviction absolute-return strategies and innovative investment solutions that help institutional clients build superior portfolios. We’re extremely excited to have […]
Apollo CEO Black says he regrets ties to Epstein, denies any wrongdoing
(Reuters) Apollo Global Management Inc APO.N Chief Executive Leon Black told the buyout firm’s investors on Monday that he regretted having had ties to the late financier and convicted sex offender Jeffrey Epstein, but denied any wrongdoing or inappropriate conduct […]
Stock lenders wince as hedge funds lose their shorts
(Reuters) Short selling has declined this year as hedge funds ditch bets against a relentless, stimulus-driven stock market rally, prompting a drop in income for asset managers and brokers involved in such trades. To read this article:
SoftBank’s Rajeev Misra says Vision Fund 2 is backing a SPAC
(CNBC) SoftBank Vision Fund chief Rajeev Misra has made a living from raising money. Now he’s jumping on the latest investment bandwagon. Speaking at the 2020 Milken Institute Global Conference on Monday, Misra said he’s preparing a special purpose acquisition […]
Investment strategy based on reducing risk faces its own challenge
(Reuters) A fund trading strategy that tracks hundreds of billions of dollars in assets and often gets blamed for exacerbating market selloffs is facing a challenge from the policy response to the pandemic. But fund managers said they are adapting, […]
FoHF Returns vs Hedge Funds during Covid-19
(Opalesque) Some investment funds have done better than others during Covid-19. From data aggregated using AlternativeSoft’s investment platform, we can see that easily the best performing investments in the period Feb 2020 to Aug 2020 were Growth Mutual Funds. In […]
Snowflake draws bullish calls from Wall Street, though some analysts say stock is fully valued
(CNBC) Less than a month after Snowflake debuted on the stock market with the biggest software IPO in history, Wall Street analysts are rushing to make predictions on the cloud database company, which is already valued at over $67 billion. […]
Growing M&A momentum drives gains in Rhenman’s flagship healthcare hedge fund
(Hedgeweek) A pick-up in M&A activity within certain healthcare stocks is helping Stockholm-based global healthcare-focused hedge fund Rhenman & Partners Asset Management generate further gains in its flagship equity strategy. To read this article:
Billionaire U.S. investor Dan Och seeks $750 million for SPAC
(Reuters) Billionaire investor Daniel Och, who founded hedge fund Och-Ziff Capital Management, says that he plans to raise $750 million through a blank check acquisition vehicle, becoming the latest major hedge fund investor to launch one. Och, who started Och-Ziff […]
Morgan Stanley snaps up asset manager Eaton Vance in in $7bn deal
(Opalesque) Morgan Stanley has agreed to buy Boston-based investment manager Eaton Vance Corp for about $7 billion in a cash-and-stock deal that can quickly expand its investment-management business The Wall Street bank’s investment arm Morgan Stanley Investment Management (MSIM) will […]
A return to normal is still a long way away, warns banking billionaire Jamie Dimon
(Marketwatch) For those of you expecting the world to return to some sense of normalcy by the time 2021 rolls around, JPMorgan Chase JPM CEO Jamie Dimon has a message: We’re going to have to live with this.’ The billionaire […]
Democrats and Republicans dismiss Trump’s coronavirus stimulus offer, dimming hopes for a deal
(CNBC) Democrats in the House and Republicans in the Senate expressed opposition to President Donald Trump’s $1.8 trillion coronavirus stimulus offer over the weekend, with White House negotiators now calling for a separate vote on small business loans until the […]