Category Archives: Syndicated

U.S. stock futures slip slightly as stimulus negotiations continue

(CNBC) U.S. stock futures dipped on Sunday evening as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington. Futures for the Dow Jones Industrial Average and the S&P 500 lost about 0.2%, while those […]

Deciphering what Nelson Peltz is up to with his big moves in the investment management space

(CNBC) Independent investment management company. Invesco provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. Its Jemstep solution provides wealth management home offices and their […]

Hedge funds stumble in September, as stormy markets bring five-month surge to an end

(Hedgeweek) Hedge funds have suffered their first monthly loss since March, as fears over the growing spread of coronavirus in Europe and the US – combined with the imminent presidential election and uncertainty over the US economy – weighed down on managers […]

AT&T’s WarnerMedia to layoff thousands of employees at Warner Bros. as part of restructuring

(Marketwatch) AT&T Inc.’s WarnerMedia subsidiary is preparing a restructuring aimed at cutting costs by as much as 20%, resulting thousands of employees losing their jobs, according to a report in The Wall Street Journal. Citing people familiar with the matter, […]

With $20 billion in deals this year, Morgan Stanley pivots further away from risky Wall Street

(CNBC) Morgan Stanley CEO James Gorman has just completed a pivot that began more than a decade ago. With the announcement Thursday that Morgan Stanley is acquiring investment manager Eaton Vance for $7 billion, Gorman is adding heft and scale […]

Top J.P. Morgan advisor increases cash position, cites stimulus gridlock risks as major reason

(CNBC) J.P. Morgan Securities’ Colleen O’Callaghan is taking steps to protect portfolios from an economic setback. O’Callaghan warns the domino effect from coronavirus aid gridlock on Capitol Hill is the biggest risk facing Wall Street right now. As a result, […]

Billionaire wealth reaches a new high of $10.2tn amid COVID-19 crisis

(Opalesque) Billionaire wealth reached record high levels amid the COVID19 pandemic, a report by Swiss bank UBS and accounting firm PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world’s […]

Pelosi, Mnuchin speak about broad stimulus bill as White House sends mixed signals

(CNBC) House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke about a broad coronavirus stimulus plan Thursday, capping another day of jumbled efforts in Washington to inject more aid into a floundering economy.  Pelosi and Mnuchin had a 40-minute afternoon […]

The worst is not behind any airline’: Qatar Airways CEO warns more collapses coming for industry

(CNBC) The outlook for the airline industry continues to be bleak, and one CEO has issued a particularly devastating warning on its future as fears mount over a potential second wave of coronavirus infections this fall and winter.  “The worst is […]

Stocks look to be setting up for a year-end rally despite election worries and lack of stimulus

(CNBC) Even with election year volatility and no stimulus package in sight, it looks like the stars are aligning for a fourth quarter stock market rally. Technical analysts say they see underlying trends that signal strength and further gains, including […]

Artificial intelligence could help fund managers monetise data but will conservatism hold back the industry?

(HedgeWeek) Technological advances are shaping the way asset management firms operate, as they look for ways to introduce artificial intelligence applications to monetise data, and improve automation from the front to the back office. To read this article:

Billionaire hedge fund manager Ray Dalio shares his China strategy

(CNBC) Many investors have cut their exposure to China in 2020. But one billionaire hedge fund manager has a strategy that begins with “balance. Ray Dalio told CNBC on Wednesday that the way to play the Chinese market is to […]