Category Archives: Syndicated
A crisis is coming, and Americans are woefully unprepared
(Hedgeweek) By James McDonald, CEO/CIO of Hercules Investments – America is in bad shape. While the rest of the world seems to be moving past the Coronavirus, the US is still experiencing record deaths nationwide. Americans continue to struggle just […]
Brookfield raises a record $23bn during Q2 2020
(Opalesque) The global alternative asset manager Brookfield Asset Management has raised a record $23 billion during the second quarter and expects to accelerate the pace of investments after the disruption caused by Covid-19. Chief executive Bruce Flatt said that Brookfield […]
Wall Street’s top analysts see stocks like Dropbox and Lumentum as compelling opportunities
(CNBC) With the S&P 500 back up near record highs, it can be a challenge to find stocks that still have further room to rally. The danger is that valuations can become inflated, leading stocks to pullback if the mood […]
SS&C GlobeOp Hedge Fund Performance Index up 1.82% in July
(Opalesque) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2020 measured 1.82%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.55% in August. “SS&C GlobeOp’s Capital Movement Index for August […]
Here’s how Robinhood is raking in record cash on customer trades — despite making it free
(CNBC) Robinhood is raking in more money than ever on customer trades as new investors flood the stock market during the pandemic. Despite not charging customers to trade, the Silicon Valley start-up made $180 million off trades in the second quarter — […]
Family office VC investment and allocation on the rise
(Opalesque) Over the last decade, family offices have been increasing allocations to venture and building in-house venture investment capabilities, primarily stemming from strong historical returns, said a study. According to SVB and Campden Wealth report, on average, venture investments constitute […]
MicroStrategy buys $250m in bitcoin, making the crypto as a primary treasury reserve asset
(Opalesque) Nasdaq-listed software firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency. Disclosing its bitcoin buy alongside an equivalent stock buyback in a Tuesday Securities and Exchange Commission […]
Stock futures rise slightly after S&P 500 struggles to reach February record high
(CNBC) U.S. stock futures rose slightly on Thursday night after the S&P 500 failed once again to reach its record high from February. Dow Jones Industrial Average futures were up 48 points, or 0.2%. S&P 500 and Nasdaq 100 futures […]
U.S. multiemployer pension plan funding drops to 82%
(Opalesque) The aggregate funding ratio of multiemployer defined benefit plans in the U.S. dropped to 82% as of June 30, down from 85% at the end of 2019, said a study. According to Milliman’s Multiemployer Pension Funding Study (MPFS), the […]
Cisco falls on disappointing quarterly guidance as revenue continues to drop
(CNBC) Cisco shares fell about 6% in extended trading on Wednesday after the maker of computer networking equipment provided a disappointing forecast. CEO Chuck Robbins told analysts during a conference call on Wednesday that the company’s chief financial officer, Kelly […]
Depression-like collapse is sparking a wartime-type boom, market bull Jim Paulsen predicts
(CNBC) Stocks may see a super-sized comeback deep into next year. The Leuthold Group’s Jim Paulsen sees the depression-like collapse setting the stage for a wartime-type boom. “It forced companies to just knee-jerk react — to cut everything they could to […]
Credit hedge fund Palmerston’s Jesse McCormick discusses Covid-19’s impact on business functions
(Hedgeweek) From the historic stock market sell-off and volatility surge that wreaked havoc on investment portfolios during March to the continued working-from-home practices which have thrown up various operational obstacles spanning technology, cybersecurity and infrastructure, the coronavirus crisis has upended […]