Category Archives: Syndicated

A new golden age”: Why industry pioneer Dixon Boardman believes hedge funds are now the place to be

(Hedgeweek) For Dixon Boardman, the CEO and founder of Optima Asset Management and renowned fund-of-hedge funds pioneer, the dramatic turbulence that shocked markets earlier this year is unlike anything ever seen during his three decades-plus of investing. To read this […]

Bill Ackman: ‘We are long-term bullish on America’ but betting against high-yield companies

(CNBC) Billionaire investor Bill Ackman told CNBC on Wednesday he’s bullish on the U.S. and markets over the long term, but companies with a high debt will have a hard time surviving as the country struggles to reopen fully. To […]

Stock futures hold steady, Microsoft sheds 2.2% after reporting earnings

(CNBC) Futures contracts tied to the major U.S. stock indexes held steady during the overnight session Wednesday evening as investors parsed through a slew of corporate earnings during an otherwise positive week. Dow Jones Industrial Average futures fell 13 points, […]

“An excellent tool”: New study by AIMA and Simmons & Simmons probes ESG short-selling ethics

(Hedgeweek) Short selling is essential in enabling investors to hedge against ESG risks, and has bolstered market transparency by uncovering corporate wrongdoing and environmental negligence, according to a new study by the Alternative Investment Management Association and global law firm […]

Microsoft revenue grew 13% despite coronavirus

(CNBC) Microsoft shares fell as much as 3% in extended trading Wednesday after the company reported better-than-expected fiscal fourth-quarter earnings that exceeded analysts’ expectations, although quarterly revenue guidance was lighter than expected. To read this article:

Tesla reports fourth straight quarter of profits

(CNBC) Tesla just reported its second-quarter results. Shares rose more than 4% after hours as the company beat expectations and reported its fourth straight quarter of profits. Here’s how Elon Musk’s electric car and renewable energy business did versus analysts’ […]

Hedge funds see May outflows of $8bn

(Opalesque) Hedge fund redemptions continued to decline from their COVID-19 pandemic-fueled peak of $85.6 billion in March. Net redemptions in May were $8.0 billion, 0.3% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division […]

Hedge fund assets surging as investor redemptions ease amid performance recovery

(Hedgeweek) Hedge fund assets have risen sharply in the past three months, as strategy performance recovers and investors scramble to capitalise on opportunities emerging amid the post-Covid sell-off environment. To read this article:

Blackstone’s Strategic Partners racks up $3.75bn for third infrastructure fund

(Opalesque) Strategic Partners, the secondary arm of private-equity giant Blackstone Group Inc., has raised $3.75 billion for a new vehicle focused on secondhand stakes in infrastructure funds. The new vehicle, Strategic Partners Infrastructure III, is the largest pool ever raised […]

Jeff Bezos added $13 billion to his net worth in one day—and that’s a record

(CNBC) Jeff Bezos had a pretty lucrative day. The billionaire Amazon CEO set a record when his net worth jumped by $13 billion in just one day, on Monday, according to Bloomberg. The Bloomberg Billionaires Index put Bezos’ estimated net […]

E-brokers TD Ameritrade, Interactive Brokers sustained record retail trading volumes in the second quarter

(CNBC) Retail trading sustained record volumes during the second quarter, as stocks roared back from the depths of the coronavirus market rout, according to quarterly reports from online brokers TD Ameritrade and Interactive Brokers. TD Ameritrade said Tuesday it added […]

Stock futures rise slightly ahead of major technology earnings

(CNBC) U.S. stock futures rose slightly in overnight trading ahead of major technology earnings from Microsoft and Tesla on Wednesday. Dow futures rose 80 points. The S&P 500 and Nasdaq-100 futures rose 0.2% and 0.15%, respectively. A few disappointing company […]