Category Archives: Syndicated
Global deal activity rebounded in Q2 2020 to 3,812 deals while funding decreased to $50.2bn
(Opalesque) Globally, deal activity rebounded in Q2’20 to 3,812 deals while funding decreased to $50.2b. Funding and deals are down 13% and 9% YoY, respectively, said a report. Asia saw the largest quarterly increase in deals, rising 20% in Q2’20. […]
SPACs enjoying a purple patch as Ackman raises IPO target
(Hedgeweek) Investors like Bill Ackman are bringing SPACs back into vogue and while the size and sophistication of these ‘blank-check’ companies is evolving, it is unlikely to signal a long-term structural shift. To read this article:
Wealthy Americans have less doubt about market rally, economy, but still fear stock investing
(CNBC) The U.S. stock market recovered from the March bottom so fast that many wealthy investors are not sure what move to make next. Millionaire investors are more upbeat about the market and economy than they were one quarter ago. […]
Warren Buffett reaps $40 billion from giant Apple stake since March bottom
(CNBC) An off-brand move to pile into Apple shares might have been Warren Buffett’s greatest trade ever. Berkshire Hathaway’s Apple stake — which is now 40% of its equity portfolio — is up a whopping $40 billion since the market […]
SS&C GlobeOp Hedge Fund Performance Index returns 2.51 per cent for June
(Hegeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2020 measured 2.51 per cent. To read this article:
Barclay CTA Index loses 0.22% in June
(Opalesque) Rebounding equity and energy markets caught some in the managed futures industry on the wrong foot in June, leading the CTA industry to a 0.22% monthly loss, according to the Barclay CTA Index, compiled by BarclayHedge, a division of […]
Hedge fund industry gains 2.04 per cent in June, saysBackstop BarclayHedge
(Hedgeweek) Hedge funds continued their positive ways in June, riding a continuing stock market recovery and reopening economies to a 2.04 per cent monthly return, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. […]
Stock futures rise slightly as Wall Street tries to recover from Thursday’s drop
(CNBC) U.S. stock futures were up slightly Thursday night following a volatile session in that snapped a four-day winning streak for one of the major averages. Dow Jones Industrial Average futures gained 91 points, or 0.3%. S&P 500 futures climbed […]
KKR taps $1.3bn Global Impact Fund to invest in Australian carbon offset business Greencollar
(Opalesque) Global private equity giant KKR has backed Australian carbon offsetting specialist GreenCollar through its $1.3bn Global Impact Fund, which is focused on generating risk-adjusted returns by investing in companies that contribute toward the United Nations Sustainable Development Goals (SDGs). […]
Macquarie sees the dollar weakening ahead of U.S. presidential election
(CNBC) Macquarie Group’s Gareth Berry told CNBC on Friday: “The U.S. dollar was meant to be a safe-haven currency … But we have had episodes in the past where the dollar has weakened around political events in the U.S. … […]
Dow futures jump more than 200 points after Moderna says its vaccine produces antibodies to coronavirus
(CNBC) Stock futures climbed higher in overnight trading on Tuesday after Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hope for a faster economic recovery. Futures on the Dow Jones Industrial Average jumped […]
Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response
(CNBC) Moderna’s shares soared after the company said its potential vaccine to prevent Covid-19 produced a “robust” immune response in all 45 patients in its early stage human trial, according to newly released data published Tuesday evening in the peer-reviewed […]