Category Archives: Syndicated
Bank stocks surge after regulators ease Volcker Rule, JPMorgan Chase climbs 2%
(CNBC) U.S. banking regulators are about to ease restrictions created in the aftermath of the Great Recessions, a development that sent bank stocks surging Thursday.Federal Deposit Insurance Commission officials said on a call that they are loosening the restrictions from […]
Singapore Exchange to pay $128 million to fully acquire FX trading platform
(Reuters) Reuters) – Singapore Exchange Ltd (SGX) said on Monday it would pay about $128 million to buy the 80% stake it does not own in trading platform, BidFX, as it seeks to build its presence in foreign exchange futures […]
Short-sellers increase bets against Wirecard as hedge funds eye bigger pay-off from crisis-hit company’s demise
(Hedgeweek) Hedge funds are holding off from closing their short positions in crisis-hit e-payments firm Wirecard AG – with some even increasing their bets – in expectation that its share price will tumble yet again, boosting short sellers’ returns even […]
Intu short bets set to pay off for hedge funds as debt-laden retail operator calls in administrators
(Hedgeweek) A number of hedge fund short-sellers look set to gain from troubled shopping centre operator Intu Properties’ fall from grace, with shares in the London-based real estate investment trust sliding again on Friday (26 June) following news that the […]
Hedge fund industry AUM sits near $3.05tn in May
(Opalesque) A report by eVestment said that investor flows were near flat in May, with net inflows of an estimated $1.71 billion into hedge funds. Total estimated industry assets rose again due to performance gains as AUM sits near $3.05 […]
Wall Street is underpricing a Joe Biden presidential win, Wells Fargo’s Chris Harvey warns
(CNBC) Wells Fargo Securities’ Christopher Harvey believes the market is underestimating a major risk — and it’s not the coronavirus. According to the firm’s head of equity strategy, a Joe Biden presidential win could throw Wall Street a curve ball […]
Short-sellers increase bets against Wirecard as hedge funds eye bigger pay-off from crisis-hit company’s demise
(Hedgeweek) Hedge funds are holding off from closing their short positions in crisis-hit e-payments firm Wirecard AG – with some even increasing their bets – in expectation that its share price will tumble yet again, boosting short sellers’ returns even […]
Hedge fund flows remain high amidst market volatility: eVestment
(Opalesque) Investor flows were near flat in May, with net inflows of an estimated $1.71 billion into hedge funds. Total estimated industry assets rose again due to performance gains as AUM sits near $3.05 trillion, said eVestment. The net flow […]
ETFGI reports assets invested in ESG ETFs and ETPs listed globally reached a new record of $82bn at the end of May 2020
(Opalesque) ETFGI, the independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of US$4.33 billion during May, bringing year-to-date net inflows […]
Financial advisors embrace virtual route as prospecting takes a hit during the pandemic
(Opalesque) Two-thirds of advisors have scaled back on prospecting for new clients during the first few months of COVID-19. Technology has become a vital tool for investment firms to conduct business, which includes prospecting and marketing activities. A recent survey […]
Clearlake acquires majority stake in CLO specialist WhiteStar
(Opalesque) Private equity firm Clearlake Capital Group has acquired a majority stake in credit manager WhiteStar Asset Management, that specializes in collateralized loan obligations (CLO). To read this article:
Survey finds New York investment managers bullish on return to office in 2020
(Opalesque) A majority of alternative investment managers (54%) expect to fully return to their offices by the end of the calendar year, according to The Seward & Kissel Alternative Investment Manager COVID-19 Survey, a survey of managers of hedge funds, […]