Category Archives: Syndicated
Stock futures dip after bank stress test results, Nike reports surprise loss
(CNBC) U.S. stock futures slipped on Thursday night following the release of the Federal Reserve’s latest bank stress-test results and disappointing quarterly numbers out of Nike. Dow Jones Industrial Average futures dipped 89 points, or 0.4%. S&P 500 fell marginally […]
White House ‘very seriously considering’ another stimulus bill
(Marketwatch) The Trump administration is “very seriously considering” another stimulus bill as the coronavirus pandemic continues, Treasury Secretary Steven Mnuchin said Tuesday Night. To read this article:
Pandemic lockdown is accelerating hedge fund outsourcing trends
(Hedgeweek) The trend towards outsourcing – a continually evolving sphere within the global hedge fund industry – is likely to have been further accelerated by the coronavirus pandemic, as managers embrace the ‘digital-first’ approach brought about by the coronavirus lockdown, […]
L/S Credit and Special Situations strategies outperform in June
(Opalesque) Lyxor Peer Groups suggest hedge fund performance was flat mid-June. Equity-related strategies underperformed and CTA/ Market Neutral L/S outperformed due to the brief risk-off episode on June 11 when the S&P 500 fell -5.9% in a day. “On a […]
Hedge fund titan Ackman seeks $3 bn for largest-ever blank-check company
(Reuters) Billionaire investor William Ackman is looking to raise $3 billion and commit at least $1 billion from his hedge fund Pershing Square Capital Management LP for a new blank-check investment vehicle, the largest of its kind. To read this […]
COVID risk likely to outlast U.S. stimulus – Bridgewater CIO
(Reuters) – U.S. stimulus efforts may be able to support corporate cash flows for the summer, but economic risk from the coronavirus pandemic is likely to extend far beyond that, Bridgewater Associates Co-Chief Investment Officer Bob Prince said on Wednesday. […]
Private equity professionals wake up to ESG, says study
(Opalesque) An overwhelming majority (88%) of private equity investors plan to step up their efforts to manage and measure ESG performance in their portfolio companies over the next two years, said a study. However, almost half (46%) of those canvassed […]
Dollar wobbly as PMI data stokes hopes for global recovery
(Reuters) – The dollar was under pressure on Wednesday, after upbeat data in Europe boosted the euro and helped stoke hopes for a global economic recovery, underpinning investor appetite for riskier currencies. To read this article:
Dyal Capital to borrow against fund investments to pay out windfall,
(Reuters) – Dyal Capital Partners is nearing a $1 billion loan against the fee revenue of private equity firms in which it has acquired stakes and will use the proceeds to return cash to its investors.The loan pertains to investments […]
Some investors are making the biggest bet against the stock market in nine years
(CNBC) The net short position in E-mini S&P 500 futures is growing and is now at a level it was last at in 2011.The short position could be a contrarian signal for the market, meaning stocks could keep rising.However, one […]
Major bank turns bullish on global stocks despite a resurgence in coronavirus cases
(CNBC) It may be time to add global exposure to your portfolio.UBS Global Wealth Management’s Alejo Czerwonko sees upside going abroad despite a surge in coronavirus cases. “We expect them to be fairly well-handled by health systems worldwide,” the firm’s […]
Stock futures edge higher after Nasdaq Composite notches new record
(CNBC) Futures contracts tied to the major U.S. stock indexes edged higher Tuesday evening as Wall Street looked to add to healthy gains clinched earlier in the week. Dow Jones Industrial Average futures added 45 points, suggesting an open gain […]