Category Archives: Syndicated
Ares Management closes special opportunities fund at $3.5bn
(Opalesque) The global alternative investment manager Ares Management closed its Ares Special Opportunities Fund (ASOF) at $3.5 billion. The private debt fund well exceeded its $2 billion fundraising target, according to a press release from the firm operating integrated businesses […]
Tide may be turning for market neutral hedge funds
(Hedgeweek) Equity market neutral hedge fund strategies could be set for a reversal of fortunes, as trading conditions normalise towards 2020’s midway point. To read this article:
Stock futures drop, with Wall Street set for more pain after Wednesday sell-off over virus fears
CNBC) Stocks futures were lower in overnight trading on Wednesday, following a steep market sell-off triggered by intensifying worries about a coronavirus resurgence. Futures on the Dow Jones Industrial Average dropped 132 points. S&P 500 futures and Nasdaq 100 futures […]
Coronavirus spike is likely pushing stocks into a 10% correction,
(CNBC) It appears the market is at a critical juncture. Federated Hermes’ Phil Orlando warns there are three near-term risks that could drag stocks into a correction. His biggest concern surrounds the spike in coronavirus cases in several states.“The situation […]
Dow drops more than 700 points in worst day since June 11 as virus resurgence concerns grow
(CNBC) Stocks fell as number of coronavirus cases continues to rise in U.S.—Here’s what three experts say about reopening Stocks fell sharply on Wednesday as the increasing number of newly confirmed coronavirus cases dampened expectations of an economic recovery. To […]
Investing legend Burton Malkiel on day-trading millennials and the end of the 60/40 portfolio
(Marketwatch) There aren’t many books about investing that remain relevant over 40 years after they were first published. Burton Malkiel’s A Random Walk Down Wall Street, first published in 1973 and now in its twelfth edition, is one. Malkiel’s observation […]
The era of stock buybacks could be over, economist Jim O’Neill says
(CNBC) The coronavirus pandemic has created an opportunity for governments and companies to address social and environmental goals, according to former Goldman Sachs Asset Management Chairman Jim O’Neill. O’Neill said companies could be moving into a new era of “stakeholder […]
Manager due diligence in times of Covid-19
(HedgeWeek) By Patrick Ghali, managing partner and co-founder, Sussex Partners – A lively debate is currently taking place amongst allocators as to whether onsite due diligence and face-to-face meetings are still necessary given the current environment. The simple answer must […]
LoCorr’s Macro Strategies Fund reaches USD1bn in total assets
(Hedgeweek) The LoCorr Macro Strategies Fund (LFMAX, LFMCX, LFMIX), has surpassed the milestone of USD1 billion in net assets. To read this article:
Pandemic prompts 84% money managers to keep offices closed, says survey
(Opalesque) Offices remained closed for 84% of the money managers surveyed, with the vast majority of employees working remotely across essentially all firms, said a survey. According to the survey from investment consultant Callan, 41% of those managers were uncertain […]
Will the value of webinars in the hedge fund industry outlast COVID-19?
(Opalesque) By Donald A. Steinbrugge, CFA, founder and CEO, Agecroft Partners, LLC. Live conferences have consistently been popular within the hedge fund industry. However, most of the attendance has been dominated by a few high-profile industry conferences like SALT, Delivery […]
SoftBank plans to sell up to $21 billion worth of T-Mobile stock
(CNBC) SoftBank will sell up to about 198 million shares of T-Mobile stock worth about $21 billion, the telecom company announced Monday. The sale, which represents about 65% of SoftBank’s stake in T-Mobile, is part of SoftBank’s efforts to free […]