Category Archives: Syndicated
Hedge-fund manager Kyle Bass under SEC scrutiny over criticism of Texas real-estate lender
(Marketwatch) Kyle Bass’s market bet against a Texas real-estate lender seemed like an astute move. Throughout 2015, the hedge-fund manager accused the lender, United Development Funding, of operating like a Ponzi scheme. Authorities opened civil and criminal investigations into UDF, […]
Hedge fund Elliott Management shifts to elephant hunting as fund size balloons
(CNBC) Until fairly recently, activist hedge fund Elliott Management’s core technology investing strategy was pretty straightforward: Target a smallish company known for selling software to businesses, agitate for a sale — sometimes by offering to buy the company — and […]
After big sell-off, stock market will be wary of virus and Fed testimony in week ahead
(CNBC) Fed Chairman Jerome Powell’s two days of Congressional testimony is a highlight in the week ahead, and markets will watch him with a wary eye after the Fed’s sober assessment of the economy spooked investors.Retail sales is the most […]
CTA hedge funds retreat further following recent May losses
(Hedgeweek) Managed futures strategies slipped deeper into the red over the past week, having already started to give back many of their early strong 2020 gains last month – but short-term trend followers appear to have weathered the recent reversal. […]
Dow futures drop more than 300 points as Wall Street set to extend last week’s sharp losses
(CNBC) Stock futures fell in overnight trading on Sunday, pointing to more losses ahead, as investors grapple with signs of a second wave of coronavirus cases amid the reopening economy. Futures on the Dow Jones Industrial Average dropped about 350 […]
Asset managers neglecting risks of biodiversity loss
(Opalesque) Report from ShareAction finds that none of the world’s 75 largest asset managers have a dedicated biodiversity policy, while many are still underplaying climate risks. The report by London based NGO pointed out that asset managers have a lot […]
Lessons learned: How luck, as well as skill, drove CTAs’ performance during the historic coronavirus sell-off
(Hedgeweek) Managed futures strategies experienced an entire year’s worth of performance dispersion during a dramatic first three months of 2020, with trend-following hedge funds’ returns hinging as much on luck as skill, a new deep-dive analysis by multi-manager CTA portfolio […]
Impact investment market reached $715bn heading into 2020
(Opalesque) The $715 billion global impact investing market, or assets devoted to investing to achieve positive social and environmental impact as well as a financial return, is maturing, driven by strong performance and better measurement said a study. To read […]
Hedge fund Jana Partners takes stake in Perspecta, eyes changes
(Reuters) – Activist hedge fund Jana Partners on Thursday disclosed a new stake in Perspecta Inc (PRSP.N), which provides information technology services to government customers, and said it will speak with executives about changes that could lead to a merger […]
Healthcare hedge fund Rhenman eyes further gains after second double-digit return
(Hedgeweek) Rhenman & Partners Asset Management, a Stockholm-based sector-specialist hedge fund firm, says 2020 is poised to be “a good year” for its flagship healthcare strategy, after it posted a double-digit return for the second month in a row. To […]
Hedge funds managers up 2.16% in May, cut YTD loss to 2.53
(Opalesque) Hedge fund managers were up 2.16% in May, reducing their year-to-date loss to 2.53%, said Eurekahedge. Market optimism towards the resumption of economic activities and supportive monetary and fiscal policies boosted the performance of risk assets during the month. […]
Tech’s big five lost nearly $270 billion in value in Thursday’s market plunge
(CNBC) The five most valuable tech companies lost more than $269 billion in value on Thursday, the worst day for U.S. stocks since March. Microsoft was the biggest loser, shedding more than $80 billion in value as shares dropped more […]