Category Archives: Syndicated
Hedge fund Angelo Gordon raising $1.5 billion for distressed energy debt
(Reuters) – Hedge fund Angelo Gordon & Co aims to raise as much as $1.5 billion to buy the debt of distressed oil and gas companies, according to a person familiar with the matter and an investor presentation viewed by […]
Hedge funds turn bullish on crude, remain cautious on fuels
(Reuters) – Hedge funds continue to bet on a recovery in oil prices, but their bullishness is concentrated on crude, especially U.S. crude, while refined fuel markets are expected to take longer to tighten. To read this article:
A look inside the Fed’s $1.307bn ETF allocation – 7 iShares ETFs account for 48% of the assets
(Opalesque)-The Federal Reserve announced on March 23rd that it would purchase corporate bonds for the first time in its 107-year history. The Federal Reserve Bank of New York announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin purchases […]
Stock futures fall as investors assess economy reopening amid civil unrest
(CNBC) As unrest hits fragile recovery, BTIG’s Julian Emanuel warns this group will be hit hardest. Stock futures fell in overnight trading on Monday as investors grappled with civil unrest around the country as states try to reopen the economy […]
Scotiabank Canadian Hedge Fund Index ends April +4.90% (-2.3% YTD) on an asset-weighted basis
(Opalesque) The Scotiabank Canadian Hedge Fund Index ended April 2020 up 4.90% MOM on an asset-weighted basis and up 6.59% MOM on an equal-weighted basis. To read this article:
Investors should brace for a 15%-20% downdraft due to escalating risks, BTIG’s Julian Emanuel warns
(CNBC) The risk has clearly risen,’ BTIG’s Julian Emanuel warns.BTIG’s Julian Emanuel has warning for investors: Brace for a 15% to 20% pullback. Emanuel, who came into 2020 as one of Wall Street’s biggest bulls, sees a stock market out […]
Why the stock market is up amid chaos in the streets
(CNBC) Racial strife, a global pandemic and a rising stock market are common to the years 2020 and 1968. The current market is increasingly driven by dispassionate computers that run on algorithms, and investors who at least in theory are […]
Bloomberg and JP Morgan launch post-trade workflow solution
(Hedgeweek) JP Morgan’s Securities Services and Bloomberg are collaborating on a solution that transforms the post-trade workflow through direct front-to-back process, product, and data integration. To read this article:
Madoff court battle rages on, heading to the Supreme Court
(Opalesque) Bernie Madoff was convicted of fraud in 2009, but the court battle to recover money lost by investors continues on. Today the Supreme Court will decide if it is going to hear arguments that would allow Irving Picard, the […]
Hedge fund AUM falls to $3.31tn as investors redeem $31bn in Q1:
(Opalesque) Preqin, a provider of data on investments in alternative assets, said that hedge fund industry’s assets under management (AUM) have declined by 9.4% from Q4-2019, to reach $3.31 trillion at the end of March 2020. “This is the first […]
This could be the year’ for active management, says NYSE head of exchange-traded products
(CNBC) NYSE ETF chief talks the state of the industry as assets under management climb.It could be an A-list year for active management.Douglas Yones, head of exchange-traded products at the New York Stock Exchange, says 2020 could be a breakout […]
Stock futures slip, with Wall Street set to give back some of May’s strong gains
(CNBC) U.S. stock futures fell on Sunday night as Wall Street was set to kick off June trading on a sour note after consecutive monthly gains. Dow Jones Industrial Average futures traded 39 points lower, or 0.15%. S&P 500 and […]