(Hedgeweek) Investors have continued to withdraw capital from hedge funds following disappointing returns – but newly-launched products aimed at tapping into this year’s market dislocations could be boosting renewed allocator interest, new research by eVestment shows. To read this article:
Category Archives: Syndicated
Low-volatility ETF cuts exposure to utilities, adds to health care, technology — what it means for investors
(CNBC) Low-volatility ETF gets a revamp. What it means for investors. One of the top low-volatility ETFs just got a revamp.The Invesco S&P 500 Low Volatility ETF (SPLV), a portfolio of 100 S&P stocks that have exhibited the lowest levels […]
Investors are dangerously downplaying coronavirus and trade risks, Wilmington Trust’s Meghan Shue warns
(CNBC)Trade tensions with China will ramp up, Wilmington Trust’s Meghan Shue warns. Just as the economy is trying to reopen, the market is facing a new risk: Renewed trade tensions with China. Wilmington Trust’s Meghan Shue warns the threat is […]
How the Coronavirus pandemic influenced hedge fund flows in April
(Opalesque Industry Update – Investors redeemed an estimated $18.1 billion from hedge funds in April. Outflows follow March’s large redemptions further pushing YTD flows negative, now estimated at $31.1 billion YTD. Performance lifted overall AUM to just below $3.0 trillion, […]
Hedge fund AUM reaches $3.31tn as of 31 March 2020, down by 9.4% from Q4 2019
(Opalesque)The 2020 coronavirus pandemic around the world has severely affected the global economy causing economic distress on the hedge fund industry in Q1. Industry assets under management (AUM) fell by 9.4% from Q4 2019 to $3.31tn as of 31 March […]
80% of asset owners adopted sustainable investment practices
(Opalesque) The percentage of asset owners that have adopted sustainable investment practices rose to 80% in 2019 from 70% in 2017, said a survey.According to a new survey by the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Investment […]
Stock futures point to little change on Wall Street ahead of Trump’s U.S.-China news conference
(CNBC) Stock futures slipped early Friday morning as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump.Dow Jones Industrial Average futures dipped 127 points, implying a Friday opening dip of around 25 points. S&P 500 […]
Elon Musk earns first performance-based payout from Tesla, worth more than $700 million
(CNBC)Tesla confirmed that CEO Elon Musk earned the first tranche of his massive incentive payout, in a document filed with the Securities and Exchange Commission on Thursday.The tranche is comprised of about 1.7 million shares of Tesla, and would be […]
Goldman Sachs unintentionally sparked a war with cryptocurrency evangelists
(CNBC)Goldman Sachs isn’t convinced there’s a case for investing in cryptocurrencies like bitcoin. Crypto evangelists — perhaps unsurprisingly — aren’t impressed with its assessment. The U.S. bank’s consumer and investment management division released a slide deck ahead of an investor […]
IMF says pandemic may skew economic data and cause them to be less accurate
(CNBC) Key economic indicators may be skewed, and perhaps less accurate, as a result of the coronavirus pandemic, according to the International Monetary Fund. To read this article:
Billionaire Icahn exits Hertz with ‘significant’ loss after bankruptcy filing
(Reuters) – Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a “significant loss” days after it filed for bankruptcy protection. According to a regulatory […]
With $4 million VC raise fresh in hand, SMArtX takes next step to shed Black Diamond shadow by hiring a president/COO who casts his own
(RIABiz) Just two months after it raised $4 million to seed a business model shift, SMArtX is hiring as president a former Northern Trust executive to sell to his former peer group. To read this article: