Category Archives: Syndicated
Ackman says hedge fund up 27% year to date, dumped Berkshire
(Reuters) – William Ackman’s hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus pandemic, after the billionaire investor plowed cash into a number of companies he already owned and […]
Hedge funds target France as short-selling bans lifted
LONDON (Reuters) – A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year to calm financial markets, an analysis of regulatory filings showed. To […]
CMBS could be hit harder than the ’08 sub-prime market, says Deer Park Road CIO
(Hedgeweek) Deer Park Road is maintaining an aggressive short position in commercial mortgage backed securities as the market continues to fall because of lockdown. Although the Colorado-based structured credit manager, which was established by Michael Craig-Scheckman in 2003, expects to […]
Dow futures pop 150 points after blue-chip index rallies back above 25,000
(CNBC) Futures contracts tied to the major U.S. market indexes rose Wednesday evening as investors looked to add to Wall Street’s robust gains so far this week. Dow Jones Industrial Average futures rose 144 points, indicating an opening gain of […]
Asset managers shun traditional asset classes and line-up alternatives, multi-asset and ESG fund launches
(Hedgeweek) The UK’s largest investment managers are moving away from traditional asset classes when prioritising new product launches for 2020, according to the latest Product Trends Survey from Alpha FMC, the asset and wealth management consultancy. To read this article:
How do you select a long/short equity hedge fund manager?
(Opalesque) There has recently been increased interest in long/short equity strategies after a strong relative performance in the 1st quarter of 2020 relative to equity indices and the perception that the recent sell-off and rebound in the marketplace have created […]
Trading through the turmoil: Argonaut Capital looks to maintain momentum post-lockdown
(Hedgeweek) After generating double-digit returns during the coronavirus-fuelled market downturn with short alpha bets, Argonaut Capital Partners is now building key positions in cyclical industries to take advantage of the post-lockdown recovery. To read this article:
Stock futures fall slightly as investors weigh economy reopening and US-China tensions
(CNBC) U.S. stock futures fell slightly in overnight trading and pointed to modest losses at the open on Wednesday, as investors juggled optimism about the reopening of the economy and a possible coronavirus vaccine as well as concerns about U.S.-China […]
Stocks break through a major milestone but failed to close above it on first try
(CNBC) As the stock market surges, the S&P 500 has broken 3,000, a level that potentially signals a longer uptrend for the market.The S&P broke above its 200-day moving average, a widely watched momentum indicator less than a point below […]
Congress will ‘probably’ have to pass another coronavirus stimulus bill, Mitch McConnell says
(CNBC) Congress will “probably” have to pass more legislation to mitigate the damage from the coronavirus pandemic, Senate Majority Leader Mitch McConnell said Tuesday. To read this article:
Fed should lift caps to buy as much corporate bond ETFs as it wants, says BofA
(Marketwatch) The Federal Reserve should remove ceilings on its purchases of corporate bond exchange-traded funds to deliver on market expectations that it would scoop up hundreds of billions worth of such debt to keep credit flowing to a broad spectrum […]
Dow futures surge 400 points on hopes of a coronavirus vaccine
(CNBC)Stock futures traded higher early Tuesday morning to begin a holiday-shortened week, as optimism about a potential coronavirus vaccine built.Futures on the Dow Jones Industrial Average jumped 416 points, pointing to an implied opening jump of around 429 points. S&P […]