Category Archives: Syndicated
Global dividends are under pressure, but they still offer long-term opportunity
(CNBC) What could lie ahead for dividend ETFs as corporations cut payouts. Companies have been slashing shareholder payouts as the coronavirus pandemic slows economic activity and weighs on an assortment of industries, which hasn’t boded well for dividend-based exchange-traded funds. […]
U.S. stock futures fall as Wall Street takes a breather from week’s rally
(CNBC)Futures contracts tied to the major U.S. stock indexes fell in the overnight session Wednesday evening as investors took a breather from Wall Street’s robust gains so far this week. Dow Jones Industrial Average futures fell 127 points, implying an […]
Hedge fund redemptions skyrocket in March as investors pull USD85bn amid Covid-19 pandemic fears, new data shows
(Hedgeweek) Investors pulled more than USD85 billion out of hedge funds during March – some 2.7 per cent of total industry assets globally – amid growing fears over the economic impact of the coronavirus pandemic, new data from BarclayHedge shows. […]
New BlackRock research points to ESG resilience during coronavirus downturn
(Hedgeweek) As sustainable investing and ESG (environmental, social, and governance) trends continue to soar among hedge funds, new research by BlackRock suggests a majority of ESG-tilted investment portfolios have outperformed non-sustainable counterparts during this year’s coronavirus-fuelled downturn. To read this […]
Lighthaven Capital to donate 25 per cent of performance fees to fund Covid-19 research
(Hedgeweek) Traditional long/short fund Lighthaven Capital has committed to help in the fight against coronavirus by donating 25 per cent of its performance fees to fund research into Covid-19. Here, Founder and CIO Eric Cheung explains how a forward-thinking outlook […]
Dow futures gain as investors watch for earnings from Target, Lowe’s and Fed minutes
(Marketwatch) U.S. stock-index futures were pointing to modest gains on Wednesday as investors get set to review quarterly corporate results from retailers Target and Lowe’s. An account of the Federal Reserve’s most recent policy meeting, released later in the session, […]
How a $4.8 trillion ‘war chest’ will signal the end of the coronavirus crisis
(Marketwatch) Investors should pay close attention to how the accumulation of greenbacks in money-market funds grows or shrinks in the coming weeks.That’s the advice from Hans Mikkelsen, who says the immense uncertainty around the COVID-19 pandemic has led businesses and […]
CBO projects 38% drop in GDP, $2.1 trillion increase in the deficit
(CNBC) The Congressional Budget Office released its own bleak outlook Tuesday for economic growth, unemployment and the federal budget, predicting job gains later this year but an overall climate that will remain subdued through 2021. In its latest projections, the […]
Long-short ETFs offer investors a ‘smarter way to hedge,’ fund manager says as demand rises
(CNBC) Long-short ETFs see rising interest — AdvisorShares CEO breaks down the strategy ETF investors are looking to hedge their bets.Demand has been rising for long-short exchange-traded fund in recent weeks as buyers grew more concerned about weak economic conditions […]
California governor says he’s not worried about Musk moving Tesla out of state ‘anytime soon’
(CNBC) California Governor Gavin Newsom on federal aid and economic recovery California Gov. Gavin Newsom told CNBC on Tuesday that he is “not worried” about Tesla CEO Elon Musk moving the company’s operations out of the state. “I’m also not […]
JPMorgan Plans to Close Four ETFs That Mimic Hedge-Fund Styles
(Bloomberg) JPMorgan Chase & Co. is planning to close a handful of ETFs that echo strategies used by hedge funds.The $22.6 million JPMorgan Long/Short ETF (JPLS), the $53.9 million JPMorgan Managed Futures Strategy ETF (JPMF), the $53.8 million JPMorgan Diversified […]
Powell, Mnuchin to face Senate grilling on U.S. coronavirus response
(Reuters) – The U.S. government’s handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Senate Banking Committee. To read […]