Category Archives: Syndicated

Blackstone’s hedge fund investments tumble 8 per cent during “unprecedented” Q1 sell-off

(Hedgeweek) Blackstone saw its hedge fund performance fall more than 8 per cent during a torrid first quarter – but the world’s largest alternative investment manager has grown its overall assets over the past year, and now has USD150 billion […]

Stock futures positive as oil declines and traders weigh prospects of re-opening the economy

(CNBC) Stocks futures were higher on Sunday night, as oil prices fell, while investors assessed the possibility of re-opening the global economy after the coronavirus outbreak. Dow Jones Industrial Average futures were up 113 points, implying a Monday opening gain […]

White House economic advisor Kevin Hassett says unemployment rate will approach Great Depression

(CNBC) White House economic advisor Kevin Hassett warned on Sunday that unemployment could hit levels not seen since the Great Depression as the economy contracts dramatically while businesses in most parts of the nation remain shuttered due to the coronavirus […]

Boeing’s big week includes first-quarter results and government aid deadline

(CNBC) In the next week, Boeing will hold its annual meeting, report first-quarter results and face the application deadline for a multi-billion dollar aid package from the federal government. To read this article:

Trend-following hedge funds continue to advance

(Hedgeweek) Trend-following hedge fund strategies are maintaining their recent positive momentum, with Société Générale’s CTA indices broadly showing further gains in April as fresh turmoil in commodities markets underpin continuing market uncertainty. To read this article:

ORIX USA agrees MBO at Mariner Investment Group

(Hedgeweek) ORIX Corporation USA (ORIX USA) is to sell Mariner Investment Group (Mariner) to Curtis Arledge, Mariner Chairman and CEO, William Michaelcheck, Mariner Founder, Partner and Co-Chief Investment Officer and other senior members of the firm. To read this article:

Discretionary macro hedge funds weather economic turmoil

(Hedgeweek) Many discretionary macro managers are successfully capitalising on the continuing global economic upheaval, with solid first quarter gains that may hint at a reversal of fortunes for a strategy beleaguered by assorted challenges and high-profile closures in recent years. […]

House passes $484 billion bill to boost small businesses and hospitals, sends it to Trump

(CNBC) The House passed a $484 billion package Thursday to bolster small businesses and hospitals ravaged by the coronavirus crisis and expand testing desperately needed to start the return to normal life. To read this article:

Dow futures decline following Wall Street’s roller-coaster session

(CNBC) Dow Jones Industrial Average futures fell 100 points, implying a Friday opening decline of about 169 points. S&P 500 and Nasdaq 100 futures also pointed to Friday opening losses for the two indexes. To read this article:

New York’s Cuomo to McConnell on state bankruptcy: Watch the market tank

(Reuters) – New York Governor Andrew Cuomo on Thursday derided Senate Republican leader Mitch McConnell’s suggestion that states whose finances are depleted by the coronavirus epidemic could declare bankruptcy as a “really dumb” idea and warned that financial markets would […]

Trend-following hedge funds continue to advance

(Hedgeweek) Trend-following hedge fund strategies are maintaining their recent positive momentum, with Société Générale’s CTA indices broadly showing further gains in April as fresh turmoil in commodities markets underpin continuing market uncertainty. To read this article:

Hedge Funds Are on Defense and Testing the Stamina of a $5 Trillion Stock Rally

(Bloomberg) — It’s a fundamental characteristic of the rally that has restored $5 trillion of equity value in a month. As encouraging as the gains have been, they’re occurring in a market where people give every indication of being convinced […]