Category Archives: Syndicated
Global VC investment drops from $65.6bn in Q4 2019 to $61bn in Q1 2020, despite five $1bn+ mega deals
(Opalesque) Global VC investment in Q1 2020 dip quarter-over-quarter with US$61 billion raised, though five $1 billion+ mega-deals propped up total investment value, said a study. According to KPMG, the volume of global VC deals declined 27%, falling from 5,820 […]
Natural resources investors mull exposure to a wider spread of regions in 2020
(Opalesque) The fund searches and mandates issued by natural resources investors in Q1 2020 suggest a more cautious approach to the coming year, revealed Preqin in its Quarterly Update on Natural Resources. The majority (53%) of fund searches are for […]
Report breaks down COVID-19- and energy-related U.S. CLO CreditWatch negative placements
(Opalesque) Since March 20, 2020, S&P Global Ratings has placed 252 U.S. collateralized loan obligation (CLO) tranche ratings on CreditWatch with negative implications, primarily due to the economic downturn associated with COVID-19 and the related social distancing measures that have […]
Senate passes $484 billion coronavirus bill for small business and hospital relief, testing
(CNBC) The Senate on Tuesday passed a $484 billion package to bolster small businesses and hospitals ravaged by the coronavirus pandemic and expand testing for Covid-19. After the unanimous Senate vote, the bill heads to the House, which aims to […]
Bruised hedge funds tentatively looking for risk again
(Reuters) – After a tough March, some hedge funds, emboldened by early signs of the coronavirus outbreak peaking in some of the biggest U.S. hot spots, have begun tentatively adding to risk. Worries over the economic hit from the virus […]
Stock futures little changed as Wall Street struggles to rebound from two days of steep losses
(CNBC) U.S. stock futures in early morning trade pointed to slight gains at the open on Wednesday, following recent weakness in markets aggravated by oil’s massive decline. Dow futures rose 18 points, indicating a gain of about 40 at the […]
Meltdown in oil continues as Brent plunges more than 15%
(CNBC) Oil prices continued to plummet Wednesday as concerns over limp demand and limited remaining storage capacity lingered. In the afternoon of Asian trading hours, international benchmark Brent crude futures dropped 15.57% to $16.32 per barrel. Meanwhile, the June contract […]
Speculative bet or inflation hedge? Bitcoin in the coronavirus crisis
(Reuters) – Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance to speculative bets and bids to hedge against inflation linked to stimulus measures. To read this […]
Net sales of equity funds take a hit as Covid-19 crisis breaks out
(Opalesque) The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for February 2020. Bernard Delbecque, Senior Director for Economics and Research […]
Mixed outlook for L/S equity and short-selling, says Lyxor
(Hedgeweek) Lyxor’s L/S Equity Neutral peer group was down -2.8 per cent year-to-date, hurt by extreme trading conditions and the constituents’ average market beta of 20 per cent, according to the latest Weekly Brief by the company’s Cross Asset Research […]
U.S. taxpayers set to be major investors in the struggling airline industry
(Marketwatch) The U.S. taxpayer will be a major player in the struggling airline industry, as many carriers are set to receive government aid with conditions as they grapple with the fallout from the COVID-19 pandemic. The aid will help provide […]
Hedge Funds Suffer Largest Quarterly Withdrawals Since 2009
(Bloomberg) Investors pulled a net $33 billion from hedge funds in the first quarter, the most in more than a decade. To read this article: