Category Archives: Syndicated
Does Tuesday’s rebound mark the bottom for markets? Investors says one key piece is missing
(CNBC) In market terms, think of the coronavirus sell-off as a three-legged stool where if one of the legs isn’t firmly attached, the whole thing will tip over. The first leg is monetary policy, and that comes in the form […]
Mnuchin hopes deal is ‘very close’ on $2-trillion coronavirus aid package in U.S. Senate
(Reuters) – The U.S. Treasury secretary and the Senate Democratic leader voiced confidence late on Monday for a deal to be reached soon on a far-reaching coronavirus economic stimulus package that had been stalled in the U.S. Senate as lawmakers […]
Dow futures rise about 500 points as Senate haggles over virus bill
(Cnbc) Futures contracts tied to the major U.S. stock indexes posted a modest rise in overnight trade on Monday evening. Dow Jones Industrial Average futures rose 482 points, implying an opening gain of around 517 points. S&P 500 and Nasdaq […]
Investors should be pragmatic during the Coronavirus crisis
(Hedgeweek) Zehrid Osmani, manager of the Martin Currie Global Portfolio Trust, gives his market outlook and suggests how investors should approach the current pandemic… To read this article:
70% of institutional investors say coronavirus affect their daily investment-related operations
(Opalesque) About 70% of surveyed institutional investors said that the outbreak is affecting their daily investment-related operations, including current trade executions and forecasting investments, and pacing plans for the remainder of the year. To read this article:
Hedge funds eye buying opportunities, capital raises as markets selloff
(Opalesque) Markets are selling off, but some hedge fund managers are finding buying opportunities and a few shops are raising new funds in order to participate in the recovery. To read this article:
If Congress doesn’t act now on a coronavirus aid package, BTIG’s Julian Emanuel sees stocks plunging another 20%
(CNBC) If Congress doesn’t immediately pass a coronavirus aid package designed to help the U.S. economy, he warns it’ll spark more damage to an already battered market. “We’re in this situation where politics seems to be getting in the way,” […]
Oil slump overwhelms hedge-fund short covering
(Reuters) – Hedge funds continued to sell petroleum in the middle of March but at a diminishing rate as some managers began to buy back previous short positions – anticipating a rebound that never came. To read this article:
Ping An leads $146m capital raise for iCapital
(Opalesque) iCapital Network the financial technology platform leading the industry in driving access and efficiency in alternative investing, today announced it closed a $146 million capital raise to fuel its future growth. Ping An Global Voyager Fund led the round, […]
Germany tells hedge funds: make no mistake, we’ll protect our companies
(Reuters) – Germany quickly wants to get aid to companies struggling with the impact of coronavirus, Economy Minister Peter Altmaier said on Monday, adding that Berlin was ready to protect firms from unwanted takeovers with a new fund during the […]
The Dow is on pace for its worst month since the Great Depression
(Marketwatch) The month of March has rolled in like a ferocious lion for bullish stock-market investors, leaving little but carnage in its aftermath, as uncertainties about the effects of the coronavirus outbreak abound. The decline for the Dow Jones Industrial […]
Dow futures drop more than 600 points, briefly hit ‘limit down’ as investors await a stimulus agreement
(CNBC) U.S. stock futures plunged again on Sunday night as Wall Street waits on Washington to agree to an economic stimulus and rescue plan to combat the giant economic blow from the coronavirus outbreak. Dow Jones Industrial Average futures fell […]