Category Archives: Syndicated
Healthcare hedge fund Rhenman sees sector dispersion as Coronavirus grips markets
(Hedgeweek) Rhenman & Partners Asset Management, the Stockholm-based hedge fund firm which invests in global healthcare stocks, says the industry has not been shielded from the impact of Covid-19 – though different sub-sectors have been impacted in markedly different ways. […]
Hedge funds reverse two-month redemption trend with USD21.2bn inflows in January
(Hedgeweek) The hedge fund industry experienced USD21.2 billion in inflows in January, reversing a two-month redemption trend in a turnaround from December’s USD29.0 billion in redemptions. To read this article:
JPMorgan Chase says it will close 20% of its branches because of the coronavirus pandemic
(CNBC) JPMorgan Chase will temporarily close about 20% of its branches and reduce staffing in the ones remaining in response to the coronavirus pandemic. To read this article:
‘Hell is coming’ — Bill Ackman has dire warning for Trump, CEOs if drastic measures aren’t taken now
(CNBC) Investor Bill Ackman urged President Donald Trump and corporate America in an impassioned plea on CNBC to shut down the country for 30 days to contain the fast-spreading coronavirus, calling it the only option to rescue the economy. To […]
Dow futures drop more than 700 points, pointing to another day of declines on Wall Street
(CNBC) Futures contracts tied to the major U.S. stock indexes fell Wednesday evening, signaling another day of declines for Wall Street.The Dow Jones Industrial Average futures were 793 points lower, implying an opening drop of 689.92 points. S&P 500 and […]
Federal Reserve to shore up prime money market funds amid Wall Street rout
CNBC) The Federal Reserve took another page out of its 2008 crisis-era playbook late Wednesday evening, invoking its emergency authority to create a backstop for prime money market mutual funds. To read this article:
Seven ways the effects of the coronavirus will impact the hedge fund industry
(Opalesque) The changing landscape caused by the Coronavirus will lead to the largest shake out in the hedge fund industry since the 2008 market crash. Below are some of the ways we believe the Coronavirus will impact the hedge fund […]
Taking a long-term investment view is the only way to navigate this period
(Opalesque) We can make no clear conclusions on how much further markets may decline. We do know that this panic will subside but don’t know if it will accelerate before it subsides. Anyone claiming the ability to be able to […]
Barclay CTA Index Posts 0.22 per cent Loss in February
(Hedgeweek) The managed futures industry reversed course in February, turning from January’s gains into negative monthly territory losing 0.22 per cent, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. To read this article:
New York hedge fund says it is “simply not exposed” to mainstream markets
(Opalesque) By avoiding popular hedge fund strategies, a New York-based fund manager has so far avoided the widely experienced losses. Morgan Stanley analysts estimated that hedge funds across all strategies were down an average of 7.6% YTD versus a decline […]
Dow futures fall nearly 500 points after market rebounded on hopes for $1 trillion stimulus
(CNBC) Stock futures fell in overnight trading on Tuesday as the markets remained highly volatile with the government response to the coronavirus fallout unfolding. As of 11:29 p.m. ET, futures on the Dow Jones Industrial Average fell 486 points, indicating […]
Preqin All-Strategies Hedge Funds benchmark suffered significant loss of -2.21% in February
(Opalesque) The global outbreak of COVID-19 and falling oil prices hit hedge funds hard in February, said Preqin. The Preqin All-Strategies Hedge Funds benchmark suffered significant losses (-2.21%) in February, compared to January’s modest gains (+0.62%), caused by the global […]