Category Archives: Syndicated
Dow futures plunge almost 1,000 points as Trump speech disappoints investors
(CNBC) Futures contracts tied to the major U.S. stock indexes fell on Wednesday night after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus. Dow futures were down 1,032 points, indicating […]
Fund managers join central bankers in call for fiscal response to virus woes
(Opalesque) Fund managers are joining central bankers in the push for a fiscal response to the economic uncertainty surrounding coronavirus. Markets rebounded slightly on Tuesday, after plunging on Monday’s news that the virus had worsened in Italy and the US. […]
87% infrastructure investors say 2019 met or exceeded their expectations
(Opalesque)Infrastructure investors are pleased with recent performance, but concerns over asset pricing are pushing them further up the risk spectrum, said a report. According to Preqin, the vast majority of surveyed investors are happy with the performance of their infrastructure […]
AXA IM to incorporate Chorus hedge fund business in new alternative investment platform
(Hedgeweek) AXA Investment Managers (AXA IM) has unveiled plans to incorporate its Chorus hedge fund business into a new global alternative investment platform to be known as AXA IM Alts. To read this article:
OPIM launches Waterflow global macro fund
(Hedgeweek) Asian hedge fund platform OP Investment Management Limited (OPIM), is partnering with Waterflow Capital to launch Waterflow Fund SPC, which is Cayman-domiciled and for professional investors only. To read this article:
As S&P 500 selloff approaches 20%, what next?
(Reuters) – Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. So what? To read this article:
Top financial advisory firm warns clients about coronavirus ‘complacency’ in Congress
(CNBC) Financial advisory firm Signum Global Advisors, following meetings with lawmakers on Capitol Hill, has told clients not to expect a solution to coronavirus-related market turmoil to come from Washington. To read this article:
Trump vows ‘major’ steps to aid U.S. economy amid coronavirus rise
(Reuters) – President Donald Trump on Monday said he will be taking “major” steps to gird the economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday. To read […]
Dow futures point to opening surge of more than 700 points after Trump floats payroll tax cut
(CNBC) Stock futures rose early Tuesday morning after the S&P 500?s worst day since the financial crisis.Futures on the Dow Jones Industrial Average gained 669 points, indicating an opening jump of more than 710 points on Tuesday. S&P 500 futures […]
Think it’s bad now? Wait a month, says hedge-fund manager Kyle Bass
(Marketwatch) Kyle Bass, chief investment officer of Hayman Capital Management, believes “this too shall pass,” when it comes to Monday’s deep selloff — the Dow Jones Industrial Average DJIA, -7.78% was down more than 2,100 points — but he’s in […]
KKR says employee tests positive for coronavirus, shuts London offices
(Reuters) – Private equity firm KKR & Co Inc said late on Monday an employee in its London office had tested positive for coronavirus, and that it would temporarily close both its London offices to have them sanitized. “Our London […]
Ackman’s Pershing Square gains nearly 3% in early 2020, warns of volatility
(Reuters) – William Ackman’s publicly traded hedge fund gained nearly 3% this year, though the billionaire investor warned of volatility ahead as world markets reel under the economic hit from the coronavirus epidemic.Pershing Square Holdings Ltd on Monday said NAV, […]