(Reuters) – Even before the OPEC+ output agreement broke down on Friday, sending oil prices into a tailspin, hedge funds had launched a second wave of oil-related selling and established one of the most bearish positions since the price crisis […]

(Reuters) – Hedge fund manager Pierre Andurand began betting against oil three weeks ago due to the coronavirus outbreak, he told Reuters on Monday, reversing his multi-year bullish view. “I spent a lot of time studying this virus … In […]

(Marketwatch) Debt-laden U.S. shale-producing companies saw their bonds pummeled in Monday trading as an oil price war delivered a severe blow to the energy sector. To read this article:

(Hedgeweek) Nasdaq has acquired Solovis, a privately-held financial technology company offering multi-asset class portfolio management, analytics and reporting tools across public and private markets. To read this article:

(Hedgeweek) Oil prices plummeted on Monday morning as the impact from the coronavirus outbreak – coupled with a Saudi Arabian price cut – dragged global stock markets lower, with a number of major hedge funds standing to gain from the […]

(Opalesque)Golden Gate Capital-backed credit firm Angel Island Capital has raised around $440m for the close for AIC Opportunities Fund II. The San Francisco-based multi-strategy credit investment advisor and portfolio company said that the fund is AIC’s inaugural third-party capital investment […]

(Opalesque) The Standards Board for Alternative Investments (SBAI) has published a memo on addressing potential conflicts of interest between parallel funds, which was developed by the Standards Board’s Governance Working Group. To read this article:

(Hedgeweek) In his latest monthly blog, Joel Press, formerly a senior partner and Head of the Global Hedge Fund Practice at Ernst & Young, and a leading voice on hedge fund operations and co-ordination services, looks at how hedge fund […]

(Opalesque) Hedge funds posted mixed performance in February, led by fixed income-based Relative Value Arbitrage strategies, as global equities and commodities suffered steep declines on spreading coronavirus contagion fears. The investable HFRI 500 Relative Value Index gained +1.3 percent for […]

(Hedgeweek) The impact of the coronavirus outbreak is revealing underlying weaknesses in emerging market debt, according to Man GLG. To read this article:

SINGAPORE (Reuters) – The safe-haven yen soared, the euro jumped after U.S. treasury yields dropped and export sensitive currencies fell to multi-year lows on Monday as coronavirus fears routed global markets. To read this article:

TOKYO (Reuters) – Japan’s economy shrank more than initially estimated in the fourth quarter – by the most since the 2014 sales tax hike – exacerbating fears for economic prospects at a time when the impact of the coronavirus outbreak […]