Category Archives: Syndicated
Investor fears rise over recession, bear market as coronavirus spreads in U.S.
NEW YORK (Reuters) – The words “bear market” and “recession” are being used with increasing frequency as investors try to assess how badly the coronavirus outbreak will damage global growth and to what extent it could further weigh on asset […]
U.S. stock futures sink by 5% down limit after crude rout
(Reuters) – U.S. stock futures plunged 5% to hit their daily down limit and halt trading after the biggest single-day loss in oil futures in almost 30 years on Sunday exacerbated fears of a credit crunch across financial markets. To […]
86% of private equity investors plan to maintain or increase capital commitments in 2020
(Opalesque) Investors on the hunt for yield continued to commit capital to private equity in 2019, boosting total fundraising to $595bn, according to a study. To read this article:
Stocks battered by Treasury rally as virus sparks shake out
(Reuters) – Asian shares and U.S. stock futures tumbled on Friday as disruptions to business from the coronavirus worsened, stoking fears of a prolonged global economic slowdown. To read this article:
Leading venture capital firm Sequoia Capital warns of coronavirus “black swan”
(Reuters) – Sequoia Capital, one of the world’s top venture capital firms, sent a note to the founders and CEOs of its companies on Friday describing the coronavirus as “the black swan of 2020” and urging them to brace for […]
Market volatility erodes CTAs’ recent gains
(Hedgeweek) Trend-following hedge fund strategies’ strong start to 2020 was eroded during last month’s market volatility, leaving CTAs down for February and flat year-to-date. To read this article:
Alternatives investor appetite holds steady in the face of challenging market conditions
(Opalesque) Strong performance across most asset classes has kept satisfaction high, according to Preqin: Preqin’s Investor Outlook: Alternative Assets, H1 2020* finds that investors are generally satisfied with performance in 2019. A minimum of 71% of investors in each private […]
CalSTRs CEO set to retire
(Opalesque) CalSTRS CEO Jack Ehnes will retire in September. Ehnes made the announcement during a board meeting at the pension system today. Ehnes joined CalSTRS as CEO in February 2002. To read this article:
Reverence Capital Partners hits a $1.2bn hard cap for financial services fund
(Opalesque) Financial services-focused Reverence Capital has hit a $1.2bn hard cap for the final close of its latest investment vehicle, Reverence Capital Opportunities Fund II. The New York-based firm was initially seeking $750m for Fund II but was able to […]
Hedge fund Brevan Howard made gains across firm in February
(Reuters) – Billionaire Alan Howard’s hedge fund generated gains across the firm in February as many peers struggled in the wake of coronavirus. London-based Brevan Howard’s main fund, which bets on macroeconomic events, made 5.2% in February, generating gains of […]
New York-area banks, insurers and funds step up coronavirus preparation
(Reuters) – Financial firms in New York City were testing remote-work capabilities, implementing new travel restrictions and canceling or modifying upcoming events as the coronavirus outbreak – already on the finance capital’s doorstep – showed little sign of abating. To […]
Ackman hedges to protect against coronavirus’ ‘negative’ impact
(Reuters) – Billionaire hedge fund investor William Ackman on Tuesday said he has moved to protect the firm’s $6.6 billion portfolio, which includes restaurant chain and hotel stocks, as the spread of the coronavirus has sparked prolonged panic selling in […]