Monthly Archives: January 2021
Wall Street hedges against possible bumps in U.S. vaccine rollout
(Reuters) As U.S. stock prices have marched to record highs, futures contracts for Wall Street’s “fear gauge” show some investors are buying insurance against market turbulence that could erupt if surprise glitches hit the U.S. rollout of COVID-19 vaccines. To […]
Global VC funding soars to $300bn in 2020, the second-highest level ever, next to 2018
(Opalesque) Global VC funding in 2020 was $300.5 billion – up from $281.6 billion in 2019 and second only to 2018’s record $329.7 billion despite a drop in deal volume. According to the KPMG Private Enterprise Venture Pulse report, despite […]
More than 50% of institutional and professional investors will have exposure to digital assets in 2021
(Opalesque) More than 50% of institutional and professional investors will have exposure to digital assets in their portfolios by year-end, said a study. This would mark 2021 as a tipping point where investors go from evaluating the opportunity to act. […]
Hedge fund asset volumes are setting new records, as uncorrelated gains draw more investor money
(Hedgeweek) Total global hedge fund assets under management have mushroomed to a record USD3.6 trillion, thanks to defensive outperformance and opportunistic gains during 2020’s upheaval – though the biggest firms continue to take the lion’s share of investor capital as smaller names […]
Mike Speiser and Sutter Hill are changing the rules for venture investing
(CNBC) Venture capitalist Mike Speiser had a historic 2020. His firm, Sutter Hill Ventures, turned an initial investment of less than $200 million in Snowflake into a stake worth $12 billion after its IPO in September. Sutter Hill amassed its […]
Stock futures jump ahead of the busiest week of earnings
(CNBC) U.S. stock index futures rose in overnight trading on Sunday, as Wall Street prepares for the busiest week of earnings, which will include reports from some of the largest tech companies. Futures contracts tied to the Dow Jones Industrial […]
How activist hedge fund Bluebell Capital is reaping rewards with large-cap Euro focus
(Hedgeweek) Founded by a team of Italian former investment bankers, London-based activist hedge fund Bluebell Capital Partners has gained impressive momentum over the past year with its focus on listed, predominantly European large-cap companies. To read this article:
Stocks will fall at least 30% in a drawn-out bear market, investor David Tice warns
(CNBC) Long-time bear David Tice has new warning for investors. He expects stocks to fall at least 30% in a downturn that lasts two years. One of his major reasons: Business unfriendly policies from Washington. “We now have a Biden […]
Hedge fund liquidations increased by 20% in 2020
(Opalesque) Hedge Fund launches have remained steady in recent years, but the number of fund liquidations increased nearly 20% last year compared to 2019 (from 66 liquidations in 2019 to 79 in 2020), said a study. According to Pivotal Path’s […]
Hedge fund managers post gains of 11.68% in 2020
(Opalesque) Hedge fund managers were up 3.30% in December and returned 11.68% in 2020 – recording their best annual performance in over a decade, said Eurekahedge in its January 2021. In comparison, the underlying global equity market as represented by […]
Bitcoin tumbles below $30,000, extending its plunge to start 2021
(CNBC) Bitcoin tumbled below $30,000 on Thursday, as the cryptocurrency continued its 2021 slide after quadrupling in value last year. The digital currency dropped 17% to $29,246.77, wiping out about $100 billion from the market, according to data from CoinDesk. […]
Hedge fund asset volumes are setting new records, as uncorrelated gains draw more investor money
(Hedgeweek) Total global hedge fund assets under management have mushroomed to a record USD3.6 trillion, thanks to defensive outperformance and opportunistic gains during 2020’s upheaval – though the biggest firms continue to take the lion’s share of investor capital as smaller names […]