Monthly Archives: January 2021
Weathering the storm
(Hedgeweek) 2020 saw hedge funds successfully weather the political, social and economic turmoil brought about by the coronavirus pandemic to generate their biggest rise since 2009, at the height of the Global Financial Crisis. To read this article:
Risk and reward could continue to be high in FANG stocks, even if they lag this year
(CNBC) Cyclical stocks that do well in a stronger economy are widely expected to lead the market higher this year, but don’t count out big tech stocks altogether — they may provide shelter in any market storm. When the major […]
Stock futures lower as markets look to end record-setting week
(CNBC) Contracts tied to the major U.S. stock indexes slipped early Friday morning as Wall Street appeared headed to close out the record-setting week on a muted note. Dow futures lost 131 points while S&P 500 futures ticked below the […]
Former Investment Adviser Charged for Making Unsuitable Investments, Misleading Clients, and Misappropriating Client Funds
(HedgeCo.Net) The Securities and Exchange Commission announced charges against Jacob C. Glick of Scottsdale, Arizona, a former investment adviser representative associated with Advanced Practice Advisors, LLC (APA), for repeatedly defrauding and breaching his fiduciary duty to advisory clients. The SEC’s […]
JP Morgan Asset Management forecasts “rich environment” for hedge funds as ‘megatrends’ take center-stage
(Hedgeweek) The fallout from the coronavirus pandemic is set to unlock global “megatrends” this year, including consumer and corporate technology, healthcare, and sustainability themes – and hedge fund investors can expect a “rich environment for growth”, a major new study […]
IRS final carried interest rules favorable to fund managers
(Opalesque) The Internal Revenue Service (IRS) and the Treasury Department have issued final regulations regarding the treatment of carried interests, or profits interests in partnerships that generally entitle service providers to share in appreciation at capital gains rates. Fund managers […]
Stock futures flat after markets hit records in previous session, Biden takes office
(CNBC) U.S. stock futures were flat in overnight trading on Wednesday after the major averages hit record highs on inauguration day. Dow futures rose 24 points. S&P 500 futures ticked 0.05% higher and Nasdaq 100 futures rose 0.15%. To read […]
The Fed under Biden: New mandates, a close White House tie and big challenges ahead
(CNBC) There likely will be no nasty tweets in the middle of the night excoriating the Federal Reserve to lower interest rates. Nor will its officials be called “boneheads” should their actions not be in keeping with President Joe Biden’s […]
Barclay CTA Index gains 2.49% in December, 5.18% for 2020
(OPalesque) Managed futures funds finished 2020 with another positive month and gained 2.49% in December, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year, CTAs returned 5.18%. To read this article:
Bitcoin’s inefficiencies are creating arbitrage trades for crypto hedge funds
(Hedgeweek) As more hedge funds pile into cryptocurrencies, market inefficiencies and price dispersion are bringing fresh arbitrage opportunities for managers. To read this article:
M&A deal volumes up 18% and deal values increase 94% in H2 2020
(Opalesque) M&A dealmaking jumped in the second half of the year with total global deal volumes and values increasing by 18% and 94%, respectively compared to the first half of the year, said a study. Besides, both deal volumes and […]
Total hedge fund capital jumped to $3.6 trillion as of year-end
(Opalesque) Hedge fund industry capital surged to conclude a volatile 2020 as strong performance gains drove hedge fund assets globally, and in particular Equity Hedge strategies, to significant new milestones. Total hedge fund capital jumped to $3.6 trillion as of […]