Monthly Archives: January 2021
The wealthy are investing like a market bubble is here, or at least near
(CNBC) If an investor with $1 million or more in the market thinks that a stock bubble is already here — or soon enough one will be coming — what is the correct response? According to a new survey from […]
Hedge fund Industry returns 3.29 per cent in December ending the year up 10.95 per cent
(Hedgeweek) The hedge fund industry posted a second consecutive positive month in December, returning 3.29 per cent according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index […]
SS&C GlobeOp Hedge Fund Performance Index returns 3.70 per cent in December
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, declined 1.67 per cent in January. To read […]
New hedge fund Honest Capital gains 88% with bets on cannabis, others
(Reuters) – Honest Capital LLC launched last year amid one of the most chaotic times in financial history, but its 88.4% returns far outpaced hedge fund peers and broad market indexes by focusing on smaller, less recognized stocks, according to […]
Prophet Capital restructures CLO hedge fund amid market rebound
(Reuters) – Prophet Capital Asset Management LP, an investor in loans and structured credit securities with $2.5 billion in assets, has restructured a hedge fund that had been rocked by March’s market turmoil, a company executive said on Friday. To […]
Wall St Week Ahead-Earnings season to test surge in regional banks stocks
(Reuters) – A blistering rally in the shares of regional banks may be tested when a spate of lenders report results in the coming week. Regional banks in the S&P 500 have surged 11% since the beginning of the year, […]
Adrenaline-fueled rush for small caps, vaccine plays and story stocks dents passive-indexing trend
(CNBC) For years, skeptics of index investing who watched trillions pour into S&P 500 funds argued that it would probably take a prolonged bear market to undercut the dominance of the standard passive approach. Yet in recent months, an exuberant […]
Former Investment Advisor barred from association with any broker, dealer, investment adviser, municipal securities dealer.
HedgeCo.Net) The Honorable Robert Gettleman of the U.S. District Court for the Northern District of Illinois has entered a final judgment, by consent, against Kerry L. Hoffman, whom the Securities and Exchange Commission had charged with fraudulently selling securities to […]
Healthcare hedge fund Rhenman gauges “crucial” impact of Biden administration’s planned reforms
(Hedgeweek) The incoming US administration led by Joe Biden will be a “crucial” factor looming large over the healthcare industry this year, with planned reforms heralding potentially far-reaching implications for healthcare stocks and drug prices, Rhenman & Partners Asset Management […]
Neuberger Berman wraps up fourth co-investment fund above its $2bn target
(Opalesque) Neuberger Berman collected $2.1 billion-plus for its fourth fund – NB Strategic Co-Investment Partners IV. The fund, which was oversubscribed, exceeded its fundraising target, “Fund IV is backed by a global investor base that includes public and corporate pension […]
SS&C GlobeOp Hedge Fund Performance Index up 3.70% in December
(Opalesque) SS&C Technologies Holdings announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.67% in January. SS&C GlobeOp’s […]
Powell sees no interest rate hikes on the horizon as long as inflation stays low
(CNBC) Federal Reserve Chairman Jerome Powell affirmed his commitment to keeping interest rates low for the foreseeable future even as he expressed hope for a strong economic recovery. “When the time comes to raise interest rates, we’ll certainly do that, […]