Monthly Archives: March 2022
85% of investors plan to invest the same or more in private capital over next 12 months, says Preqin study
(Hedgeweek) Alternative assets data, tools, and insights specialist Preqin, has published its H1 Investor Outlook for 2022, with represents the views of more than 350 LPs, interviewed in November 2021, investing across alternative assets — breaking down investor sentiment in […]
Stock futures are little changed as market looks to build on rally following Fed rate hike
(CNBC) U.S. stock futures were quiet on Wednesday evening as investors digested the latest projections from the Federal Reserve. Futures tied to the Dow Jones Industrial Average added 23 points, or less than 0.1%. Those for the S&P 500 and […]
Greg Coffey’s Hedge Fund Redeemed Russian Clients Before Invasion
(Bloomberg) Greg Coffey’s Kirkoswald Asset Management kicked Russian investors out of the firm days before Vladimir Putin’s invasion of Ukraine. Coffey told investors in a note on Feb. 24, the day of the invasion, that the firm had redeemed a small […]
SEC Charges Call Center Operators in $58 Million Penny Stock Scheme
(HedgeCo.Net) The Securities and Exchange Commission has announced fraud charges against five individuals for allegedly operating a call center in Medellin, Colombia, which used high pressure sales tactics and made false and misleading statements to retail investors to convince them […]
Hedge funds significantly outperform broad markets through a bad start to 2022
(Hedgeweek) The hedge fund industry gave up a bit of ground in February, falling back -1.00 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. To read this article:
U.S. stock futures are flat ahead of Wednesday’s Fed meeting
(CNBC) Stock futures were flat in overnight trading after the major indexes rallied and oil prices tumbled below $100 a barrel ahead of Wednesday’s Federal Reserve meeting. Futures on the Dow Jones Industrial Average dipped 40 points, while S&P 500 […]
The Federal Reserve is expected to raise rates, but unique challenges could slow its pace
(CNBC) The Federal Reserve is expected to raise interest rates by a quarter point Wednesday, a major step in reversing the extraordinary easing it put in place two years ago to help the economy through the pandemic. Fed watchers expect […]
Forecasters see growing chance of a recession as Fed hikes rates this year to fight inflation
(CNBC) Forecasters have raised their outlooks for a recession and boosted their inflation projection as the Federal Reserve faces the quandary of fast-rising prices and greater uncertainty from Russia’s invasion of Ukraine. The probability of a recession in the U.S. […]
Abramovich’s U.S. hedge fund investments frozen
(Reuters) Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on him, the Wall Street Journal reported on Friday. Britain froze assets and imposed a travel […]
Steve Cohen’s Point72 to redeem $750 million from Melvin Capital
(Reuters) Billionaire investor Steve Cohen’s Point72 Asset Management is pulling out the $750 million it invested in Melvin Capital Management, Bloomberg News reported on Saturday. Point72 will soon start redeeming the money in portions over time, the report said, citing […]
Federal Reserve expected to raise interest rates in week ahead, as Ukraine crisis adds volatility
(CNBC) Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues to hang over markets. The Fed has clearly broadcast that it intends to raise its target fed funds rate […]
Hedge fund Aravt Global to close flowing significant losses
(Hedgeweek) Significant losses sustained in recent weeks have prompted New York hedge fund Arrant Global to close down operations, according to a report by The Wall Street Journal. To read this article: