Monthly Archives: March 2020
Trump, Pence held call on economy with investors including Paul Tudor Jones, Stephen Schwarzman
(CNBC) President Donald Trump and Vice President Mike Pence held a call with some of the most prominent investors and leaders on Wall Street to discuss the coronavirus impact on the economy, according to sources. Investors on the call included […]
Anthony Scaramucci cancels 2020 SALT hedge fund conference in Las Vegas
(Opalesque) Hedge fund veteran Anthony Scaramucci canceled SALT hedge fund conference in Las Vegas, which was due to take place May 19-21, 2020, on account of the public health concerns over COVID-19. To read this article:
Moody’s downgrades global asset managers outlook to negative amid coronavirus pandemic
(Opalesque) The spread of COVID-19 has led to a negative outlook for global asset managers by rating agency Moody’s. The outlook was downgraded from stable.The rating agency said it shifted its sector overview from stable following the “precipitous drop” in […]
China will emerge from the coronavirus crisis stronger than the U.S., experts warn
(Marketwatch) China has, so far, won the propaganda battle over which superpower can best handle a pandemic To read this article:
Hedge funds eye buying opportunities, capital raises as markets selloff
(Opalesque) Markets are selling off, but some hedge fund managers are finding buying opportunities and a few shops are raising new funds in order to participate in the recovery. To read this article:
Does Tuesday’s rebound mark the bottom for markets? Investors says one key piece is missing
(CNBC) In market terms, think of the coronavirus sell-off as a three-legged stool where if one of the legs isn’t firmly attached, the whole thing will tip over. The first leg is monetary policy, and that comes in the form […]
SEC Provides Temporary Additional Flexibility to Registered Investment Companies Affected by Coronavirus
(HedgeCo.Net) The Securities and Exchange Commission today announced temporary flexibility for registered funds affected by recent market events to borrow funds from certain affiliates and to enter into certain other lending arrangements. Today’s relief is designed to provide funds with […]
Mnuchin hopes deal is ‘very close’ on $2-trillion coronavirus aid package in U.S. Senate
(Reuters) – The U.S. Treasury secretary and the Senate Democratic leader voiced confidence late on Monday for a deal to be reached soon on a far-reaching coronavirus economic stimulus package that had been stalled in the U.S. Senate as lawmakers […]
Dow futures rise about 500 points as Senate haggles over virus bill
(Cnbc) Futures contracts tied to the major U.S. stock indexes posted a modest rise in overnight trade on Monday evening. Dow Jones Industrial Average futures rose 482 points, implying an opening gain of around 517 points. S&P 500 and Nasdaq […]
Investors should be pragmatic during the Coronavirus crisis
(Hedgeweek) Zehrid Osmani, manager of the Martin Currie Global Portfolio Trust, gives his market outlook and suggests how investors should approach the current pandemic… To read this article:
70% of institutional investors say coronavirus affect their daily investment-related operations
(Opalesque) About 70% of surveyed institutional investors said that the outbreak is affecting their daily investment-related operations, including current trade executions and forecasting investments, and pacing plans for the remainder of the year. To read this article:
Hedge funds eye buying opportunities, capital raises as markets selloff
(Opalesque) Markets are selling off, but some hedge fund managers are finding buying opportunities and a few shops are raising new funds in order to participate in the recovery. To read this article: