By Saqib Iqbal Ahmed and Davide Barbuscia NEW YORK (Reuters) – This year’s U.S. stock and bond sell-offs have boosted demand for strategies aimed at generating returns less dependent on upside in those asset classes during an extended period of volatility. Worries over a hawkish Federal Reserve have depressed both asset classes for most of …
Analysis-CTAs, other ‘uncorrelated’ investments boom in volatility ride Read More »
By Svea Herbst-Bayliss BOSTON (Reuters) -Proxy advisory firms Institutional Shareholder Services and Glass Lewis on Friday backed toymaker Hasbro Inc in a boardroom battle with Alta Fox, although ISS said the hedge fund has zeroed in on valid concerns and some change may be needed. Alta Fox, which owns a 2.5% stake in Hasbro, criticized …
Proxy advisory firms ISS, Glass Lewis back Hasbro in proxy fight Read More »
(Reuters) – U.S. equity funds attracted net inflows in the week to May 25 as shares rallied, with stock markets breaking the longest streak of weekly declines since the dotcom bubble burst. According to Refinitiv Lipper data, investors purchased U.S. equity funds worth a net $4.61 billion, the first weekly inflow since April 6 and …
U.S. equity funds pull first weekly inflow in seven weeks Read More »
By Davide Barbuscia NEW YORK (Reuters) – U.S. stocks and bonds are moving in opposite directions, a phenomenon that could bring relief for investors hoping for a blend of the two asset classes to blunt declines in their portfolios. Yields on the benchmark 10-year Treasury – which move inversely to prices – are down 28 …
Analysis: Stock and bond divergence offers hope for battered 60/40 portfolio Read More »
(Reuters) – Individual investors are buying stocks at a pace akin to the 2021 meme-stock frenzy even as the returns on retail investments sit at multi-year lows amid a widespread sell-off on concerns about rising interest rates, Vanda Research said. Retail investors bought stocks worth $76 billion during a three-month period ending on May 24, …
Retail inflows at nearly all-time high despite market turbulence Read More »
(Reuters) – Analysts at J.P. Morgan turned negative on alternative investments as they expect lower returns for the asset group compared to traditional assets. The brokerage downgraded alternatives to “underweight” from “overweight” after estimating the asset group to return 10% over the next 12 months against 12% for traditional assets. The outstanding value of alternative …
JPM goes ‘underweight’ on alternative investments after they lose 10% this year Read More »
By David French (Reuters) – Energy bankers who lost one client after another when poor returns pushed many investment firms out of the U.S. oil patch got a welcome email earlier this year. Elliott Management, a hedge fund founded and co-led by billionaire Paul Singer and best known for its activist investing, wrote to the …
Hedge fund Elliott chases oil and gas deals, bucking Wall Street Read More »
(Reuters) – Hong Kong-based Babel Finance said on Wednesday it had raised $80 million in a new funding round that valued the cryptocurrency lender and asset manager at $2 billion. Investors who participated in the Series B financing round include Jeneration Capital, Circle Ventures and 10T Holdings, joined by existing backers Dragonfly Capital and BAI …
Crypto lender Babel Finance valued at $2 billion after latest fundraising Read More »
(Reuters) -Venture capital giant Andreessen Horowitz said on Wednesday it has raised $4.5 billion for its fourth cryptocurrency fund, bringing its total funds raised for digital currency investments so far to more than $7.6 billion. About $1.3 billion from the fund will be used to invest in seed rounds of startups and $3 billion for …
Andreessen Horowitz raises $4.5 billion for fourth crypto fund Read More »
(Reuters) – Barclays said on Wednesday global mutual funds investors could sell equities worth a further $350 billion this year, unless fears of recession diminish, due to an uncertain macro backdrop and monetary policy tightening. Investors have been selling equities in the wake of rising inflation, prompting economies to hike interest rates. Russia’s invasion of …
Global mutual funds investors could sell $350 billion worth equities this year -Barclays Read More »
