Hints and tips:
...Multi-strategy funds in this space are designed to give clients exposure to the best traders across different firms while also spreading out risk....
...The risk is that some LPs either underestimated their liquidity needs or shifted their asset allocation strategy years after committing capital to the asset class....
...Generally conservative long-only fund managers are “playing hedge fund manager”, says Kelly....
...Many of the government’s allegations are already known; charges that SBF secretly gave Alameda a massive credit line — $65bn — that allowed it “unlimited” access to customer funds....
...Karin’s decisive actions in dealing with the Credit Suisse banking crisis earlier this year rescued the Swiss economy. We all owe her a debt of gratitude....
...As the markets staged a recovery, stockpickers and multi-strategy funds pared back some of their losses with performance numbers turning positive....
...Some people have raised an interesting question: why are these huge funds concerned about getting money for small businesses, when they generally own pretty large companies?...
...About one-third of the investment trust portfolios at regional banks are in overseas credit, with another third in multi-strategy products. The remainder is in domestic stocks and real estate....
...Financials the key sector beneficiary: We are Overweight Banks and Insurance from a top-down strategy perspective....
...DE Shaw’s flagship multi-strategy fund was up 10.9 per cent last year and its global macro fund Oculus returned 12.2 per cent....
...John Bilton head of global multi-asset strategy at JPMorgan Asset Management Equities. What is your forecast range for the S&P 500 at the end of 2020?...
...Asos and H&M are upgraded to “equal weight and Kingfisher joins M&S as “overweight” on valuation grounds....
...With the shares down significantly today and in recent years (total return ca-50% since Jan 2019), investors are questioning whether BT has now sufficiently reset the equity story. (1) Dividend cut to fund...
...We are cutting forecasts for four (H&M, Inditex, Next and JD Sports for FY21), reflecting longer periods under lockdown and greater profit drop-through....
...SocGen has a multi-asset portfolio strategy note out that advises against panic yet starts off with a big red graphic that doesn’t exactly scream “calm”: We do not recommend switching away from a balanced...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...In that case we get the much-discussed V-shaped recovery in the third quarter....
...Banks’ capital resilient, despite credit costs rising multi-fold: European banks today have CET1 ratios of 12-14%, suggesting that they have buffers to absorb the level of earnings stress we see particularly...
...Imps like BAT has also announced a new £3.1bn multi-currency revolving credit facility to replace the existing £3bn RCF, which is so far undrawn and exists until March 2023....
...The consequence is a credit crisis for oil sands and frackers, for their high net worth investors, US and Canadian banks and some hedge funds....
...To the many H & RHMs who have campaigned for this moment – I say this: the A303 - this government’s going to get it done....
...Note there are also other indicators for a significant increase in credit risk which would also lead to the transition....
...Blackstone, which prizes financial valuation skills among its employees’ superpowers, has opted for a pricier strategy with esteemed executives, including Bennett Goodman (pictured), the G in GSO, its credit...
...As a multi-strategy fund, Elliott remains more versatile than its competitors, investing in a range of credit, commodities, property and various arbitrage strategies when equity opportunities are thin....
...As part of the settlement, the hedge fund gets just one slot on the CEO search committee. The incumbent board backed Kleinfeld’s strategy....
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