Tag Archives: Hedge Funds

Financial Daily Dose 3.20.2020 | Top Story: Fed Doubles Down on QE Commitment and Markets Hold Steady for a Change

BY: Michael D. Reif | March 20, 2020

The Federal Reserve is adding to its commitment to buy government bonds, announcing on Thursday that it would also buy up $150 billion in Treasury securities—all of which confirms the central bank’s commitment to a return of QE on a scale not seen since before 2010 – WSJ Checking in with markets only at the … Continue reading

Financial Daily Dose 3.19.2020 | Top Story: Second COVID-19 Relief Package Now Law But Market Chaos Remains

BY: Michael D. Reif | March 19, 2020

Late action by the Senate to pass a second COVID-19 relief package (that the White House soon signed) may [key word may] help markets yo-yo back upward today after a dismal Wednesday driven by crazy-low oil prices (West Texas Intermediate at just $21/barrel) and a spate of automaker factory closings – NYTimes and WSJ and … Continue reading

Financial Daily Dose 8.2.2019 | Top Story: White House Threatens More Tariffs on China

BY: Michael D. Reif | August 2, 2019

Jobs Report Friday! Some thoughts on what to look for in the numbers – Bloomberg and WSJ and NYTimes Apparently hoping to urge China off of its new go-slow tactic, the White House is applying its maximum pressure campaign again, announcing yesterday that the US will “impose a 10 percent tariff on an additional $300 … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 21, 2016

Breakingviews sizes up the banking industry’s cost of equity (currently pegged at around 10 percent) and asks just how well this barometer of a bank’s performance is really being measured – NYTimes Meanwhile, some banking officials—including a BOE representative speaking in NYC yesterday—contend that the legal expenses related to financial misconduct enforcement actions and litigation … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | August 24, 2016

Apollo Global has settled its ongoing dispute with federal regulators, with the private equity firm agreeing to cough up $53 million to the SEC over an “array of [alleged] securities law violations” – NYTimes and WSJ White Collar Watch breaks down the troubled father/son relationship at the center of the recent Sean Stewart (ex JPM … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | June 13, 2016

Hedge fund managers—not that long ago the titans of Wall Street, thanks in part to their “2 and 20 model” that saw them receiving fees of 2% of assets under management and 20% of any gain in any year—are reeling from the loss of investor interest (and capital) in recent years. The outflow is even … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | May 13, 2016

We learned yesterday of the effect that broken mergers are having on some hedge funds. Now comes news that, like many other institutional investors, large US insurance companies are yanking huge sums of money out of their hedge fund portfolios as a result of the brutal 2015 most funds faced – NYTimes Rumors of an … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | September 2, 2015

In the ongoing competition between market fears and market optimism, the former’s making a pretty good argument for itself right now.  After a pretty healthy bounceback, stocks around the world plummeted again yesterday, and Chinese stocks are down again in early trading today.  Chinese manufacturing data helped spur yesterday’s drop, and the US jobs report … Continue reading