Asian markets climb in strong start to the week; US futures higher

Asian markets climb in strong start to the week; US futures higher

Chinese stock markets continued their bull run. The benchmark Shanghai Composite (SHCOMP) advanced 1.8%, after recording the best weekly gain in five years. The CSI 300 — an index of big cap stocks in Shanghai and Shenzhen — rose 2.3%. Goldman Sachs last week predicted the CSI 300 would rise another 15% within the next […]

Hedge fund launches dry up in tough markets

Hedge fund launches dry up in tough markets

The coronavirus crisis has made life even tougher for start-up hedge funds around the world.While some of the biggest names in the industry, such as DE Shaw and Baupost, have been able to take in investor assets during the crisis, some smaller names and new launches...