Global private credit markets remain fundamentally sound, and Asia stands out as the next major growth frontier, according to Jeffrey Hawkins, Bain Capital’s Deputy Managing Partner for Credit and Special Situations. “There’s nothing systemically wrong with the market — though it’s a little frothy,” Hawkins said in Hong Kong at the Global Financial Leaders’ Summit.“The...
Hedge funds delivered solid returns through October, with stock-picking funds up 13% year-to-date — slightly ahead of many leading multi-strategy peers, according to a Goldman Sachs report and market sources. In October, equity long/short managers returned 1.75%, lagging the S&P 500’s 2.3% rise, as volatility and crowded trades shaped performance.Still, flows into global equities continued...
Global equity funds saw a strong rebound, attracting $22.4 billion in the week through November 5 — the largest inflow since early October, according to LSEG Lipper. Despite a 1.6% dip in the MSCI World Index, investors took advantage of the pullback to increase exposure to AI-linked corporates and long-term equity opportunities. “While political uncertainty...
Japanese investors turned defensive in early November, offloading ¥581.1 billion ($3.85B) in foreign equities — their largest weekly sale since early October, according to Japan’s Ministry of Finance. The shift reflects growing caution following hawkish remarks from U.S. Federal Reserve officials and stretched global equity valuations after recent rallies. Dallas Fed President Lorie Logan said...
Citadel’s Wellington fund posted a 1.8% gain in October, bringing year-to-date performance to 6.8%, according to a source familiar with the results. Other Citadel funds also outperformed key market benchmarks: The firm, founded by Ken Griffin, continues to post steady returns across strategies, outperforming the S&P 500’s 2.2% October gain. 🔹 Broader Industry Momentum Citadel’s...
Charles Schwab has announced a $660 million acquisition of Forge Global, valuing the private shares platform at $45 per share — a 72% premium over its last close. Forge’s stock surged 67% following the news. This marks a major step for Schwab as it moves to democratize access to private markets, where investors increasingly seek...