Hedge Funds Lately Experienced the Biggest Quarterly Withdrawals

In Q1, 2020, investors withdrew a net US$33 billion from hedge funds, the highest level in more than 10 years. According to a report released by Hedge Fund Research Inc. on Wednesday, this is the largest quarterly outflow of funds since investors withdrew approximately US$42 billion in the second quarter of 2009. To put things in perspective, investors withdrew US$43.1 billion throughout the whole year of 2019.To get…

CHASING SALES DURING CORONAVIRUS PANDEMIC

LAST WEEK, Jonathan Yono, the co-owner of Wild Willy’s Bar & Grill in Romulus, Michigan, was doing some paperwork when a representative from the Michigan Lottery phoned. The rep was calling to check if Yono, who normally sells lottery products, had received a new batch of tickets — and, if so, could activate them for play. Yono replied that he hadn’t, because his bar has been closed for weeks on state orders to prevent the spread of novel…

Monmouth local living in Shanghai describes the coronavirus panic

"I’m in Shanghai. It has been a ghost town for a while but it’s picking back up a little more now. You can’t go anywhere without a mask. Most buildings are in quarantine. My building has all common areas blocked off (gym, movie room, ping pong table, and pool table) so everyone stays in their own apartment. Temperature checks are done for any nonresident in order to be cleared to enter. And that’s happening almost…

State Auto Financial Corp (STFC) Q1 2020 Earnings Call Transcript

Thank you for standing by. At this time all parties are in a listen-only mode. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]. If you have any objections, please disconnect at this time.To get more auto finance news, you can visit shine news official website.

I would now like to turn the call over to Director…

China's economy shrinks as coronavirus hits world trade

China’s economy shrank 6.8% in the first three months of 2020, the country’s first such contraction on record and a stark sign of the financial impact of the coronavirus pandemic.To get more China economy news, you can visit shine news official website.

The news came as Chinese authorities revised the death toll in Wuhan, the hardest-hit city and where the virus first…

Someone has an Idaho $1 million lottery ticket

Someone holding an Idaho $1,000,000 Raffle ticket is starting out the New Year as the Idaho Lottery’s newest millionaire.Get more news about 菲律宾彩票包网服务,you can vist loto98.com

The Idaho Lottery announced the winning numbers in the sold-out, 2019 version of the Idaho $1,000,000 Raffle shortly before 10 p.m. Thursday. This year’s $1,000,000 winning number is:

In addition to the $1,000,000…

Deutsche Bank Q1 earnings: German lender posts 67% fall in profits

Deutsche Bank reported a first quarter net profit of €66 million ($71.62 million) on Wednesday, significantly below the €201 million ($219 million) net profit it recorded in the first quarter of 2019. The bank has put aside €260 million ($282 million) to cope with potential loan losses that may result from the coronavirus pandemic.The bank's earnings results follow a pre-release on Sunday where it confirmed its net…

Coronavirus investing strategy, how to trade next stock market crash

The Cboe Volatility Index — or VIX, also known as the market's fear gauge — has retreated from a record high in recent weeks as stocks have recovered from their recent lows. Bank of America derivatives strategists found that this commonly cited index does not paint the full picture of what to expect in the months ahead. They believe stocks are likely to retest the lows, and recommend a hedge that bets on lower…

Gold Continues to Fall as Risk-aversion Sentiments Decline

Gold price has been falling for the third straight day, as global governments‘ measures of reopening economy and the stock market’s rally reduced part of the markets risk-aversion demands.To get more news about wikifx, you can visit wikifx news official website.

　　Investors are closely following the stimulus measures governments and central banks will implement to revive…

Amazon's surge in Q1 revenue is spoiled by steep coronavirus costs

Amazon reported its first-quarter earnings on Thursday after the bell.Amazon's sales grew faster than expected as more people shopped online amid COVID-19.But it missed on earnings as COVID-19-related costs across the supply chain increased.Amazon shares dropped about 5% in after-hours trading.Visit Business Insider's homepage for more stories.To get more news about…

WikiFX&8+ Must-have Forex Markets Insight Tools are with you in the fight against coronavirus！

After WikiFXs investigation, traders are more interested in the latest forex news and forex analysis articles. This article will present the eight functions of WikiFX APP in details so that users can better understand the APP and acquire the forex knowledge they need.To get more news about EXNESS, you can visit…

The top 21 startups to watch that are disrupting the energy industry

VCs flooded the clean-tech industry with nearly $10 billion in 2019, according to PitchBook. It's the second-highest investment sum in a decade.While investors are betting big on clean tech, only five startups have reached unicorn status, with a valuation of $1 billion or more, according to PitchBook and reporting by Business Insider. Here are the 21 startups with the highest valuations, based on data from PitchBook,…

Amazon's earnings report for Q1 2020

Amazon reported its first-quarter earnings on Thursday after the bell.Amazon's sales grew faster than expected as more people shopped online amid COVID-19.But it missed on earnings as COVID-19-related costs across the supply chain increased.Amazon shares dropped about 5% in after-hours trading.Visit Business Insider's homepage for more stories.To get more news about…