
‘We ensure nothing gets in the way of your right to make money’
Montreal-based firm has experience with family offices and hedge funds – and wants to grow its Canada clientele
Montreal-based firm has experience with family offices and hedge funds – and wants to grow its Canada clientele
Stan Druckenmiller said the risk-reward calculation for equities is the worst he’s seen in his career, and that the government stimulus programs won’t be enough to overcome real world economic problems.
Recent news headlines state that the hedge fund industry saw its highest level of redemptions during the 1st quarter of 2020 in over a decade, with $33 billion leaving the industry. A more appropriate headline would have been “Hedge Funds Only Lose 1% of Industry Assets – Learned from 2008 Experience.”
When global equity markets lost around US$16 trillion of their value in a single month this year, the wealthy found themselves no more protected from financial loss than anyone else.
The Chicago-based merchant bank’s new fund has about 150 investors and will focus on buying stakes in family-owned businesses.
Credicorp Capital’s asset and wealth management units suffered a major hit to their profits in Q1 and saw their combined assets fall 9.6% to $26.87bn as a result of the coronavirus crisis.
Hedge fund manager Stanley Druckenmiller told the Economic Club of New York on Tuesday that stock market is historically overvalued.
Particularly in light of our current economic environment, it undoubtedly pays to have a highly efficient workflow. In utilizing the FINTRX family office and data platform, the outdated and lagging methods of prospecting family offices are overcome, allowing you to spend time building relationships and making deals – rather than spending hours researching potential investors.
Deals worth more than $120 million struck in April alone, as investors look to make the most of soft valuations and a bigger shift towards tech in the post-COVID-19 world.
In a conversation with YourStory, Dr Apoorva Rajan, Co-founder, Venture Catalysts, and Managing Director of 9Unicorns Accelerator Fund, speaks about what startups need to do post COVID-19 to ensure growth.