Category Archives: Syndicated
Losses prompt Blackstone-backed Antara to freeze illiquid assets
(Hedgeweek) A second straight year of losses has prompted Antara Capital, a $1.3bn hedge fund backed by Blackstone, to block redemptions from its illiquid assets by placing them in a so-called side-pocket, according to a report by Bloomberg. To read […]
Intel unveils latest AI chip as Nvidia competition heats up
(CNBC) Intel on Tuesday unveiled its latest artificial intelligence chip, called Gaudi 3, as chipmakers rush to produce semiconductors that can train and deploy big AI models, such as the one underpinning OpenAI’s ChatGPT. Intel says the new Gaudi 3 […]
A crucial report Wednesday is expected to show little progress against inflation
(CNBC) A closely watched Labor Department report due Wednesday is expected to show that not much progress is being made in the battle to bring down inflation. If so, that would be bad news for consumers, market participants and Federal […]
Digital assets funds see an additional $646m in inflows
(Hedgeweek) Digital asset investment products continued to benefit from positive investor sentiment last week with inflows totalling $646m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. To read this article:
Solana helps Pantera to 66% Q1 gain
(Hedgeweek) Switching holdings from bitcoin and ether to solana and other ‘minor’ cryptocurrencies helped digital assets hedge fund firm Pantera Capital’s roughly $300m Liquid Token Fund record a 66% Q1 return, according to a report by Bloomberg. To read this […]
IDW Group Founder says hedge fund talent want more than money
(Hedgeweek) Rising stars in the hedge fund industry are now considering factors beyond financial compensation as they strategise their career paths, according to Ilana Weinstein, Founder and CEO of the IDW Group, which calls itself a “leading boutique for hedge […]
Stock futures are little changed as investors await March inflation data: Live updates
(CNBC) Stock futures were little changed on Monday, as investors looked ahead for forthcoming inflation data. Futures tied to the S&P 500 hovered near the flatline. Nasdaq 100 futures advanced nearly 0.1%, while Dow Jones Industrial Average futures gained 16 […]
Activist hedge fund Bluebell challenges BlackRock’s leadership
(Hedgeweek) London-based activist hedge fund Bluebell Capital Partners has set its sights on BlackRock, the world’s largest asset manager, with a proposal to oust Larry Fink, the company’s Founder, from his position as Chairman, according to a report by the Wall Street […]
U.S. to award Samsung up to $6.6 billion chip subsidy for Texas expansion: Reuters
(CNBC) The Biden administration plans to announce it is awarding more than $6 billion to South Korea’s Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be will go […]
Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
(CNBC) In his annual letter to shareholders released Monday, Jamie Dimon chose AI as the first topic in his update of issues facing the biggest U.S. bank by assets — ahead of geopolitical risks, recent acquisitions and regulatory matters. “While […]
Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity
(CNBC) Spirit Airlines will defer deliveries of new Airbus planes and that it plans to furlough about 260 pilots as it tries to boost liquidity. “Of course, these steps aren’t ones we want to take but they’re necessary to ensure […]
Hedge funds up long wagers on Swiss franc
(Hedgeweek) The Swiss franc is beginning to attract long interest from hedge funds after weeks of wagers against the currency, according to a report by Bloomberg citing the latest data from the Commodity Futures Trading Commission. To read this article:
