Monthly Archives: January 2022
Federal Reserve puts wheels in motion for balance sheet reduction
(CNBC) The Federal Reserve at its December meeting began plans to start cutting the amount of bonds it is holding, with members saying that a reduction in the balance sheet likely will start sometime after the central bank begins raising […]
How market ‘stress tests’ are reshaping the hedge fund-prime broker dynamic
(Hedgeweek) The Archegos meltdown, the “meme stock” short-selling squeeze, and new curbs on Chinese education stocks contributed to a “significant stress test” for the prime brokerage sector in 2021, one which potentially heralds far-reaching consequences for the ways prime brokers […]
Franklin Templeton acquires quant asset management firm O’Shaughnessy Asset Management
(Hedgeweek) Franklin Resources, a global investment management organisation operating as Franklin Templeton, has completed its acquisition of quantitative asset management firm O’Shaughnessy Asset Management (OSAM). To read this article:
Digital asset investment products see yearly inflows of $9.3bn in 2021 versus $6.8bn in 2020
(Hedgeweek) Digital asset investment products saw inflows totalling USD9.3 billion in 2021, a 36 per cent increase from the USD6.8 billion seen in 2020, according to the data release bu CoinShares. To read this article:
Rivian stock plunges after news of Amazon-Stellantis deal
(CNBC) Stellantis, the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide its in-car dashboard software and cloud services. Amazon will also be the first commercial customer of Stellantis’ Ram ProMaster battery-electric vehicle, slated for 2023. The […]
SEC Charges Charlotte, North Carolina Investment Adviser and Its President for Not Providing Records to Examiners
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Bóveda Asset Management, Inc. and its President and sole owner, George Kenneth Witherspoon, Jr. of Charlotte, North Carolina, for failing to provide required books and records during a Commission examination […]
Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever
(CNBC) Warren Buffett’s out-of-character bet on Apple may end up being one of his winningest investments, making more than $120 billion on paper as the tech giant shattered yet another record to top a $3 trillion market valuation this week. […]
Apple’s rise to $3 trillion market cap shows the value of its massive share buybacks
(CNBC) Apple capped off a stunning rise on Monday when it briefly became the first company to touch a $3 trillion market value before closing the day just short of the mark. The relentless rise of Apple’s stock speaks to […]
After rapid rate increase to start 2022, investors see benchmark 10-year yield rising to 2% soon
(CNBC) The bond market is signaling that interest rates are about to rise on Main Street. Treasury yields are pushing higher at the fastest new year pace in 20 years. The closely-watched benchmark 10-year Treasury yield was as high as […]
Dow rises 200 points to record Tuesday, but Nasdaq sheds 1% as higher rates divide the market
(CNBC) The Dow Jones Industrial Average rose for a second day to start 2022 as investors bet on the kinds of stocks that would benefit from a robust economy this year despite the omicron threat. But a continuing spike in […]
Agecroft Partners predicts top hedge fund industry trends for 2022
(Hedgeweek) Agecroft Partners has made his 13th annual predictions for the biggest trends in the hedge fund industry for 2022. These predictions are based on insights from more than 2,000 institutional investors globally and hundreds of hedge fund organisations. The […]
U.S. corporate pensions are the healthiest since the financial crisis
(Opalesque) Last year marked the strongest year for corporate pension plans since before the financial crisis of 2007, said a study. According to an analysis by Willis Towers Watson, the aggregate pension funded status of U.S. defined benefit pension plans […]