Monthly Archives: February 2023

(Hedgeweek) New research from quant technology provider SigTech, drawing on data from Preqin and insights from various hedge fund managers, reveals that roughly 30,000 hedge funds are currently operating globally. The US dominates the industry with a market share of […]

(CNBC) U.S. stock futures slipped on Friday morning after the major averages suffered declines amid concerns of stubbornly high inflation metrics.  Dow Jones Industrial Average futures fell by 111 points, or 0.33%. S&P 500 and Nasdaq 100 futures dipped by […]

(Hedgeweek) Hedge funds’ strong performance in January has been backed by numbers from another provider, with Bloomberg data providing more evidence that funds caught the upswings in equities and cryptocurrencies.  To read this article:

(CNBC) Billionaire investor Charlie Munger isn’t a fan of cryptocurrency. The Berkshire Hathaway vice chairman called the form of virtual currency “worthless” during Wednesday’s annual shareholder meeting of the Daily Journal Corporation, a publishing company where he’s a director. “Sometimes […]

(CNBC) Dropbox made splashy headlines in 2017 when the software company signed the biggest office lease ever in San Francisco, securing 736,000 square feet over 15 years in the city’s Mission Bay neighborhood. The combination of a global pandemic in […]

(CNBC) Asia Pacific markets traded higher on Thursday as investors digested Japan’s record trade deficit of 3.5 trillion yen ($26 billion) – according to Refinitiv data that dates back to March 2006. Investors also digested a stronger than expected U.S. […]

(CNBC) The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge. Bankman-Fried was released on $250 million recognizance bond in […]

(CNBC) ChatGPT shows that artificial intelligence has gotten incredibly advanced — and that it is something we should all be worried about, according to tech billionaire Elon Musk. “One of the biggest risks to the future of civilization is AI,” […]

(Hedgeweek) Bridgwater Associates, the hedge fund firm founded by Ray Dalio, almost tripled the size of its bets on both GameStop and AMC during the final quarter of 2022, according to a report by Business Insider India. To read this […]

(Hedgeweek) Asia-focused hedge funds posted a 5.3% gain in January, their best monthly performance since 2016, as the share prices of Chinese companies rebounded strongly following the lifting of strict ‘zero Covid’ restrictions, according to a report by Reuters. To […]