Monthly Archives: February 2022
Biden administration is keeping a close eye on private equity and other ‘alternative’ investments
(CNBC) The Biden administration is lending a more cautious eye to private equity and other “alternative” investments such as hedge funds. The U.S. Securities and Exchange Commission and U.S. Department of Labor have taken steps in recent weeks to boost […]
DoorDash stock pops 30% on revenue beat, strong order numbers
(CNBC) Shares of DoorDash soared as much as 32% on Wednesday after the company reported better-than-expected revenue in the fourth quarter. The company also posted strong order numbers and added new users, suggesting that demand for food delivery services remains […]
12 Additional Investment Advisers and Broker-Dealers Charged for Failure to Meet CRS Obligations
(HedgeCo.Net) The Securities and Exchange Commission has announced that six investment advisers and six broker-dealers have agreed to settle charges that they failed to file and deliver client or customer relationship summaries – known as Form CRS – to their […]
Managed futures funds outperform in January
(Opalesque) Managed futures funds turned in a second straight positive month in January, returning 0.71%, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. “While equity markets slumped in January, managed futures funds stepped up,” […]
Hedge funds posted a 2.42 per cent loss in January but outperformed volatile markets
(Hedgeweek) Losses abounded in January, but the hedge fund industry largely shielded its investors from the worst. Hedge funds in aggregate were down 2.42 per cent on the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a […]
Stock futures inch lower after major averages snap 3-day losing streak
(CNBC) U.S. stock index futures were slightly lower during overnight trading Tuesday, after registering gains on the session amid signs of tensions easing between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average shed 39 points. S&P […]
Bitcoin and Ether Rise as Ukraine-Russia Tensions Appear to Ease
(CNBC) Cryptocurrencies rose Tuesday with U.S. equities as tensions between Ukraine and Russia appeared to be easing. Bitcoin climbed 4.6% to $44,177.34, while ether rose 7.6% to $3,114.09, according to data from Coin Metrics. Almost the entire crypto market was […]
Some lawmakers and their families are betting thousands of dollars on crypto
(CNBC) Congress is taking a hard look at crypto — as an investment opportunity. Eight lawmakers or their immediate family have traded cryptocurrencies over the past year, with bets ranging from about $1,000 to as high as $100,000, a CNBC […]
From Credit Suisse to Goldman Sachs, investment banks say it’s time to buy Chinese stocks
(CNBC) More and more international investment analysts say it’s time to buy mainland Chinese stocks, ahead of expected government support for growth. On top of the pandemic’s drag on the economy, heightened regulatory uncertainty since last summer has generally kept […]
BlockFi Agrees to Pay $100 Million in Penalties and Pursue Registration of its Crypto Lending Product
(HedgeCo.Net) The Securities and Exchange Commission has charged BlockFi Lending LLC (BlockFi) with failing to register the offers and sales of its retail crypto lending product. In this first-of-its-kind action, the SEC also charged BlockFi with violating the registration provisions […]
Global fintech investment hits $210bn across a record 5,684 deals in 2021
(Opalesque) Global fintech investment was US$210 billion across a record 5,684 deals in 2021 – up from US$125 billion across 3,674 deals in 2020, said a study. According to the study ‘Pulse of Fintech’ published by KPMG, Payments continued to […]
Buffett’s Berkshire buys $1 billion worth of Activision shares before Microsoft deal
(CNBC) Microsoft announced its intent to acquire Activision Blizzard in mid-January for $95 per share, sending the stock up 25% to above $82, though it’s since fallen a bit. It would be the largest deal ever by a U.S. technology […]
