Monthly Archives: April 2024
Microsoft to separate Teams and Office globally amid antitrust scrutiny
(CNBC) Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible […]
Institutional investors optimistic about investing in 2024 despite challenges
(Opalesque) Institutional investors are expecting a generally good year for investment performance despite economic uncertainty and somewhat uneven asset class performance, according to Commonfund’s annual investor survey. The survey includes responses of over 300 investors representing over $890 billion in […]
Hunter Point Capital raises $3.3 billion for debut GP stakes fund
(Opalesque) Hunter Point Capital has raised $3.3 billion for its first ever fund which will focus on making investments in money managers. The fund was oversubscribed and beat its $2.5 billion target. HPC Fund I is the largest-ever debut GP […]
The US hedge fund market size to grow by $662.7bn in four years
(Opalesque) The US hedge fund market size is estimated to grow by USD 662.74 bn from 2024-2028, said a study.According to Technavio, the market is estimated to grow at a CAGR of 7.9% during the forecast period. To read this […]
Investment firms overlooking cybersecurity risks, survey finds
(Opalesque) The 2024 Cybersecurity Benchmarking Survey, a joint project of ACA Group and the National Society of Compliance Professionals (NSCP) found that nearly 40% of compliance professionals from asset management, investment adviser, and private markets firms have yet to evaluate […]
Stock futures rise as Wall Street readies for the start of the second quarter: Live updates
(CNBC) Stock futures rose slightly on Monday morning as Wall Street prepared for the start of the second quarter. Futures tied to the Dow Jones Industrial Average added 147 points, or 0.37%, while S&P 500 futures and Nasdaq-100 futures gained […]
Gold prices hit another record high on Fed cut expectations
CNBC) Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot gold added 1.32% to trade at $2,265.53 per ounce. […]
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
(CNBC) The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying […]
AT&T is investigating a leak that put millions of customers’ data on the dark web
(CNBC) AT&T announced over the weekend that it is investigating an incident two weeks ago that led to millions of customers’ data being published on the dark web, a portion of the Internet that can only be accessed using special software. The […]
Hedge fund launches down in Q4
(Hedgeweek) New hedge fund launches fell while liquidations were steady in Q4 to conclude 2023 as managers positioned for falling inflation and an improving economic outlook, albeit with geopolitical risk rising to historic levels, according to the latest HFR Market […]
BitMEX and Solidus Labs extend cross-market surveillance partnership
(Hedgeweek) BitMEX, one of the world’s largest crypto trading platforms, has expanded its partnership with Solidus Labs, a crypto-native market integrity solutions provider, to bolster surveillance of crypto derivatives trading. To read this article:
Options partners with Trader Evolution
(Hedgeweek) Options Technology, a specialist in capital markets infrastructure, has formed a new partnership with Trader Evolution, a multi-market trading platform specialising in multi-asset and multi-market brokerage and trading software. To read this article:
