Monthly Archives: April 2021
Coinbase is unlike any market debut Wall Street has ever seen
(CNBC) Coinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company shouldbevalued, and you’ll likely get 10 different answers. That’s because Coinbase’s current business — […]
Investors pour more money into U.S. stocks than China’s as interest comes ‘roaring back’
(CNBC) Investors are putting billions of dollars more into U.S. stock funds than Chinese ones, according to data from fund research firm EPFR Global. “The baton seems to be getting handed over,” said Cameron Brandt, director of research at EPFR, […]
Credit Suisse identifies $2.3 billion of exposed assets in Greensill-linked funds
(Reuters) Credit Suisse has identified $2.3 billion worth of loans exposed to financial and litigation uncertainties in its Greensill-linked supply chain finance funds, it told investors on Tuesday. To read this article:
Chinese Hedge Fund Jumps 258% After Dumping Ray Dalio’s Strategy
(Bloomberg) Shanghai hedge fund manager Li Bei says she learned quickly that the low-volatility approach to investing behind the rise of Bridgewater Associates was doomed in China for a startup like hers. Steady returns did little to draw investors used […]
Wiltshire Liquid Alternative Index returns 0.97 per cent in March
(Hedgeweek) The Wiltshire Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.97 per cent in March, outperforming the –0.06 per cent monthly return of the HFRX Global Hedge Fund Index. To […]
Federal Court Orders The Alista Group, LLC and Florida Man to Pay More Than $2.6 Million in Precious Metals Fraud
(HedgeCo.Net) The Commodity Futures Trading Commission has announced today that the U.S. District Court for the Middle District of Florida entered an order granting the CFTC’s motion for entry of default judgment against defendants The Alista Group, LLC of Orlando, […]
Hedge Funds ‘most confident’ for positive prospects in 2021 – new confidence index from AIMA
(Hedgeweek) The AIMA Hedge Fund Confidence Index (HFCI) is a new global index which measures the level of confidence that hedge funds have in the economic prospects of their business over the next 12 months. AIMA today announces that according […]
Market neutral long/short hedge funds’ recent bounce remains vulnerable to factor rotations, says Lyxor
(HedgeWeek) Market neutral long/short hedge funds have been boosted by the recent bounce in Momentum stocks – but Lyxor Asset Management strategists believe the strategy is vulnerable to sudden factor rotations over the longer-term. To read this article:
Market braces for key inflation report Tuesday that may test the Fed’s mettle
(CNBC) The pace of consumer inflation is likely to have returned to prepandemic levels in March, and it is expected to heat up even more in the next couple of months. Rising inflation is one of the biggest fears in […]
Stocks slip off record highs ahead of earnings, U.S. data
(Reuters) – The dollar fell slightly on Monday and a gauge of global equity markets slid from record highs last week as investors wait to see whether an expected jump in U.S. earnings will justify stock prices already trading at […]
CEO of a top bitcoin exchange warns a crackdown on cryptocurrencies may be coming
(CNBC) Governments around the world may start to clamp down on the use of bitcoin and other cryptocurrencies, the CEO of a top crypto exchange has warned. A number of officials — from U.S. Treasury Secretary Janet Yellen to European […]
NYSE launches ‘First Trade’ NFTs of Spotify, Snowflake and more
(CNBC) The New York Stock Exchange announced Monday it would launch “First Trade” NFTs, to memorialize the true first trade of six stocks on the public markets. NFTs, or non-fungible tokens, are a type of digital asset created to track […]
