Monthly Archives: September 2024

(Hedgeweek) Ray Dalio, founder of global hedge fund major Bridgewater Associates, and Lim Chow Kiat, CEO of Singapore’s sovereign wealth fund GIC, have expressed growing caution regarding the global economic outlook due to political risks and uncertain growth prospects, according […]

(Hedgeweek) Wintermute Asia Pte Ltd (Wintermute), the digital asset derivatives trading arm of global algorithmic trading firm Wintermute Group, has made major updates to its CFD offering, including making it available for trading on its electronic OTC trading platform, Wintermute […]

(Hedgeweek) Hedge funds, long known for their diverse credit investments, are increasingly focusing on the booming private credit sector, with 37% of hedge fund allocators planning investments in the space in the second half of 2024, according to a report […]

(CNBC) Dow futures flickered near the flatline Thursday night after the 30-stock average closed at a new record, bolstered by enthusiasm over the Federal Reserve’s interest rate cut. Dow futures were little changed. Futures tied to the S&P 500 inched lower by 0.1%, […]

(CNBC) Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years. The price of bitcoin was recently higher by 5% at $63,255.00, according […]

(CNBC) The tightening stance has set the BOJ apart as an outlier at a time when most of the global central banks are shifting toward easing policy. On Thursday, The U.S. Federal Reserve cut interest rates by 50 basis points […]

(Hedgeweek) Traditional hedge fund managers charged an average management fee of 1.8% annually in 2023, while managers offering bespoke strategies charged significantly less, with an average fee of 0.9%, according to the 2023 Seward & Kissel Established Manager Hedge Fund […]

(CNBC) Investors poured into tech stocks at one of the fastest clips of the year a day after the Federal Reserve cut its benchmark interest rate for the first time since 2020. Led by a 7.4% gain in shares of Tesla and a 4% […]

(Hedgeweek) Hedge funds and other investment firms are expected to significantly increase their budgets in 2025 for alternative datasets, which provide insights through data from sources like cell phone geolocation, credit card transactions, and satellite imagery, according to a report […]

(CNBC) Donahoe, who has been Nike’s CEO since Jan. 2020, will retire from his position on Oct. 13. Hill is slated to take over on the following day. Donahoe will stay on as an advisor through the end of January. […]

(Hedgeweek) Steve Cohen, the founder of US hedge fund major Point72 Asset Management, is stepping away from trading to focus on overseeing the firm he established a decade ago, including remaining actively involved in investment decisions as Co-Chief Investment Officer, […]

(CNBC) U.S. stock futures rose early Thursday as traders digested the Federal Reserve’s earlier decision to lower interest rates by a half percentage point. Dow Jones Industrial Average futures rose 259 points, or 0.6%. Futures tied to the S&P 500 climbed about 1%, while Nasdaq 100 futures […]