Category Archives: Syndicated
Nvidia sees ‘remarkable’ influx of retail investor dollars as traders flock to AI darling
(CNBC) Retail traders sent almost $30 billion into Nvidia shares this year.“ Whenever you look at AI, it’s like, all the roads lead to Nvidia” said Michael MacGillivray, who’s spent thousands of dollars on shares this year from his home […]
Pershing Square boosts buybacks to address share discount
(Hedgeweek) Pershing Square Holdings, a $12.bn investment trust managed by Bill Ackman, has doubled its share buyback program to $200m (£159m) as it seeks to address a persistent 34% discount on its shares, according to a report by Citywire. To […]
Hedge funds to lose bitcoin ETF lead by 2025
(Hedgeweek) Investment advisers are expected to surpass hedge funds as the largest holders of US-listed spot bitcoin (BTC) exchange-traded funds (ETFs) in 2025, according to a report by CoinDesk citing CF Benchmarks. To read this article:
Banking barriers threaten crypto hedge funds, says AIMA
(Hedgeweek) Action is needed to address the systemic barriers that crypto-focused hedge fund managers face in accessing crucial banking services, according to the Alternative Investment Management Association (AIMA), a global organisation representing the alternative investment industry. To read this article:
SS&C GlobeOp Indicator signals hedge fund redemption rise
(Hedgeweek) Hedge fund redemptions remain low but could increase next year, as shown by SS&C GlobeOp’s Forward Redemption Indicator for December which reached 3.54%, up from 2.91% in November. To read this article:
S&P 500 futures are little changed after positive start to the holiday trading week:
(CNBC) S&P 500 futures were flat early Tuesday after all three major averages kicked off the holiday-shortened trading week in the green. Futures linked to the broad market index and the Dow Jones Industrial Average futures remained around the flatline. […]
Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal
(CNBC) Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid merger talks with Nissan and […]
Silicon Valley’s White House influence grows as Trump taps tech execs
(CNBC) President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a managing partner at Andreessen […]
Third Point expands credit strategy with Birch Grove deal
(Hedgeweek) Billionaire investor Daniel Loeb’s hedge fund, Third Point, plans to acquire fund manager AS Birch Grove in a strategic move to enhance its credit investment capabilities, according to a report by Reuters. To read this article:
Silver Point challenges SEC lawsuit
Hedgeweek) Silver Point Capital is preparing to challenge a lawsuit filed by the US Securities and Exchange Commission (SEC), which accuses the hedge fund of failing to implement proper policies to prevent a consultant from sharing confidential information about Puerto […]
Marshall Wace allocates $1bn to former Citadel Manager
(Hedgeweek) Richard Northridge, a former portfolio manager at Citadel, has secured $1bn from Marshall Wace to manage its flagship hedge fund, according to a report by BNN Bloomberg citing an investor letter. To read this article:
Stock futures inch higher as the market heads into holiday-shortened week:
(CNBC) Stock futures edged up in overnight trading Sunday as the market gears up for a holiday-shortened trading week. Futures on the Dow Jones Industrial Average gained about 100 points. S&P 500 futures rose 0.3% and Nasdaq 100 futures climbed […]
