Category Archives: Syndicated
Hedge fund capital surges to record high as inflation risk falls and geopolitical risks increase
(Hedgeweek) Hedge fund capital surged beyond the historic $4tn milestone to begin 2024, with investors remaining focused on inflation, higher interest rates, and macroeconomic uncertainty, but increasingly much more focused on uncertain geopolitical risk and acceleration in M&A. To read […]
Hedge fund Engine Capital wants Parkland board changes
(Hedgeweek) Hedge fund Engine Capital has urged Calgary-based fuel retailer Parkland Corporation to focus on refreshing its board of directors rather than fighting a multimillion-dollar legal battle with its largest shareholder, according to a report by The Globe and Mail. […]
US hedge funds beat local China rivals in 2023
(Hedgeweek) The China operations of US hedge funds Bridgewater Associates and Two Sigma Investments saw a big surge in assets last year as they weathered market turbulence to outperform their local rivals, according to a report by the Financial Times. […]
Bitcoin briefly dips below $40,000 for the first time this year
(CNBC) Bitcoin extended its losses on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto market down with it. The price of bitcoin was last lower by 3.9% at $40,052.76, according to […]
Top performing hedge funds see record returns in 2023
(Hedgeweek) The world’s 20 most successful hedge fund firms generated their biggest profits on record last year on the back of a stock market surge, making a combined $67bn for investors, according to a report by Reuters citing data from […]
Global hedge funds turn bullish on US tech stocks
(Hedgeweek) Global hedge funds turned positive on US technology stocks in the week ending 18 January, upping their share purchases in the sector at the highest pace seen in two months, according to a report by Reuters. To read this […]
AMD’s stock surge in past year leads analyst to a ‘heck if we know’ rating
(CNBC) Demand for graphics processing units — the artificial intelligence chips that power programs such as ChatGPT — has been surging for months, leading to significant gains for the companies that make GPUs. AMD rose nearly 130% in 2023, as […]
Two important events this week could determine the future of Fed rate policy
(CNBC) Markets have become less convinced that the Federal Reserve is ready to press the button on interest rate cuts, an issue that cuts at the heart of where the economy and stocks are headed. Two big economic reports coming […]
Stock futures are little changed as Wall Street looks for S&P 500 to build on fresh all-time high:
(CNBC) Stock futures were little changed on Sunday evening, with investors looking to build on the S&P 500?s fresh all-time high from Friday. Futures tied to the benchmark S&P 500 added 0.1%, while Nasdaq 100 futures gained 0.2%. Dow Jones […]
Super Micro shares soar 36% to record on uplifting preliminary results
(CNBC)Super Micro Computer, one of the best-performing tech stocks of the past few years, soared 36% last week to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates. The company said revenue for […]
Hedge funds up 2.14% in December, says S&C GlobeOp
(Hedgeweek) Global hedge funds recorded an average gain of 2.14% in December according to the gross return of the SS&C GlobeOp Hedge Fund Performance Index for the month, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement […]
Trian formally nominates Peltz for Disney board seat
(Hedgeweek) Activist hedge fund firm Trian Fund Management has formally nominated founder Nelson Peltz and former Disney executive Jay Rasulo for seats on the board at Walt Disney, two days after the entertainment giant nominated a different slate of directors, […]