Category Archives: Syndicated
ESG ETF AUM increased 22.3% in 2023
(Opalesque) ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in ESG ETFs listed globally have increased 22.3% in the first 11 months of 2023. To read this article:
Dow futures dip as Wall Street aims for eighth-straight winning week: Live updates
(CNBC) Stock futures were modestly lower on Friday morning as Wall Street looks to extend its year-end rally.Futures for the Dow Jones Industrial Average slid 135 points, or about 0.36%. S&P 500 futures and Nasdaq 100 futures were down about […]
Global hedge funds saw “stellar” returns in November, says Citco
(Hedgeweek) Hedge funds enjoyed stellar performance in November, posting the strongest returns seen since January, with an overall average weighted return of 3.3%, according to new data from $1.8tn global alternative investment asset servicer Citco. To read this article:
Hedge funds dominate massive basis trade bond bet
(Hedgeweek) ExodusPoint Capital Management, Millennium Management, and Citadel are among a group of around 10 hedge fund firms that dominate the so-called basis-trade, that looks to generate returns on the tiny price gaps between bond futures and their underlying US […]
3AC founders hit with $1.4bn worldwide asset freeze
(Hedgeweek) The founders of collapsed cryptocurrency hedge fund Three Arrows Capital (3AC) have been hit with a worldwide freeze on $1.14bn of assets ordered by a court in the British Virgin Islands, according to a report by Barrons. To read […]
Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
(CNBC) Cryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way for the firm to expand its services in another key European market. France’s AMF watchdog gave Coinbase a virtual asset service […]
Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
(CNBC) Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered its sales outlook. The stock fell about 10% after hours. Nike shares were up 4.7% so far this year […]
Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation
(CNBC) Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a $750 million funding round led by Menlo Ventures, a person with direct knowledge of the matter told CNBC. The round would value Anthropic at up […]
S&P 500 futures inch higher after the index’s worst session since September: Live updates
(CNBC) Stock futures edged higher Wednesday night after the recent market rally took a breather. S&P 500 futures added 0.16%, while the Nasdaq 100 futures advanced 0.24%. Futures connected to the Dow Jones Industrial Average climbed 56 points, or 0.15%. […]
FCA concludes Odey AM probe
(Hedgeweek) The UK’s Financial Conduct Authority (FCA) has concluded its investigation into Odey Asset Management (Odey AM), and will not take any action against the London-based hedge fund firm, which closed this year following allegations of sexual misconduct against founder […]
Global hedge funds in dash to cover US stock short bets
(Hedgeweek) Global hedge funds have moved to cover their bearish bests against US-listed companies prompted by the unexpected rally in US shares following last week’s Federal Reserve meeting, according to a report by Reuters. To read this article:
Warner Bros. Discovery merger talks with Paramount Global may draw out NBCUniversal
(CNBC) The company has held preliminary merger talks with Paramount Global, the media conglomerate controlled by Shari Redstone. Warner Bros. Discovery Chief Executive David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday to discuss what a merger of […]