(CNBC) The fund for victims of Bernie Madoff’s historic Ponzi scheme has begun its ninth payout, distributing about $159 million in government-seized funds to nearly 25,000 people worldwide, the Department of Justice said Monday. The announcement, made 15 years after […]

(CNBC) Oracle shares dropped more than 9% in extended trading Monday after the software company reported fiscal second-quarter revenue and quarterly revenue guidance that fell short of Wall Street expectations. Revenue grew 5% year over year in the quarter, which […]

(Hedgeweek) Hedge fund performance jumped in November as economic data showed a welcome decline in inflation, resulting in falling bond yields, and surging equity and cryptocurrency markets, as investors positioned for the end of the Federal Reserve interest rate increasing […]

(CNBC) U.S. stock futures were slightly higher on Sunday night as investors await this week’s final Federal Reserve meeting of 2023 for any signals on when central bankers will begin to cut interest rates. Futures tied to the Dow Jones […]

(CNBC) Arkhouse Management and Brigade Capital Management have offered to buy Macy’s Inc. for $5.8 billion. The offer values the retailer at $21 per share, according to the sources. Macy’s closed at just over $17 a share on Friday, down […]

(Opalesque) Morgan Stanley Investment Management (MSIM) closed on approximately $1.2 billion in total equity capital commitments for North Haven Expansion Equity IX ($725 million) and North Haven Expansion Credit II ($450 million). The funds, managed by Morgan Stanley Expansion Capital, […]

(Hedgeweek) According to Man Group CEO, Robyn Grew, not a client discussion has gone by this year without the subject of AI coming up. The hot topic was discussed at a media roundtable at Man’s London HQ this week with […]

(CNBC) At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers actually picked up the hiring pace in November. Not that there’s anything wrong with that. But investors and policymakers […]

(Opalesque) More than half (62%) of financial advisors currently allocate between 6% and 25% of clients’ portfolios to alternative asset classes, with (85%) of them expecting to increase allocations to one or more alternative asset classes further within the next […]

(Hedgeweek) San Franciso-based fintech startup Playfair Tech has unveiled a new AI engine designed to help hedge funds better predict market trends and process millions of data points from platforms such as Twitter, Reddit and Instagram. To read this article:

(CNBC) y that CEO Jay Brown is retiring, the same day activist fund Elliott Management sent a letter calling for a new chief executive as part of a campaign for “enhanced governance and fiber-strategy improvements” at the cell tower company. […]

(Opalesque) Institutional investors are most bullish on private equity (60%) and private debt (64%), with 66% saying there is still a significant delta between private and private assets, said a study. According to Natixis Investment Managers’ (Natixis IM) survey of […]