(Hedgeweek) Total hedge fund assets increased for the third consecutive quarter in Q2, as investors allocated new capital to equity hedge and event driven strategies, according to Hedge Fund Research. To read this article:

(Hedgeweek) Hedge funds are helping drive prime brokerage revenues higher among investment banks such as Goldman Sachs, Morgan Stanley and Bank of America this year, according to a report by the Financial Times. To read this article:

(CNBC) S&P 500 futures were little changed Sunday evening as investors awaited a batch of key earnings reports and a major policy decision from the Federal Reserve. Futures tied to the broad market index ticked lower by 0.07%. Dow Jones […]

(CNBC) Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker state, a lawsuit filed in Delaware bankruptcy court shows. […]

(Hedgeweek) Hedge funds are dumping short positions at their fastest pace since January as returns lag the MSCI and bets on a recession continue to falter, according to a report by Reuters. To read this article:

(Hedgeweek) Activist hedge fund Elliott Investment has acquired a stake in US drug manufacturer Catalent, after the New Jersey-headquartered, NYSE-listed company saw revenues plunge in the first quarter. Elliott is pushing for changes on Catalent’s board after Catalent’s Q1 fell 19%, […]

(Hedgeweek) The number of crypto hedge funds using decentralized exchanges is growing, according to analysis by BanklessTimes.com, which found 44% of crypto hedge funds now use DEXs, up from 42% in 2022 and 31% in 2021. To read this article:

(CNBC) Stock futures were near flat Thursday night after the Dow Jones Industrial Average wrapped up a ninth day of wins. Futures tied to the Dow added 16 points, trading close to the flat line. S&P 500 futures were little […]

(CNBC) Sam Bankman-Fried, co-founder of failed crypto exchange FTX, was sued in Delaware bankruptcy court on Thursday by his ex-company’s lawyers, who accuse him and members of his leadership team of stealing hundreds of millions of dollars. The lawyers are […]

(Hedgeweek) Odey Asset Management’s Absolute Return fund is to reopen as the London-based hedge fund firm prepares for the transfer of manager James Hanbury to a rival firm in the aftermath of multiple allegations of sexual misconduct against Odey founder […]

(CNBC) A former Morgan Stanley financial advisor has been sentenced to more than seven years in prison after admitting he ran a $7 million Ponzi scheme at the firm for more than a decade. But even though the scam targeted […]

(CNBC) Elon Musk’s multiple ventures and the relationships between them are facing increased scrutiny as the Tesla CEO continues to add more to his plate. During Tesla’s second-quarter earnings call on Wednesday, Truist analyst William Stein asked Musk about yet […]