(Hedgeweek) Sterling’s recent rally, which has made it the best performing major currency in the developed world so far this year, may be nearing the end of its run as hedge funds are now cashing in on its 3%-plus gain […]

(Hedgeweek) Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the prominent hedge funds that acquired shares of Facebook parent Meta Platforms Inc during the first quarter of the year, according to a report by Reuters. To […]

(CNBC) U.S. stock futures were little changed on Monday evening, as all eyes on Wall Street turn to a Tuesday meeting between congressional leaders and President Joe Biden.Futures tied to the S&P 500 slipped 0.08%, while Nasdaq 100 futures inched […]

(CNBC) Billionaire hedge fund manager Paul Tudor Jones believes the Federal Reserve has finished raising interest rates in its fight against inflation, and the stock market could grind higher this year. “I definitely think they are done,” Jones said Monday on CNBC’s […]

(CNBC) Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid a sharp pullback in home borrowing. The total for borrowing across all categories hit $17.05 trillion, an increase of […]

(Hedgeweek) Chase Coleman’s technology-focused investment manager Tiger Global is exploring options to cash in a part of its $40 billion portfolio of privately held companies through secondary market sales, according to a report by Bloomberg. To read this article:

(Hedgeweek) Daniel Loeb, the founder of hedge fund Third Point Capital, has scrapped plans to acquire global speciality insurers SiriusPoint Ltd according to a report by Reuters citing a regulatory filing made on Friday. To read this article:

(Hedgeweek) Falling volatility has seen a number of algorithmically driven hedge funds ramp up the rate of their stock buying to one of the fastest levels in a decade, according to a report by The Financial Times, citing data from […]

(CNBC) U.S. stock futures fell slightly on Sunday night following back-to-back weekly losses for the Dow Jones Industrial Average and S&P 500. Dow futures fell by 70 points, or about 0.2%. S&P 500 futures and Nasdaq 100 futures dipped 0.21% […]

(Hedgeweek) A growing short position on US Treasury futures is directly attributable to hedge fund placing bets on the spread between the futures and their underlying assets, according to a report by Bloomberg citing data from the Commodity Futures Trading […]

(CNBC) Cryptocurrency companies are playing a game of poker with the Securities and Exchange Commission, making bold threats to leave the U.S. as the regulator steps up pressure on the industry to toe the line. Major players are hoping that […]

(CNBC) A New York federal judge warned JPMorgan Chase that he might find the bank in contempt of court if it does not speed up in producing evidence related to late sexual offender and money manager Jeffrey Epstein for lawsuits […]