Category Archives: Syndicated
Family office and FoF allocators to up hedge fund allocations
(Hedgeweek) Investment fund allocators expect to increase their commitments to hedge funds over the next 12 months, according to recent research into alternative asset appetites by virtual capital introduction and conference organiser iConnections. To read this article:
Citadel makes gains in March despite market turmoil
(Hedgeweek) While the market sell-off triggered by last month’s SVB/ Signature/Credit Suisse banking crisis left many hedge funds nursing losses, Citadel notched up gains across its portfolios during March, according to a report by Reuters To read this article:
AIMA confidence index finds hedge funds cautiously optimistic for year ahead
(Hedgeweek) Hedge fund manager confidence for the coming year was up slightly at the end of Q1 2023, according to AIMA’s 10th quarterly Hedge Fund Confidence Index (HFCI), produced in partnership with Simmons & Simmons and Seward and Kissel. To […]
Hedge fund managers to tap consumer spending data, says survey
(Hedgeweek) As some categories of alternative data mature and become standardised in the investment research process, new research from fintech Exabel with active investment managers and analysts reveals that 76% believe consumer spending data will provide an ‘outsized’ information edge […]
Stock futures rise slightly after Dow, S&P 500 snap four-day win streaks: Live updates
(CNBC) U.S. stock futures ticked higher on Tuesday night. Dow Jones Industrial Average futures rose by 47 points, or 0.14%. S&P 500 and Nasdaq 100 futures climbed 0.13% and 0.16%, respectively. To read this article:
Frank founder criminally charged with fraud over $175 million JPMorgan deal
(CNBC) The Justice Department on Tuesday criminally charged Charlie Javice, founder of college financial-planning platform Frank, with defrauding JPMorgan Chase out of $175 million. Javice, 31, is accused of “falsely and dramatically” inflating the number of customers Frank actually had […]
Federal Reserve’s Mester says rate target will need to go over 5%
(CNBC) Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that the U.S. central bank likely has more interest rate rises ahead amid signs the recent banking sector troubles have been contained. To keep inflation on a sustained downward path to 2% and keep inflation expectations […]
Jamie Dimon says the banking crisis is not over and will cause ‘repercussions for years to come’
(CNBC) The stress on the financial sector caused by two bank failures in the United States last month is still a threat and should be addressed by a reimagining of the regulatory process, according to JPMorgan Chase CEO Jamie Dimon. […]
Chatham Asset Management settles SEC charges over improper trades
(Hedgeweek) New Jersey based hedge fund Chatham Asset Management and the firm’s founder Anthony Melchiorre have agreed to pay more than $19.3 million to settle Securities and Exchange Commission (SEC) charges that they improperly traded fixed income securities. To read […]
Stock futures inch lower Tuesday morning: Live updates
(CNBC) Stock futures inched lower Tuesday morning as investors weighed a spike in oil prices that led the S&P 500 higher to start the new trading month. Futures tied to the Dow Jones Industrial Average inched down by 11 points […]
Virgin Orbit files for Chapter 11 bankruptcy protection in the U.S
(CNBC) Virgin Orbit on Tuesday filed for Chapter 11 bankruptcy protection in the U.S. after failing to secure a funding lifeline. “While we have taken great efforts to address our financial position and secure additional financing, we ultimately must do […]
Dogecoin jumps more than 30% after Musk changes Twitter logo to image of shiba inu
(CNBC) Niche cryptocurrency dogecoin spiked more than 30% on Monday after Twitter CEO Elon Musk replaced the blue bird on his company’s website with an image of a shiba inu, the digital coin’s logo. Attorneys for Twitter and Musk have […]