Category Archives: Syndicated

Hang Seng Index gains 2% as Asia markets rise; Japan posts worst trade deficit ever

(CNBC) Asia Pacific markets traded higher on Thursday as investors digested Japan’s record trade deficit of 3.5 trillion yen ($26 billion) – according to Refinitiv data that dates back to March 2006. Investors also digested a stronger than expected U.S. […]

FTX founder Sam Bankman-Fried’s two bond guarantors unsealed, both with ties to Stanford

(CNBC) The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge. Bankman-Fried was released on $250 million recognizance bond in […]

Elon Musk, who co-founded firm behind ChatGPT, warns A.I. is ‘one of the biggest risks’ to civilization

(CNBC) ChatGPT shows that artificial intelligence has gotten incredibly advanced — and that it is something we should all be worried about, according to tech billionaire Elon Musk. “One of the biggest risks to the future of civilization is AI,” […]

Bridgewater triples GameStop and AMC bets

(Hedgeweek) Bridgwater Associates, the hedge fund firm founded by Ray Dalio, almost tripled the size of its bets on both GameStop and AMC during the final quarter of 2022, according to a report by Business Insider India. To read this […]

Asia-focused hedge funds start year with best gains since 2016

(Hedgeweek) Asia-focused hedge funds posted a 5.3% gain in January, their best monthly performance since 2016, as the share prices of Chinese companies rebounded strongly following the lifting of strict ‘zero Covid’ restrictions, according to a report by Reuters. To […]

Stock futures slip on Tuesday night as investors process inflation data: Live updates

(CNBC) U.S. stock futures slipped on Tuesday night following the release of January’s hotter-than-anticipated consumer price index. Dow Jones Industrial Average futures declined by 60 points or 0.18%. S&P 500 and Nasdaq 100 futures fell by 0.24% and 0.28%, respectively.  […]

Digital assets funds see minor outflows

(Hedgeweek) Digital asset investment products saw minor outflows totalling $7 million last week following a week of macro data that significantly beat expectations to the upside, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. To read […]

SEC to up scrutiny of hedge funds’ crypto custodians

(Hedgeweek) A draft proposal from US regulator the Securities and Exchange Commission (SEC), would make it more difficult for crypto firms to operate as “qualified custodians” for hedge funds private equity firms and other institutional investors, according to a report […]

Element to relax redemption rules following $1bn monthly loss

(Hedgeweek) Element Capital, one of the world’s biggest macro hedge funds, is responding to a recent string of poor returns, including a $1 billion loss during last month’s stock market rally, by reducing its $12 billion asset base in a […]

Pension plans cut hedge fund assets in 2022

(Hedgeweek) US pension plans’ aggregate hedge fund assets were lower as of the end of September 2022 than they were in the previous year earlier, in part due to difficult market conditions, but also because some funds cut their allocations […]

Inflation report due Tuesday has the potential to deliver some bad news

(CNBC) Just as Federal Reserve officials have grown optimistic that inflation is cooling, news could come countering that narrative. All market eyes Tuesday will be on the release of the Labor Department’s consumer price index, a widely followed inflation gauge […]

Stock futures inch lower as investors prepare for latest inflation data: Live updates

(CNBC) Stock futures ticked lower Tuesday morning as investors looked ahead to key inflation data. Futures tied to the Dow Jones Industrial Average slipped 25 points, or 0.07%. Meanwhile, S&P 500 futures dropped marginally, and Nasdaq-100 futures declined 0.12% To […]