Category Archives: Syndicated
Bitcoin surges to $75,000, a new record, as traders bet Trump has election edge
(CNBC) Bitcoin rallied Tuesday evening, hitting an all-time high as investors bet former President Donald Trump was gaining an edge in the U.S. election as results rolled in. The price of the flagship cryptocurrency touched a record $75,000 on the nose, […]
Digital assets funds hit record-breaking $29.2bn YTD
(Hedgeweek) Digital asset investment products saw inflows of $2.2bn last week, bringing year-to-date inflows to a record-breaking $29.2bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this article:
Regulators weigh basis trade investigation amid record bets
(Hedgeweek) The recent record level of US Treasuries basis trade bets by hedge funds has attracted increased regulatory attention, with global financial watchdog the Financial Stability Board (FSB) considering an investigation into the strategy, according to a report by Bloomberg. […]
Hong Kong hedge fund Zeal Asset Management to shut and return $1.6bn to investors
(Hedgeweek) Hong Kong-based hedge fund Zeal Asset Management, which focuses mainly on Chinese equities, is to cease operations next year, and return over $1.6bn in capital to investors as its founders prepare for retirement, according to a report by Reuters. […]
Hedge funds rethink dollar bets on eve of US election
(Hedgeweek) s a tight US election race heads to its conclusion, some hedge funds are pivoting toward currency options that could profit from a weaker dollar in the event of a Kamala Harris presidency, according to a report by Bloomberg […]
Stock futures are little changed as Wall Street readies for presidential election: Live updates
(CNBC) Stock futures were flat in overnight trading ahead of Tuesday’s high-stakes U.S. presidential election. Futures tied to the Dow Jones Industrial Average slipped 17 points. S&P 500 futures and Nasdaq-100 futures inched lower by less than 0.1%. Palantir popped 13% in overnight trading on strong quarterly results and […]
Odey deliberately obstructed disciplinary investigation, says FCA
(Hedgeweek) The UK’s Financial Conduct Authority (FCA) has issued a warning to former hedge fund manager Crispin Odey, indicating it plans to take regulatory action over his attempts to obstruct a disciplinary investigation into sexual harassment claims, according to a […]
Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
(CNBC) Physical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC. Investors included Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson […]
Hedge funds up leverage ahead of tight US election
Hedgeweek)Global hedge funds are heading into the US presidential election with significantly higher equity leverage in their portfolios than at the start of the year, signalling an increased appetite for risk, according to a report by Bloomberg. To read this […]
Hedge funds turn to short volatility QIS options to limit risk exposure
(Hedgeweek) Hedge funds are increasingly turning to options on bank’s short volatility quantitative investment strategies (QIS) as a way to capture volatility premiums while capping potential losses, with BNP Paribas, Citi, and UBS all launching call options, according to a […]
What the stock market typically does after the U.S. election, according to history
(CNBC) Stocks typically rise after a presidential election, but investors need to be prepared for some short-term choppiness first, history shows. The three major benchmarks on average have seen gains between Election Day and year-end in the presidential election year […]
Stock futures inch lower as Wall Street readies for U.S. presidential election: Live updates
(CNBC) Stock futures dipped in overnight trading Sunday as investors geared up for the highly-anticipated U.S. presidential election. Futures connected to the Dow Jones Industrial Average lost 0.2%, or 90 points. S&P 500 futures and Nasdsq-100 futures edged lower. Stocks are coming off a strong start […]