Category Archives: Syndicated

DE Shaw to charge fees of up to 40% for multi-strat funds

(Hedgeweek) Hedge fund giant DE Shaw & Co is planning to charge up to 40 per cent fees for its three biggest funds, according to a report by Bloomberg. The increase will make the funds the most expensive in the […]

Stock futures rise on Thursday after two-day market rally ends

(CNBC) U.S. stock futures were higher Thursday morning after falling in the regular trading session and breaking a massive two-day rally. Dow Jones Industrial Average futures rose by 118 points, or 0.39%. S&P 500 and Nasdaq 100 futures climbed 0.43% […]

Florida hedge fund could reap around $200 million from big arbitrage bet on Twitter

(CNBC) Among the big winners in Elon Musk’s agreement to follow through with his deal to buy Twitter is an activist hedge fund based in a coastal Florida city that was just wrecked by Hurricane Ian. Pentwater Capital, a 15-year-old […]

Banks financing Musk’s Twitter deal face hefty losses

(CNBC) Elon Musk’s U-turn on buying Twitter could not have come at a worse time for the banks funding a large portion of the$44 billion deal and they could be facing significant losses. As in any large acquisition, banks would look to […]

Hedge fund Elliott now largest single shareholder in Swedish Match

(Hedgeweek) Hedge fund Elliott Investment Management has upped its stake in Swedish Match AB to 7.25% and is now the largest single shareholder in the Swedish smokeless tobacco company, according to a report by Bloomberg. To read this article:

Ray Dalio’s top career tips: You won’t be successful ‘if you can’t tolerate being wrong’

(CNBC) Billionaire Ray Dalio, 73, earlier this week stepped down from his role as one of three co-chief investment officers at Bridgewater Associates, one of the world’s largest and most successful hedge funds.  He will remain with the company in […]

Digital asset investments products see inflows of $10.3m

(Hedgeweek) Digital asset investment products saw inflows totalling $10.3 million last week representing the third week of inflows, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. The flows remain low implying continued hesitancy amongst investors. To read […]

Twitter shares surge 22% after Elon Musk revives deal to buy company at original price

(CNBC) Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, according to a regulatory filing on Tuesday. Twitter shares closed up more than 22% on the news. The social media company issued a […]

Trump SPAC shares slide after Elon Musk revives deal to buy Twitter

(CNBC) Shares of Digital World Acquisition Corp., the special-purpose acquisition company seeking to take Trump Media and Technology Group public, slid Tuesday after Elon Musk reversed course and proposed going through with his deal to buy Twitter. Shares of DWAC […]

Stock futures fall following a sharp two-day rally on Wall Street

(CNBC) U.S. stock futures fell on Tuesday night after the S&P 500 posted its best two-day gain in roughly two years. Dow Jones Industrial Average futures declined by 150 points, or 0.5%. S&P 500 and Nasdaq 100 futures dipped 0.52% […]

Why the Federal Reserve won’t be so quick to ease up on its fight against inflation

(CNBC) Think of Federal Reserve Chairman Jerome Powell as a gymnast sprinting across the mat, spiraling, turning, churning, then twisting through the air and trying to make sure he still lands perfectly on his feet. That’s monetary policy in this […]

US recession is a matter of when not if, says Citadel boss

(Hedgeweek) Billionaire hedge fund investor Ken Griffin believes that a US recession is inevitable and could happen as soon as next year, according to a report by the Financial Times. To read this article: