(CNBC) Bitcoin fell to its lowest level in three months on Monday as investors dumped risk assets amid expectations of higher interest rates. The world’s largest cryptocurrency dropped as much as about 5% to hit an intraday low of $18,276, […]

(Hedgeweek) Billionaire hedge fund boss Ray Dalio believes Stock markets will plunge by 20% if the US Federal Reserve raises interest rates to 4.5% to tackle inflation, according to a report by Reuters. To read this article:

(CNBC) S&P 500 futures were slightly lower on Sunday evening after the major averages posted their worst week since June and ahead of the Federal Reserve’s two-day meeting this week. Futures tied to the broad market index were down 0.24% […]

(CNBC) It’s been a strenuous year for the crypto business. After hitting a high of more than $68,000 in November 2021, bitcoin has plunged to hover around $20,000.But for long-term ETF investors, some experts advise to take crypto’s comedown in […]

(CNBC) Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany’s second-largest initial public offering (IPO) in history. Volkswagen will price preferred shares […]

(Hedgeweek) Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.31% in September. “SS&C GlobeOp’s Capital Movement Index for September 2022 rose 0.31%, reflecting positive net flows into funds,” To read this article:

(CNBC) Wall Street hates it. Silicon Valley is thrilled. In a year that’s featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s $20 billion acquisition of Figma on Thursday is what […]

(Hedgeweek) The switch of the Ethereum blockchain from proof of work to proof of stake – aka The Merge – has had hedge funds in a betting frenzy with managers scooping up options on ether tokens, Ethereum’s flagship token, according […]

(CNBC) FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy. “I think so. But you know, these numbers, they don’t portend very well,” Subramaniam said in response to […]

(CNBC) U.S. stock futures fell on Thursday night as Wall Street headed toward a losing week, and traders absorbed an ugly earnings warning from FedEx. Dow Jones Industrial Average futures dropped by 142 points, or 0.46%. S&P 500 and Nasdaq […]

(Hedgeweek) Hedge funds would be impacted by the US Securities and Exchange Commission’s (SEC) new proposed draft rules on the use of central clearing in the $24 trillion Treasury market aimed at boosting its resilience, according to a report by […]

(Hedgeweek) SS&C Technologies Holdings has appointed Bhagesh Malde to lead its newly combined global fund administration and servicing business. The new group will continue to operate as SS&C GlobeOp and brings together SS&C’s hedge fund administration, private markets administration, middle […]