Category Archives: Syndicated
Job openings top 11.2 million in July, well above estimate and nearly double the available workers
(CNBC) There were nearly 1 million more job openings than expected in July, an inflationary sign that the U.S. labor market is still extremely tight, the Bureau of Labor Statistics reported Tuesday. Available positions totaled 11.24 million for the month, […]
Genstar Capital acquires Numerix
(Hedgeweek) Numerix, a specialist in capital markets risk management technology and approve idea of software used by a wide range of buy-side firm including hedge funds, has been acquired by Genstar Capital. To read this article:
Lone Pine Assets Shrivel as Hedge Fund Reels From Record Losses
(Bloomberg) Lone Pine Capital is facing its biggest challenge since Steve Mandel founded the firm a quarter-century ago, with its $5.8 billion hedge fund down the most in its history. The hedge and long-only funds are both mired in a […]
Cryptoverse: Bleeding bitcoin’s holding out for a hero
(Reuters)The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time since its June collapse, only to relapse towards $20,000. A deflating end to August has […]
Stock futures rise slightly after second-straight negative session
(CNBC) Stock futures ticked higher on Tuesday morning as Wall Street sought stability after another down day for stocks. Futures for the S&P 500 inched upward by 0.38%, while Nasdaq 100 futures also added 0.50%. Futures for the Dow Jones […]
Fed rate hikes won’t bring down inflation as long as government spending stays high, paper says
(CNBC) Federal Reserve Chair Jerome Powell proclaimed Friday that the central bank has an “unconditional” responsibility to ease inflation and expressed confidence that it will “get the job done.” But a paper released at the same Jackson Hole, Wyoming, summit […]
Dow futures Fell Monday Morning around 200 points as Friday’s rout on Wall Street looks set to continue
(CNBC) Stock futures fell on Monday morning as investors tried to shake off a sharp decline in stocks at the end of last week. Futures for the Dow Jones Industrial Average slid 223 points, or about 0.69%. Those for the […]
North American Asset Managers’ AUM, Revenues Decline Steeply in Q2
(Opalesque) Listed North American asset management firms experienced steep declines in assets under management (AUM) and revenue during the second quarter of 2022 after seeing all-time highs in assets, revenues, and profit levels just two quarters earlier. According to a […]
‘Hedge fund hot dog’ basket indicates another stock selloff could be looming large, says RBC
(Hedgeweek) With a group of the most popular stocks owned by the world’s largest hedge funds, again starting to underperform the broader market, another sell-off of US stocks could be on the cards, according to a team of analysts at […]
Sculptor says founder Och’s lawsuit is “misleading and full of falsehoods”
(Hedgeweek) A lawsuit filed by Dan Och and other former executives of Sculptor Capital Management, has been branded as “misleading and full of falsehoods” by the New York-based hedge fund, which formerly operated as Och-Ziff Capital Management. To read this […]
Court orders Kentucky pension agency to disclose info on hedge fund deals
(Hedgeweek) Kentucky’s state pension agency has been ordered by a judge to release a suppressed report about possible fraud in its controversial hedge fund investments, according to a report by the Hearald-Leader. The judge ruled that taxpayers have right to […]
The private equity quartet held roughly $416bn in dry powder at the end of Q2
(Opalesque) The four largest publicly traded alternative asset managers – Apollo Global Management Inc., Blackstone Inc., The Carlyle Group Inc., and KKR & Co. Inc. – held roughly $416 billion in dry powder at the end of the second quarter, […]