Category Archives: Syndicated
University endowments with larger hedge fund investments generate higher returns, says MFA report
(Hedgeweek) A new report released today by Managed Funds Association highlights the important role of hedge fund investments in the overall portfolio of educational endowments. The report, titled “Allocations and Endowment Returns,” shows that university endowments that invest more in […]
Scaramucci’s Skybridge halts withdrawals at crypto-exposed fund
(Hedgeweek) Skybridge Capital, the investment firm founded by Anthony Scaramuci, has halted withdrawals from Legion Strategies, one of its small funds with £230 million in assets, following a steep fall in both stocks and cryptocurrencies, according to a report by […]
Stock futures slip after Nasdaq’s rally as investors digest corporate earnings
(CNBC) Stock futures dipped on Thursday morning as investors hoped to build on a strong start to the week amid a flurry of corporate earnings. Futures tied to the Dow Jones Industrial Average shed 33 points, or about 0.1%. S&P […]
Tesla dumps 75% of its bitcoin holdings a year after touting ‘long-term potential’
(CNBC) Early last year, Tesla invested $1.5 billion in bitcoin, banking on what the electric car maker called the digital currency’s “long-term potential.” The company has already sold three-quarters of its holdings. “As of the end of Q2, we have […]
The reason behind a trading surge in stocks like Berkshire Hathaway has been revealed
(CNBC) Berkshire Hathaway’s Class A shares are among the market’s most expensive stocks priced above $400,000 apiece and therefore it was often one of the least traded well-known companies. So a surge in volume that began over a year ago […]
Hedge fund Coltrane up 23% on back of US tech stock shorts
(Hedgeweek)Hedge fund Coltrane Asset Management is up 223% this year, up to the end of June, on the back of a large contrarian bet against tech stocks, according to a report by the Wall Street Journal. To read this article:
Digital Currency Group revealed as 3AC’s biggest creditor
(Hedgeweek) Troubled cryptocurrency hedge fund Three Arrows Capital’s biggest creditor has been revealed as Digital Currency Group Inc (DCG), the owner of Genesis Global Trading Inc, according to a report by The Wall Street Journal. To read this article:
Stock futures rise following Dow rally, better-than-expected Netflix earnings
(CNBC) U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday’s regular trading session. Dow Jones Industrial Average futures rose 165 points, or 0.52%. S&P 500 and Nasdaq 100 futures climbed […]
Netflix earnings weren’t great, but they were good enough for investors
(CNBC) Netflix didn’t blow the roof off its second-quarter earnings. It announced it lost about 1 million global subscribers in the quarter, marking the second consecutive quarter it has hemorrhaged customers. And it lost 1.3 million subscribers in the U.S. […]
VC fundraising in the US is down by 21.7% YoY to $123.1bn in H1 2022
(Opalesque) A total of 5,705 venture capital (VC) funding deals were announced in the US during the first half (H1) of 2022, while the disclosed funding value of these deals stood at $123.1 billion, said a study. According to GlobalData, […]
Hedge funds are down -4.16% in June:
(Opalesque) In the week ending July 16th 2022, the Barclay Hedge Fund Index indicated that the hedge fund industry posted a -4.16% return for June 2022 which made for its third consecutive down month. Hedge funds did however fare markedly […]
Three Arrows Capital has outstanding obligations of $2.8bn
(Hedgeweek) One of Three Arrows Capital’s creditors has disclosed that troubled cryptocurrency hedge fund has outstanding obligations totalling $2.8 billion, according to a report by TheTimesHu. To read this article: