Category Archives: Syndicated
Digital assets investment products outflows total $39m
(Hedgeweek) Digital asset investment products saw outflows totalling $39 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares. Total assets under management (AuM) are now at their lowest point since February 2021, at $36 billion, a […]
Short covering behind US stock market bounce
(Hedgeweek) Short covering may be a major contributory factor to Tuesday’s US stock market bounce, according to a report by Bloomberg. To read this article:
Two Sigma seeking $180m for managed futures product
(Hedgeweek) US quant investment firm Two Sigma Investment’s China private fund business – the Chinese equivalent of a hedge fund – is seeking to raise about RMB1.2 billion ($180 million) for its managed futures product, according to a report by […]
Growing forecasts for U.S. recession may spell more trouble for stocks
(Reuters) The Federal Reserve’s aggressive monetary policy tilt has prompted some of Wall Street’s biggest banks to ramp up forecasts for a U.S. recession, threatening more downside for an already bruised stock market. To read this article:
Fraud trial against Elizabeth Holmes’ partner at Theranos nears end
(CNBC) In a harshly worded closing argument, prosecutors on Tuesday said former Theranos COO Ramesh “Sunny” Balwani “wasn’t a victim, he was the perpetrator of fraud” in the company’s downfall, while his attorney blasted the government’s case calling it inconsistent. […]
Stock futures decline after markets claw back some losses from weeks of selling
(CNBC) U.S. stock index futures fell early Wednesday after the major averages jumped in regular trading hours, attempting to claw back some losses following weeks of selling. Futures contracts tied to the Dow Jones Industrial Average slipped 264 points or […]
Inflation won’t come down anytime soon if Tuesday’s rally lasts,
(CNBC) CNBC’s Jim Cramer said that Tuesday’s market gains need to come down in order for the Federal Reserve to beat inflation as soon as possible. “Right now, the best outcome would be for the averages to come down quickly, […]
Crypto lending firm Celsius asks users for more time to fix issues after halting withdrawals
(CNBC) Embattled cryptocurrency lending firm Celsius has asked users to give it more time to stabilize liquidity and operations after the market downturn caused the firm to freeze withdrawals for its customers. The cryptocurrency market has seen billions of dollars […]
ProShares is launching a short bitcoin ETF this week
(CNBC) Eight months after establishing the first U.S. bitcoin futures ETF, ProShares plans to launch the first short bitcoin-linked ETF on Tuesday in the U.S., the provider of investment products announced Monday. The ProShares Short Bitcoin Strategy, which will trade […]
Dow futures surge more than 400 points as the market is set to rebound from a brutal week
(CNBC) Stock futures rose in overnight trading Monday following a brutal week as investors assessed a more aggressive Federal Reserve and rising chances of a recession. Futures on the Dow Jones Industrial Average jumped 433 points, or 1.45%. S&P 500 […]
Have markets hit the bottom? Ed Yardeni says it’s not over until inflation peaks
(CNBC) Markets have been on a wild ride recently, swinging between gains and losses. However, the brutal selling has meant the S&P 500 is still in a bear market. When asked whether markets have hit a bottom, Wall Street veteran […]
Storied Chinese hedge fund back in action
(Hedgeweek) The net asset values of several funds run by Dan Bin’s Shenzhen Oriental Harbor Investment Management Co – one of China’s best known money managers – have shown a sudden rise in volatility indicating that the firm may be […]