Category Archives: Syndicated
Tiger Legatus closes doors after 13 years
(CNBC) Tiger Legatus, a hedge fund backed by Tiger Fund Management legend Julian Robertson, has brought the curtain down on 13 years of trading following the worst ever start to a calendar year for equity funds, according to a report […]
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
(CNBC) The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994. Ending weeks of speculation, the rate-setting […]
Sen. Warren asks bank regulator to reject TD’s $13.4 billion acquisition after customer-abuse report
(CNBC) Lawmakers led by Sen. Elizabeth Warren asked a key regulator to block Toronto-Dominion Bank’s $13.4 billion acquisition of a regional U.S. bank because of allegations of customer abuse. In a letter sent Tuesday to the Office of the Comptroller […]
GM investing $81 million to hand build ultra-exclusive Cadillac Celestiq electric cars
(CNBC) General Motors on Wednesday said it is investing $81 million at its global design and technology campus in suburban Detroit to hand build the upcoming Cadillac Celestiq – a new electric flagship car for the brand that will be […]
Institutional investors to replace retail investors as major holders of digital assets, says new study
(Hedgeweek) Institutional investors are set to replace retail investors as the major holders of digital assets, according to new research from digital currency asset manager Grayscale Investments. To read this article:
CTAs survive May’s wild ride
(Opalesque) Commodity prices except for oil retreated during May 2022 owing to the concern over an impending global recession driven by the hawkish Federal Reserve and geopolitical uncertainty. The Eurekahedge CTA/Managed Futures Hedge Fund Index was down -0.20% in May […]
Hedge funds and private equity the alternatives of choice for US investors
(Opalesque) With Intelligence‘s investor intentions data from April 2022 identified private equity (72%) and hedge funds (54%) as the alternative asset classes most likely to see inflows from US investors in the coming months. And, as in our December 2021 […]
Stock futures rise slightly as investors brace for a big Fed rate hike
(CNBC) Stock futures rose slightly in overnight trading Tuesday as investors anxiously awaited the Federal Reserve’s aggressive action to tame surging inflation. Futures on the Dow Jones Industrial Average gained 70 points. S&P 500 futures edged up 0.3% and Nasdaq […]
30-year mortgage rate surges to 6.28%, up from 5.5% just a week ago
(CNBC) Mortgage rates jumped sharply this week, as fears of a potentially more aggressive rate hike from the Federal Reserve upset financial markets. The average rate on the popular 30-year fixed mortgage rose 10 basis points to 6.28% Tuesday, according […]
Bitcoin’s plunge spells trouble for the dot-com era entrepreneur who went all in
(CNBC) Having once lost $6 billion at the height of the dotcom bubble, software entrepreneur Michael Saylor is no stranger to volatility in the financial markets. In 1999, MicroStrategy, Saylor’s software firm, admitted to overstating its revenues and erroneously reporting […]
Hedge fund GPs and LPs at odds over investment priorities, says SEI paper
(Hedgeweek) Hedge fund managers and investors don’t currently see eye-to-eye when it comes to investment priorities, according to a new paper published by SEI. To read this article:
Hedge funds using misinformation to combat new financial regulations, say US unions
(Hedgeweek) Hedge funds are spreading misinformation by claiming they have the backing of the largest US unions in their ‘fight’ against new financial regulations, according to a report by The Financial Times. To read this article: