Category Archives: Syndicated
Wall Street Is Scrambling For the Exits in Moscow — and Billions Are at Stake
(Bloomberg) For decades, global finance firms eagerly catered to Russian firms, billionaires and the government. Then tanks started rolling into Ukraine. Citigroup Inc., which has thousands of staff and billions of dollars of assets in Russia, has said it will […]
Major institutional investors ready to re-think portfolio strategies
(Opalesque) About two-thirds (66%) of major global institutional investors are more worried now than two years ago about extreme events disrupting their investment strategies-and nearly as many (64%) believe investors need to completely re-think how they approach portfolio construction, said […]
Stock futures are little changed as S&P 500 looks for second straight positive week
(CNBC) U.S. stock futures were little changed on Thursday evening after a bounce-back session on Wall Street. Futures tied to the Dow Jones Industrial Average ticked up 11 points, or less than 0.1%. The S&P 500 futures were flat, while […]
Hedge funds at odds over how short selling impacts financed emissions reporting
(HedgeWeek) Hedge funds are at odd over how the reporting of emissions data related to short selling strategies should be reported, according to a report by Bloomberg. To read this article:
Strategic Funds launches strategic commodity hedge fund
(Opalesque) Puerto Rico-based hedge fund Strategic Funds LLC announced the launch of The Strategic Commodity Fund, a new private hedge fund that marries traditional and digital economy exposure by pairing opportunistic trading in conventional exchange-traded commodities with more difficult-to-access commodity […]
Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
(CNBC) The average bonus paid to securities industry employees in New York climbed 20% to a record $257,500 for last year, according to state comptroller Thomas DiNapoli. The projection, released Wednesday in the annual report from New York’s top fiscal […]
Stock futures little changed as Wall Street tries to recover from Wednesday’s losses
(CNBC) Stock futures were little changed on Wednesday night as investors recovered from losses during the regular trading session. The Dow Jones Industrial Average futures rose slightly 14 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.10% and […]
BlackRock’s Fink says Russia-Ukraine crisis could accelerate digital currencies
(Reuters) BlackRock Inc’s (BLK.N) chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict upends the globalization drive of the last three decades. […]
Tech leads rebound in world stocks despite surging yields
(Reuters) – Battered technology and growth shares have shrugged off rising bond yields to drive a rebound in world stocks as some investors view them as a hedge to inflation against the backdrop of supply-chain snarls and an intensifying war […]
Hedge funds navigated another turbulent month for the global economy with the average fund losing 0.3% – down 1.6% YTD
(Opalesque) Investor capital flowed out of the hedge fund industry in February, reversing the positive movement in January. Redemptions outweighed allocations by $3bn last month, but year-to-date flows remain positive to the tune of about $8bn after high January inflows, […]
Hedge funds navigated another turbulent month with the average fund losing 0.3% – down 1.6% YTD
(Opalesque) Investor capital flowed out of the hedge fund industry in February, reversing the positive movement in January. Redemptions outweighed allocations by $3bn last month, but year-to-date flows remain positive to the tune of about $8bn after high January inflows, […]
Bridgwater Associates to make first crypto investment
(Hedgeweek) Bridgewater Associates, the world’s largest hedge fund, is planning on moving into the digital assets space with its first ever crypto investment, according to a report by FXEmpire. To read this article: