Category Archives: Syndicated
Accused bitcoin launderers in plea talks with prosecutors
(CNBC) Federal prosecutors on Monday said they were in plea negotiations with a New York couple recently arrested on charges of trying to launder $4.5 billion worth of stolen bitcoin cryptocurrency. To read this article:
Financial advisors are still reluctant to use cryptocurrencies. Investor demand may change that
(CNBC) Financial advisors have been reluctant to integrate cryptocurrency into client portfolios. They likely won’t be able to ignore the alternative asset for much longer. Cerulli Associates, in a study, found that 45% of advisors say they expect to use […]
Breacher Capital Management ceases operations but reboots as Teza Technologies
(Opalesque) The Investment team at Breacher Capital Management announced that the firm joined Teza Technologies, a leading global quantitative investment firm. According to a communication received by Opalesque, Breacher Capital founder Art Holly said, “We look forward to leveraging Teza’s […]
Hedge funds go big on commodities as prices surge
(Hedgeweek) Surging prices prompted by Russia’s invasion of neighbouring Ukraine have seen hedge funds double down on their commodities bets, with increased exposure bringing sizeable returns, according to a report by CNBC. To read this article:
How hedge funds are tapping into a wealth of crypto opportunities
(Hedgeweek) While the volatile nature of cryptocurrencies – coupled with the still-unfolding shape of regulation – has kept some investors on the sidelines, outsized returns offered by digital assets continue to draw in hedge fund managers. To read this article:
Stock futures are steady after S&P 500?s best week since 2020
(CNBC) U.S. stock futures were steady in overnight trading on Sunday after the S&P 500?s best week since 2020. Dow futures edged up 15 points. S&P 500 futures rose 0.04% and Nasdaq 100 futures were flat. To read this article:
Investors come off a strong week looking for more gains now that they have some clarity from the Fed
(CNBC) With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week. A powerful rally in technology and growth stocks helped drive […]
Oligarch Roman Abramovich’s $50 million Colorado mansion could become a sanctions target
(CNBC) A Rocky Mountain mansion owned by Russian oligarch Roman Abramovich would likely be among the first assets frozen by the U.S. government if he is sanctioned by the White House in response to the war in Ukraine, according to […]
Hedge funds see double-digit returns and $37bn of inflows in 2021
(HedgeWeek) Hedge funds weathered volatility and the return of rising interest rates in 2021 to post double-digit weighted average returns overall for the year, according to research from the Citco group of companies (Citco). To read this article:
Stock futures fall slightly as S&P 500 tries to notch its best week since November 2020
(CNBC) Stock futures dipped in overnight trading Thursday after a three-day rally for the S&P 500 as the equity benchmark is poised to post its biggest weekly gain in more than a year. Futures on the Dow Jones Industrial Average […]
Hedge funds are doubling down on commodities bets with some notching big gains
(CNBC) Hedge funds have ramped up their commodity bets as prices surged during geopolitical turmoil, and managers with big exposure are reaping sizable profits. The energy sector saw the most net buying from hedge funds last month compared to other […]
Berkshire Hathaway shares topped $500,000 each—here’s why Warren Buffett says he’ll never split the stock
(CNBC) Class A shares of Warren Buffett’s Berkshire Hathaway closed above $500,000 a share on Wednesday, setting a new high-water mark for the stock. It was the first time the shares have ever closed above half a million dollars, and […]