Category Archives: Syndicated

Global hedge fund capital passes $4tn mark

(Hedgeweek) Total hedge fund industry capital has passed the USD4 trillion milestone to begin 2022, with managers navigating a volatile Q4 21 driven by another wave of coronavirus variant, as well as rising interest rates and increased expectations for additional […]

Cryptocurrencies tumble, with bitcoin falling 7% and ether down 8% in the last 24 hours

(CNBC) Bitcoin prices fell sharply on Thursday night, while ether prices also dived. Bitcoin plummeted by more than 7% in the last 24 hours, and was trading at $38,5774 as of 11:19 p.m. ET, according to CoinDesk data. Ether, the […]

$2.5 billion wiped from Peloton’s market value as shares tumble below IPO price

(CNBC) Shares of Peloton closed down 23.9% at $24.22 on Thursday, wiping roughly $2.5 billion off of its market value. The sharp drop brought the stock beneath the $29 mark where it first priced at in September of 2019, and […]

Keys to crypto growth

(Hedgeweek) As investor interest in cryptocurrencies continues to mount, regulators are sharpening their focus on the asset class. Though education remains a key impediment to growth, investment opportunities in new areas, such as decentralised finance, are ripe.  To read this […]

SEC eyes tighter disclosure deadlines for hedge funds building big stakes in companies

(CNBC) Securities and Exchange Commission Chairman Gary Gensler said Wednesday that the regulator is eyeing tighter disclosure deadlines for hedge funds building sizable stakes in companies. The agency is considering changing the rules under which hedge funds disclose that they have acquired […]

Bank of America tops profit estimates on better-than-expected credit costs

(CNBC) Bank of America on Wednesday topped analysts’ estimates for profit on record asset management and investment banking fees, and the release of $851 million in loan loss reserves. To read this article:

Commodity hedge funds post ‘strong performance’ in 2021 as energy transition opportunity looms

(Hedgeweek) Commodity-focused hedge funds saw “strong performance” in 2021, with many seeing the energy transition towards renewables as a big opportunity and a USD3 billion uplift in investment across the index, according to Bridge Alternatives. To read this article:

AMG, Systematica CEO acquire BlueCrest’s stake in hedge fund Systematica

(Opalesque) American international investment management company Affiliated Managers Group (AMG) and Systematica Investments founder Leda Braga have jointly acquired the remaining minority equity interest in hedge fund Systematica previously owned by a third-party investor. According to a Bloomberg report, the […]

Endowment Index gains 14.59% for 2021

(Opalesque) The Endowment Index calculated by Nasdaq OMX (Symbol: ENDOW) closed at 1,738.95 to end 2021. The Index gained 14.59% in 2021 (on a total return basis), which compares to a Global 60-40 portfolio which increased 9.54% for the same […]

Goldman CEO says he sees ‘real wage inflation everywhere’ after 33% jump in pay expenses

(CNBC) Wall Street firms are playing catch up with employee compensation, boosting pay in the second year of a deal-making and trading boom. That’s what Goldman Sachs CEO David Solomon conceded on Tuesday during a conference call with analysts to […]

Microsoft sets record for biggest tech deal ever, topping Dell-EMC merger in 2016

(CNBC) Microsoft tried to set a record in 2008, when then-CEO Steve Ballmer pursued plans to buy Yahoo for about $50 billion. It would have been the biggest U.S. tech deal ever, topping JDS Uniphase’s $41 billion purchase of SDL […]

Microsoft’s $68.7 billion deal for Activision once again shows big tech’s dominance over legacy media

(CNBC) Microsoft’s decision to buy video game company Activision Blizzard in a $68.7 billion deal shows big tech firms keep pushing the envelope, while legacy media companies, desperate to reposition themselves for younger audiences, sit on the sidelines. To read […]