Category Archives: Syndicated
Inflation rises 7% over the past year, highest since 1982
(CNBC) Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The consumer price index, a metric that measures costs across dozens of items, increased […]
Hedge Funds AUM up 8.1% in 2021 to $4.32tn, says Preqin
(Hedgeweek) Hedge funds continued to perform well at the close of 2021, according to data from Preqin, with the firm’s 2022 Global Hedge Fund Report revealing that returns across the asset class were up 11.43 per cent (as of September […]
Hedge funds closes out 2021 with majority of funds reporting positive returns
(Opalesque) The global hedge fund business returned +1.58% in December, bringing the aggregate return for the industry for 2021 to +10.00%, according to the just-released December and year-end 2021 eVestment hedge fund performance data. Almost 80% of funds reporting to […]
Hedge funds posted their second best annual performance since 2010 despite ongoing pandemic
(Opalesque) The Eurekahedge Hedge Fund Index gained 0.91% in December, supported by the robust performance of the global equity market as represented by the MSCI ACWI (Local) which returned 3.55% over the same period. December 2021 started out on a […]
Stock futures are flat after a 3-day winning streak for Nasdaq
(CNBC) U.S. stock futures were steady in overnight trading on Wednesday after the Nasdaq Composite rose for the third session despite a red-hot consumer price index report. Dow futures rose just 20 points. S&P 500 futures gained 0.05% and Nasdaq […]
Digital assets investors remain very bearish with record outflows totalling $207m
(Hedgeweek) Digital asset investment products saw outflows totalling a weekly record of $207 million last week, according to the latest Digital Assets Fund Flows Weekly report from Coin Shares. To read this article:
UBS says the Fed is likely behind the curve in shrinking its balance sheet
(CNBC) The Federal Reserve is behind the curve when it comes to shrinking the balance sheet, according to UBS Global Wealth Management’s Kelvin Tay. Fed Chairman Jerome Powell said Tuesday that he expects a series of interest rate hikes this […]
December’s consumer prices are likely to be hot, but the peak could come soon
(CNBC) A key measure of consumer prices is expected to show that inflation at the consumer level spiked in December, the hottest increase in prices since the early 1980s. Economists expect the consumer price rose 0.4% in December, and 7% […]
World Bank slashes global growth forecast and warns about growing inequality
(CNBC) The World Bank slashed its global growth forecast for 2022 and 2023, and cautioned that a rise in inflation, debt and income inequality could jeopardize the recovery in emerging and developing economies. Global growth is expected to slow to […]
Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation
(CNBC) Federal Reserve Chairman Jerome Powell, with a seemingly clear path to a second term heading the central bank, declared Tuesday that the U.S. economy is both healthy enough and in need of tighter monetary policy. To read this article:
SEC Charges ICO Issuer and Founder with Defrauding Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Australian citizen Craig Sproule and two companies he founded, Crowd Machine, Inc. and Metavine, Inc., for making materially false and misleading statements in connection with an unregistered offer and sale […]
JP Morgan’s Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year
(CNBC) Jamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to have the best growth we’ve ever had this year, I think since maybe sometime after the Great Depression,” Dimon told CNBC’s Bertha […]