Category Archives: Syndicated
10-year Treasury yield falls to 1.4% amid caution over omicron variant
(CNBC) U.S. Treasury yields have declined as investors remained cautious over the spread of the omicron variant. The yield on the benchmark 10-year Treasury note fell 2 basis points to 1.40%. The yield on the 30-year Treasury bond moved 3 […]
Most hedge funds set for permanent hybrid working, industry study finds
(Hedgeweek) Most hedge funds are now moving to a permanent hybrid working environment as a result of the Covid-19 pandemic, but concerns over team-building, collaboration and decision-making remain, as more managers look to expand their product offering into new areas […]
The Federal Reserve still has a lot of questions to answer about its long-term strategy
(CNBC) While the Federal Reserve this week managed to clarify its near-term plans, there are still more than enough questions left for the long term to give investors anxiety. To read this article:
Treasury yields fall as investors weigh central bank decisions, omicron spread
(CNBC) U.S. Treasury yields were broadly lower on Thursday, as investors continued to digest the Fed’s latest policy decision. The yield on the benchmark 10-year Treasury note dropped more than 3 basis points to 1.428%. Yields for shorter-term Treasuries fell, […]
Prosecutor in Theranos case closes by telling jury that Elizabeth Holmes ‘chose fraud over business failure
(CNBC) In his last effort to persuade the jury that Elizabeth Holmes is guilty of fraud, Assistant U.S. Attorney Jeffrey Schenk said Theranos’ founder chose to deceive investors and patients, a choice that “was not only callous, it was criminal. […]
Apple delays return to corporate offices indefinitely
(CNBC) Apple told corporate staff this week that it is delaying a planned return to U.S. offices until an undetermined date, according to reports from Bloomberg News and NBC News reporter Zoe Schiffer. A memo from Apple CEO Tim Cook […]
Fee discounts and MFN clauses dominate hedge fund side letters
(Hedgeweek) Fee discounts and most-favoured nation clauses now feature in almost half of all side letters within the hedge fund industry according to a new study by Seward & Kissel, which also found that the number of smaller, newer managers […]
Ex-McKinsey partner pleads guilty to insider trading in Goldman Sachs fintech deal
(CNBC) A former McKinsey partner has plead guilty to securities fraud for bets he made ahead of Goldman Sachs’ $2.2 billion acquisition of fintech lender GreenSky. Puneet Dikshit, 40, had been charged with insider trading last month. He was accused of using […]
Dow jumps 380 points, Nasdaq surges 2% in relief rally after Fed gives rate hiking timeline
(CNBC) U.S. stocks cut their losses and moved higher on Wednesday as the market got past one of the big uncertainties heading into year-end. The Federal Reserve signaled a more aggressive unwinding of its monthly bond buying, as expected by […]
Fed will aggressively dial back its bond buying, sees three rate hikes next year
(CNBC) The Federal Reserve provided multiple indications Wednesday that its run of ultra-easy policy since the beginning of the Covid pandemic is coming to a close, making aggressive policy moves in response to rising inflation. For one, the central bank […]
Hedge fund industry expected to accelerate out of the pandemic
(Opalesque) The hedge fund industry is strategically poised to accelerate out of the pandemic, says a new report by AIMA and KPMG. Hedge funds have learned a lot about the capabilities of their people and their technologies, their relationship with […]
The Federal Reserve is expected to take a very big step toward its first rate hike
(CNBC) The Federal Reserve is expected to announce a dramatic policy shift today that will clear the way for a first interest rate hike next year. Markets are anticipating the Fed will speed up the wind-down of its bond buying […]