(Opalesque) SkyBridge Capital is continuing its push into DeFi and it’s on full display at this year’s Salt Conference currently underway in New York. This week, SkyBridge announced that it is teaming with trading platform NAX to raise $250 million […]

(CNBC) Rumors of insider trading at NFT marketplace OpenSea are true, according to a statement from the start-up, which was recently valued at $1.5 billion. “Yesterday we learned that one of our employees purchased items that they knew were set […]

(Hedgeweek) Currency-focused investment manager Millennium Global Investments has launched a new systematic long/short currency hedge fund strategy to tap into burgeoning demand for non-correlated returns in what it calls a “favorable” investment environment. To read this article:

(CNBC) The U.S. Securities and Exchange Commission (SEC) is close to publishing a post-mortem of the GameStop trading saga in which retail investors on the Reddit social media site banded together to push up the video game retailer’s shares, SEC […]

(CNBC) Securities and Exchange Commission Chairman Gary Gensler on Tuesday assured lawmakers that Wall Street’s top regulator is working overtime to create a set of rules to oversee the volatile cryptocurrency markets while balancing the interests of American innovators. To […]

(CNBC) In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private the blood-testing company she founded, Theranos, was hemorrhaging hundreds of millions of dollars. On Tuesday, the government’s first […]

(CNBC) The Department of Justice will not shy away from enforcing antitrust laws against so-called killer acquisitions, where dominant firms buy start-ups before they can become competitive threats, says a top department official. To read this article:

(Opalesque) The Eurekahedge Hedge Fund Index was up 0.80% in August 2021, trailing behind the global equity market as represented by the MSCI ACWI (Local) which gained 2.45% over the same period. Despite persistent concerns over the spread of the […]

(Hedgeweek) On the path towards a net zero emissions world, some sectors will multiply their activity (multiples), others will reduce it substantially (fractions), and others will disappear (zeros). How can hedge funds and other asset managers navigate the emerging investment […]

(CNBC) The high inflation readings for the U.S. economy are showing up in every facet of business for investing giant Apollo, CEO Marc Rowan said Monday. “Everywhere. There’s not a place [where we are not seeing it]. Everything that we […]

(Opalesque) The aggregate return for the global hedge fund business was +0.77% in August, a return to positive territory following a dip into the red in July, according to the just-released eVestment August hedge fund performance data. The vast majority […]

(Opalesque) The hedge fund industry generated an average return of 1.23% in August 2021, which may have pushed its winning streak into double-digits, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. To read […]