Category Archives: Syndicated
SEC changes dollar threshold for qualified clients
(Opalesque) Effective August 16, 2021, the Assets-Under-Management Test will increase to $1.1 million, and the Net Worth Test will increase to $2.2 million. To read this article:
Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago
(CNBC) Tesla reported second-quarter earnings after the bell Monday, and it’s a beat on both the top and bottom lines. Shares rose about 2% after-hours. Here are the results. To read this article:
Inflation and delta risks are contributing to a critical ‘inflection point’ on Wall Street, longtime bull warns
(CNBC) Longtime market bull Phil Orlando is bracing for a rough stretch because Wall Street has reached a critical “inflection point.” The Federated Hermes chief equity market strategist is blaming the risk dynamic. Not only does Orlando see hotter-than-expected inflation and […]
S&P 500 ekes out another record as investors gear up for big earnings
(CNBC) The S&P 500 reached another record high on Monday ahead of a busy week of earnings reports from technology’s heaviest hitters. One of the busiest weeks of earnings reports is on deck, with Tesla kicking it off after the […]
Consultants see continued drive towards ‘alternative’ private debt, and regulatory capital
(Hedgeweek) Private debt strategies continue to gain investor traction, as institutional allocators look to increasingly esoteric ‘alternative’ fixed- income- style products, according to interviews with global and boutique investment consultancies conducted by Private Equity Wire. To read this article:
Bitcoin tops $39,000 for the first time in nearly 6 weeks, adding $114 billion to the crypto market
(CNBC) Bitcoin surged Sunday evening topping $39,000 for the first time since mid-June as sentiment turned bullish following a recent sell-off. The cryptocurrency was trading at around $38,059.84 at 11:05 p.m. ET, according to CoinDesk data, up nearly 11% from […]
Dow futures fall more than 100 points ahead of a huge week of Big Tech earnings
(CNBC) Stock futures slipped after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports from technology’s heaviest hitters. Dow Jones Industrial Average futures declined 157 points. S&P 500 and […]
Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing
(CNBC) Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some mention of the central bank’s possible wind down of its bond […]
Hedge fund assets near $4tn
(Opalesque) Worldwide aggregate hedge fund assets reached an estimated $3.96 trillion as of June 30, an increase of $360 billion from the start of the year said a report. According to HFR Global Hedge Fund Industry Report, the total hedge […]
Hedge fund assets near $4 trillion as fresh inflation fears push investors towards alternatives
(Hedgeweek) Growing numbers of investors are turning to hedge funds to protect their portfolios in the face of inflationary fears, with total industry capital swelling to almost USD4 trillion and more allocators set to tilt towards alternative assets, new research […]
JPMorgan to hire more than 500 wealth management advisers
(CNBC) JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy. That plan […]
Scaramucci says SkyBridge Capital co-CIO Gayeski has left firm
(CNBC) Investment firm SkyBridge Capital, whose founder Anthony Scaramucci briefly traded Wall Street for the Trump White House, told clients that its co-chief investment officer resigned. Troy Gayeski, who has overseen the $6.5 billion firm’s activities as co-chief investment officer […]