Category Archives: Syndicated
Blackstone doubles second quarter earnings on surging asset sales
(Reuters) Blackstone Group Inc said on Thursday its second-quarter distributable earnings nearly doubled year-on-year, driven by a surge in asset sales across its real estate, private equity and credit businesses. To read this article:
Demand for institutional asset management distribution set to return to pre-pandemic levels
(Opalesque) As institutional asset managers create their “new normal,” in-person interaction and head count for specialist sales roles are expected to increase, according to Cerulli’s latest report, U.S. Institutional Marketing and Sales Organizations 2021: Finding the New Normal in a […]
JPMorgan to give all wealth clients access to crypto funds – Business Insider
(Reuters) JPMorgan Chase & Co will allow all of its wealth management clients access to cryptocurrency funds, Business Insider reported on Thursday, citing sources. To read this article:
Interactive Brokers Thomas Peterffy owns cryptocurrency because ‘you have to play the odds’
(CNBC) Online brokerage pioneer Thomas Peterffy told CNBC on Wednesday he’s invested in cryptocurrencies, while still expressing skepticism over the long-term future of the digital asset class. “Even I myself have put a little bit of money into crypto, because […]
Elon Musk says Tesla caused two-thirds of his personal and professional pain
(CNBC) Tesla CEO Elon Musk said Wednesday that his electric vehicle and solar business could help bitcoin miners switch to renewable energy, but is currently limited by tight supply of battery cells. He also acknowledged that Tesla is still not manufacturing its […]
The bond market is torn over the potential for higher inflation and lower growth
(CNBC) A volatile environment for government bonds is reflecting a highly uncertain future for the U.S. economy, pointing to both slower growth and stubborn inflation. To read this article:
Some hedge funds stick with reflation trade despite bond position pain
(Reuters) Some hedge funds are holding onto their bets against Treasuries even after a sharp U.S. government bond rally bruised bearish investors earlier this week. Leveraged funds were net short several longer-dated maturities of Treasuries in futures markets, the latest […]
SkyBridge Co-CIO Troy Gayeski resigns
(Opalesque) Troy Gayeski has resigned from SkyBridge Capital, where he was a Partner, Co-CIO, and Senior Portfolio Manager. No details about his future plans are available as of this writing. To read this article:
UBS Settles Charges Related to Investments in Complex Exchange-Traded Product
(HedgeCo.Net) More Than $8 Million Returning to Harmed Investors as Part of Ongoing Risk-Based Initiative. The Securities and Exchange Commission has filed a settled action against UBS Financial Services Inc. for compliance failures relating to sales of a volatility linked […]
Stock futures are flat after major comeback on Wall Street, earnings continue
(CNBC) U.S. stock futures were steady in overnight trading on Tuesday after the major averages clawed back much of their losses from Monday’s sell-off. Dow futures rose 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.1%. […]
Hedge fund managers and other professional investors predict increased shorting of US tech stocks
(Hedgeweek) New research from ETP provider GraniteShares shows nearly two out of three professional investors predict shorting of US tech stocks will increase over the next six months with nearly a fifth forecasting a dramatic increase To read this article:
Hedge fund giant Bridgewater makes sustainability splash with new multi-asset strategy
(Hedgeweek) Bridgewater Associates, the world’s largest hedge fund, has unveiled a new multi-asset strategy which will trade assets that align with the UN’s Sustainable Development Goals, in a move aimed at further tapping into investor appetite for sustainable investing. To […]