Category Archives: Syndicated
US-Based Startups Raise $152.9bn VC Funding And 5,145 Deals During H1 2021
(Opalesque) US-based startups raised the highest venture capital (VC) funding amount during H1 2021 globally, said a study. According to GlobalData a total of 5,145 VC funding deals were announced in the US from January to June 2021, while the […]
Sustainable investments account for more than a third of global assets
(Reuters) Sustainable investments total $35.3 trillion, or more than a third of all assets in five of the world’s biggest markets, a report from the Global Sustainable Investment Alliance on Monday showed. Investors are increasingly driven by environmental, social and […]
Hedge fund short sellers stack up wagers against Cineworld, Sainsbury’s and Petropavlovsk
(Hedgeweek) Hedge funds are continuing to pile on bets against Cineworld, with the beleaguered global movie theatre chain – whose share price tumbled again this week – now the most-shorted, UK-listed stock. To read this article:
Yellen sees ‘several more months of rapid inflation’ before easing, worries about housing impact
(CNBC) Treasury Secretary Janet Yellen cautioned Thursday that prices could continue to rise for several more months, though she expects the recent startling inflation run to ease over time,. To read this article:
End of trading boom casts cloud over Wall Street bank earnings
(Reuters) The pandemic-era trading boom has started to slow down for Wall Street banks, reviving pressure on icons like Goldman Sachs and Morgan Stanley to reinvent those businesses. To read this article:
Morgan Stanley beats estimates as record deal-making cushions trading blow
(Reuters)Morgan Stanley beat expectations for quarterly profit on Thursday, as the Wall Street bank got a boost from record investment banking activity even as the trading bonanza that supported results in recent quarters slowed down. To read this article:
Jobless claims hit new pandemic low, while New York manufacturing notches record high
(CNBC) Initial claims for unemployment insurance fell to a new pandemic-era low last week, the Labor Department reported Thursday. First-time filings for benefits totaled 360,000, in line with Dow Jones estimates and the best number since March 14, 2020. To […]
Hedge fund confidence at highest level “in many years” as industry enjoys renaissance among investors
(Hedgeweek) Hedge funds are in a buoyant mood heading into the second half of the year, boosted by impressive Q2 performances and increased capital inflows, according to a key industry confidence metric. To read this article:
Funds of funds post record high $51bn AUM in 2020
(Opalesque) Funds of funds globally increased their total value of assets under management (AUM) to a record high of at least ($51bn) at the end of 2020, marking the third consecutive year of growth, according to Fund Manager Survey 2021. […]
Powell says the Fed is still a ways off from altering policy, expects inflation to moderate
(CNBC) Federal Reserve Chairman Jerome Powell said Wednesday that the economy needs to improve more before the central bank will change its ultra-easy monetary policy. In remarks prepared for the House Financial Services Committee, the central bank chief noted improvements […]
Stock futures are mixed ahead of more earnings and jobs data
(CNBC) U.S. stock futures were mixed in early morning trading on Thursday as investors readied for more corporate earnings and labor market data. Dow futures fell 75 points. S&P 500 futures were below the flatline while Nasdaq 100 futures were […]
BlackRock CEO Says,You may need to work longer, ramp up investment risk to afford retirement,
(CNBC) The chairman and CEO of the world’s largest asset manager says he worries about a “silent crisis of retirement,” citing global monetary policies that create disincentives for savers. “Unquestionably, as central banks keep rates low, or negative in Europe, […]