Category Archives: Syndicated
Digital asset investment inflows positive for first time in five weeks
(Hedgeweek) Digital assets investment products saw positive inflows (USD63 million) for the first time in five weeks breaking a four-week run of outflows, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. To read this article:
Hedge fund optimism on the rise amid double-digit returns
(Opalesque) Amid double-digit returns and increasing assets under management, hedge fund managers have grown even more optimistic about their business prospects over the next 12 months. According to the second quarter Hedge Fund Confidence Index (HFCI) from AIMA, Simmons & […]
Man Group reports mixed fortunes for hedge funds in June
(Hedgeweek) Hedge funds had a mixed month in June, according to the latest Man FRM Early View. The largest contribution to performance came from a pick-up in FX volatility, which led to significant losses for several CTA managers, although some […]
Biden’s plans to raise taxes on corporations and the wealthy are losing momentum
(CNBC) Nearly six months into President Joe Biden’s administration, Wall Street remains divided over the likelihood, and impact of, one of the Democrat’s key campaign promises: higher taxes. To read this article:
Fed officials kept a patient tone in terms of tightening monetary policy,
(CNBC) The Federal Open Market Committee’s June 15-16 meeting summary provided only a few new glimpses into talks about when the central bank should begin reducing the pace of its bond purchases. To read this article:
Institutional investors are increasingly focusing on cryptocurrencies and digital assets, says new study
(Hedgeweek) A new survey of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who currently have exposure to cryptocurrencies and digital assets, reveals that 82 per cent expect to increase their exposure between now […]
Investors say banks must toughen climate policies or face AGM rebellion – letter
(Reuters) – Investors managing $4.2 trillion on Wednesday called on some of the world’s biggest banks to toughen their climate and biodiversity policies or risk rebellions at their next annual meetings. To read this article:
OPEC discord could unleash a new level of volatility in oil market
(CNBC) Disagreement within OPEC could trigger a more a volatile period for oil, with prices jumping on lack of new supply or sinking suddenly if member countries decide to release crude independently. Oil prices initially surged to a six-year high […]
Blackstone to buy ESG software provider Sphera in $1.4 billion deal
(Reuters) Blackstone Group Inc said on Tuesday it will buy Sphera, a environmental, social and governance (ESG) software, data and consulting services provider, from private equity firm Genstar Capital in a $1.4 billion deal. Chicago, Illinois-based Sphera has more than […]
Fintech giant Wise is set go public in a rare Spotify-style listing
(CNBC) Wise, one of Britain’s biggest fintech companies, is about to go public. And it will be a major test for post-Brexit London. The money transfer firm has opted to list its shares directly on the London Stock Exchange, using […]
Activist investor Starboard has been trying for months to remove Box CEO Aaron Levie
(CNBC) Starboard Value, the second-biggest investor in software company Box, has spent the past seven months trying to get CEO Aaron Levie removed from his leadership role, according to a proxy filing on Tuesday. To read this article:
Stock futures are flat after S&P 500 and Nasdaq notch another round of records
(CNBC) Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high. Futures on the Dow Jones Industrial Average rose just 30 points. […]