Category Archives: Syndicated

All-star investor Rich Bernstein warns bitcoin is a bubble

(CNBC) Institutional Investor Hall of Famer Richard Bernstein is sounding the alarm on bitcoin. He warns bitcoin is a bubble and crypto fever is pushing investors away from the market groups positioned to grab the biggest gains, particularly oil. To […]

SS&C GlobeOp Hedge Fund Performance Index returns 0.54 per cent in June

(Hedgeweek) SS&C Technologies Holdings has announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2021 measured 0.54 per cent. To read this article:

Aquis Capital launches new fund of funds

(Opalesque) Zurich-based Aquis Capital has launched a new fund of funds focused on ESG. The Leo – Impactis Fund invests in ESG focused hedge funds globally. The fund will target returns of 8-12% per year. To read this article:

SEC Charges Investment Adviser for Three Separate Frauds

(HedgeCo.Net) The Securities and Exchange Commission has charged Edgar M. Radjabli of Boca Raton, Florida, and two entities he controlled for engaging in three separate securities frauds of escalating size. The SEC’s complaint alleges that Radjabli, formerly a practicing dentist, […]

Anthony Scaramucci says DeFi curbs systemic risk amid bitcoin volatility,

(HedgeWeek) Decentralisation of cryptocurrencies is helping curb systemic risk amid the ongoing digital asset price volatility, Anthony Scaramucci, founder and managing partner of SkyBridge Capital, told Hedgeweek. To read this article:

Stanley Druckenmiller says the Fed’s easy money is lulling investors into a false sense of security

(CNBC) The Fed’s repeatedly said any spike in inflation will be transitory as the economy recovers from the depths the pandemic, suggesting monetary accommodation put place during the early days of Covid will remain for the foreseeable future. With the […]

‘Shocking’ inflation numbers will hurt reopening trades, economist David Rosenberg predicts

(CNBC) Economist David Rosenberg believes the bond market is getting inflation right and yields shouldn’t trade at higher levels. His reasoning: Inflation is a temporary phenomenon caused by enormous pent-up demand and supply chain issues connected to the coronavirus pandemic. […]

Bitcoin pops 10% after Musk suggests Tesla could accept the cryptocurrency again

(CNBC) Bitcoin’s price surged Sunday evening stateside after Tesla CEO Elon Musk said the electric vehicle maker could accept bitcoin transactions again in future. As of 11:09 p.m. ET Sunday, Bitcoin surged 10.2% to $38,903.23, according to data from Coindesk. […]

Global investable assets reach record $250tn in 2020, despite COVID-19

(Opalesque) According to a report by Boston Consulting Group (BCG), despite the pandemic’s enduring financial impact, global prosperity and wealth grew significantly throughout the crisis and are likely to continue to expand significantly over the next five years, in line […]

State Street launches digital unit to capitalize on crypto craze

(Opalesque) State Street Corporation is establishing a new division focused on digital finance to include services for crypto, central bank digital currency, blockchain, and tokenization. To read this article:

Inflation is hotter than expected, but it looks temporary and likely won’t affect Fed policy yet

(CNBC) Consumer prices jumped more than expected in May, but the surge in inflation looks to be temporary and should not push the Federal Reserve to tighten policy for now. The consumer price index rose 5% in May on a […]

Meme stocks hit a wall on Thursday with GameStop, AMC and Clover down big

(CNBC) The meme stock mania created by the day trading Reddit crowd fizzled a bit on Thursday. It’s easy come, easy go for many speculative names favored by retail investors including AMC Entertainment and GameStop as they suffered double-digit losses on […]