Category Archives: Syndicated

Pandemic piles pressure onto hedge funds’ cybersecurity

(Hedgeweek) The coronavirus pandemic has brought about a sea change in hedge funds’ cybersecurity concerns, with the remote working environment pushing firms to re-evaluate how they safeguard and secure data and privacy in the cloud amid a rise in phishing […]

Private Debt Investors Doubtful of their Ability to Handle Defaults in a Post-Pandemic Downturn

(Hedgeweek) An overwhelming majority (87 per cent) of capital markets investors are pursuing direct lending strategies though almost half (47 per cent) lack confidence in their ability to manage loss recoveries which could have serious implications if corporate defaults rise […]

Workers’ wages are rising at the fastest pace in years. Companies’ profits could take a hit

(CNBC) Workers are getting higher wages, but at some point that could bite into companies’ profits. As the economy reopens, costs are climbing for everything from packaging and raw materials to shipping. In addition to these expenses, companies are also […]

SS&C GlobeOp hedge fund Forward Redemption Indicator at 2.46 per cent for May

(Hedgeweek) SS&C Technologies Holdings, Inc has announced that the SS&C GlobeOp Forward Redemption Indicator for May 2021 measured 2.46 per cent, down from 2.07 per cent in April. To read this article:

What Next for Humans in The Hedge Fund Machine Learning Revolution?

(Hedgeweek) This year’s hedgeweekLIVE Technology Summit opened with an in-depth examination of future trends in hedge fund technology, with panellists exploring how managers are ramping up their use of natural language processing, AI and machine learning tools, and improving efficiency […]

Robinhood will give retail investors access to IPO shares

(CNBC) Robinhood is giving amateur investors access to initial public offering shares in its latest move to democratize retail investing. IPO shares have historically been set aside for Wall Street’s institutional investors or high-net worth individuals. To read this article:

Billion-Dollar Club Hedge Funds Up 6.1% YTD after a 2.5% gain in April

(Opalesque) Hedge funds managing over $1bn outperformed their sub-$1bn peers in April, aided by another surge in event-driven performance, said HFM. The billion-dollar club (BDC) hedge funds rose 2.5% last month compared to an average 2.2% gain in the sub-BDC […]

U.S. Treasury calls for stricter cryptocurrency compliance with IRS, says they pose tax evasion risk

(CNBC) The Treasury Department on Thursday announced that it is taking steps to crack down on cryptocurrency markets and transactions, and said it will require any transfer worth $10,000 or more to be reported to the Internal Revenue Service. To […]

Dogecoin jumps after series of Elon Musk tweets fans more wild cryptocurrency trading

(CNBC) The price of dogecoin spiked on Thursday after Tesla CEO Elon Musk mentioned the coin on Twitter, adding another chapter to the volatile history of a cryptocurrency that started as a joke. The price of the digital coin was […]

U.S. proposes global minimum corporate tax rate of 15%, with an eye on something even higher

(CNBC) Corporations around the world should pay at least a 15% tax on their earnings, the Treasury Department said Thursday as part of its push for a global minimum for businesses. The final rate could go even higher than that. […]

How “omnipresent” client conferencing is a game-changer for hedge fund manager-investor relationships

Hedgeweek) The increased frequency of client communications during the pandemic has been a “game-changer” for the hedge fund manager-allocator dynamic, according to speakers on the fundraising and investor relations panel at this year’s hedgeweekLIVE Technology Summit. To read this article:

The Fed hinted it could reconsider easy policies if economy continues rapid improvement

(CNBC) Federal Reserve officials at their April meeting said a strong pickup in economic activity would warrant discussions about tightening monetary policy, according to minutes from the session released Wednesday. To read this article: