Category Archives: Syndicated
Hedge funds are on a roll with strongest Jan-to-April returns in 20 years
(Hedgeweek) Hedge funds are on a roll this year, with the industry recording its best January-to-April performance in more than 20 years, as managers profited from tech gains, commodities moves, strong earnings, and renewed optimism over the reopening US economy. […]
Trend-following hedge funds’ winning streak continues into May
(Hedgeweek) CTAs and trend-following hedge funds have begun May positively. Société Générale’s main broad-based CTA Index has advanced 1.37 per cent so far this month, which has brought its year-to-date return to more than 7 per cent. To read […]
Digital asset flows total $373m, says CoinShares
(Hedgeweek) Digital asset investment products saw inflows totaling $373 million last week highlighting a resurgence, according to the latest CoinShares Digial Asset Fund Flows weekly report. To read this article:
Investment managers face fierce competition
(CNBC) The traditional asset managers around the world face pressure on margins “in 2021 and beyond due to fee compression driven by fierce competition,” revealed a study. According to a new report from Fitch Ratings, the traditional stock and bond […]
The Strategic Funds expands into crypto market with new fund launch
(Opalesque) The Strategic Funds, an alternative investments and private equity manager, has launched a new cryptocurrency fund. The new Fund will offer accredited investors exposure to a diversified portfolio of crypto assets, beyond just Bitcoin. To read this article:
Hedge funds gains accelerate in April
(Opalesque) Hedge funds advanced in April for the seventh consecutive month on strong corporate earnings and investor optimism regarding the US economic reopening, extending gains from both 1Q21 and FY20. The HFRI Fund Weighted Composite Index (FWC) gained +2.7 percent […]
Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum
(CNBC) Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up more than 400% so far this year. While it is easier than ever to buy a fraction of one ether using an […]
New York hedge fund founder Kamensky sentenced to prison in Neiman Marcus fraud
(Reuters) The New York hedge fund founder who predicted he might “go to jail” for corrupting the sale of some assets during the bankruptcy of Neiman Marcus has been sentenced to six months in prison. Daniel Kamensky, 48, of Roslyn, […]
Dogecoin plunges nearly 30% during Elon Musk’s SNL appearance
(CNBC) As Elon Musk – the self-proclaimed “Dogefather” – made his “Saturday Night Live” debut, the price of dogecoin fell off a cliff. The meme-inspired cryptocurrency fell as much as 29.5%, dropping to 49 cents at one point. Musk mentioned […]
This bitcoin misconception could be what takes it to $250,000, according to Morgan Creek’s Yusko
(CNBC) Bitcoin may be struggling to break back above $60,000, but Morgan Creek Capital Management’s Mark Yusko is aiming even higher. The investment management firm’s founder and chief investment officer predicts the cryptocurrency could reach $250,000 within five years. He […]
Inflation is the big challenge for markets and the Fed in the week ahead
(CNBC) After April’s disappointing jobs report, market focus will shift squarely to inflation in the week ahead. The tug-of-war over tech stocks will also continue to be a dominant force in the stock market, after Friday’s bounce more than halved […]
Cathie Wood loves the setup for her stocks after sell-off, expects big returns from her strategies
(CNBC) Cathie Wood, founder of Ark Invest, said Friday that the pullback in technology stocks is not a cause for concern, and that her long-term bets will pay off over time. “I love this setup,” “The worst thing that could […]