Category Archives: Syndicated
Google’s recently promoted Search boss earned cash and stock worth $55 million last year
(CNBC) Google’s recently promoted Search boss Prabhakar Raghavanearned cash and stock $55.25 million last year, according to the company’s annual proxy filing with the U.S. Securities and Exchange Commission. That amount takes into account his 2020 fiscal year salary of […]
Rehabilitating macro hedge funds
(Reuters) For all the bad press, much-maligned hedge funds have had their best start to the year in decades, while mixed stock and bond funds flattered to deceive – and even macro hedge funds are back in vogue. High-profile battles […]
Biden to propose capital gains tax of 39.6% to fund education and child care, reports say
(CNBC) President Joe Biden will seek to raise taxes on millionaire investors to fund education and other spending priorities as part of the administration’s effort to overhaul the U.S. economy. As part of the plan, Biden will seek an increase […]
Blackstone’s first-quarter earnings surge as it cashes out on assets
(Reuters) Blackstone Group Inc, the world’s largest manager of alternative assets such as private equity and real estate, said on Thursday that its distributable earnings more than doubled in the first quarter to $1.2 billion as it cashed out on […]
Fired fund manager Friess to battle AMG over Brandywine portfolios
(Reuters) Mutual fund manager Friess Associates plans to challenge its firing by asset manager Affiliated Managers Group and ask investors to reject the proposed transfer of more than $1 billion in funds to its successors, sources told Reuters. To read […]
GSAM survey says insurers with $13tn ready for portfolio risk
(Opalesque) Goldman Sachs Asset Management (GSAM) annual insurance survey revealed that asset managers responsible for investing more than $13 trillion in assets worldwide are planning to take on more risk as the global economy recovers. To read this article:
Ray Dalio is offering everyone a window into their own fragile psyches, free of charge
(Marketwatch) The billionaire hedge-fund manager turned self-help author is offering up a chance for Regular Joes to take a personality assessment worthy of employees at his $140 billion hedge fund, Bridgewater Associates, for free! To read this article:
Crypto inflows hit $4.9 billion as of mid-April -Coinshares data
(Reuters) Inflows into cryptocurrency funds and products hit $4.9 billion as of April 16, with the pace of increase slowing a bit in the first two weeks of the month after hitting record levels in the first quarter To read […]
Hedge fund assets soar to all-time high, fueled by record gains and booming investor confidence
(Hedgeweek) Global hedge fund industry assets swelled to a new record high of USD3.8 trillion in the first three months of 2021, as managers recorded their strongest quarter since 2000 and investors duly poured more capital into a broad selection […]
Preqin All-Strategies Hedge Fund Benchmark up 7.81% in Q1 2021 – best Q1 since 2006
(Opalesque) After a strong 2020, hedge funds’ performance in Q1 2021 continued its positive trajectory, according to the Preqin Quarterly Update: Hedge Funds Q1 2021, the latest hedge fund industry update provided by leading alternative asset data provider Preqin. The […]
Credit Suisse reports $275 million first-quarter loss after Archegos hedge fund scandal
(CNBC) Credit Suisse reported Thursday a net loss of 252 million Swiss francs ($295 million) at a time of increased pressure on the bank. The bank said the loss reflected a “significant charge with respect to the US-based hedge fund […]
Despite SPAC woes, record-breaking run of money into IPOs may continue
(CNBC) Venture capital is off to a sizzling start in 2021, though the market has hit some bumps lately that could be signaling a shifting landscape ahead. Early-year numbers have been eye-popping so far, with a record of $1 billion […]