(CNBC)Neil Rimer recalls having early conversations about what became Roblox when he was studying at Stanford in the 1980s. He was college buddies with David Baszucki, the gaming company’s founder and CEO. More than three decades later that idea has […]

(Opalesque) As a large portion of institutional investor allocators are finding that their investments in the alternative vehicles are meeting or exceeding expectations, demand for hedge funds is on the rise, said a survey. To read this article:

(CNBC) Retail investors are continuing to jump into the market in droves even after the dust has settled from the GameStop trading saga. The major online brokers continue to see elevated app downloads, well above levels from last year, according […]

(Hedgeweek)A majority of investors now believe hedge funds are best placed to enhance the performance of a traditional 60/40 equities and bonds portfolio, with the prevailing rate environment driving a “sense of urgency” among allocators to tap into new sources […]

(Reuters) The chief executive officer of Tegna Inc on Tuesday apologized for having mistaken a Black executive, who this year became a candidate for the broadcast company’s board, for a hotel car valet in 2014. Adonis Hoffman, a lawyer, media […]

(Reuters) The relief package, which is on track to be signed into law later this week, is set to provide $400 billion in direct payments of $1,400 per person, helping individuals earning less than $80,000 annually and couples making less […]

(CNBC) House Democrats aim to pass the $1.9 trillion coronavirus relief bill on Wednesday so President Joe Biden can sign it by the weekend. The chamber received the Senate-passed package on Tuesday, and will take procedural steps to set up […]

(Opalesque) In the week ending March 05th, 2021, data provider Preqin said that hedge funds assets under management (AUM) grew to just shy of $4tn in Q4 2020, mainly driven by performance. AUM rose $299bn from the end of Q3, […]

(CNBC) Inflation is just warming up, but by late spring it could get downright hot, even if temporarily. February’s consumer price index — a measure of inflation — is expected to be up moderately when it is released Wednesday at […]

(Opalesque) 2020 resulted in the worst ever global airline financial performance. From a position where 2019 profits were just under $26bn, losses are expected to be over $118bn in 2020, according to KPMG. The prevailing hope is that the vaccine […]

(Hedgeweek) The Standards Board for Alternative Investments (SBAI) has published a memo that provides a framework for alternative investment managers to navigate the complexities of developing a Responsible Investment approach. To read this article:

(CNBC) Investment firms, including Cerberus Capital Management and the Carlyle Group, and an organization that advocates for the private equity industry have recently hired lobbyists as lawmakers take aim at tax loopholes. Democrats in Congress are looking to close the […]