(Marketwatch) “I applaud the president for unifying the country. It just happens to be against him.” That’s former White House communications director Anthony Scaramucci, criticizing his former boss Tuesday on MSNBC. Scaramucci, who in 2017 was famously fired by President […]

(Marketwatch) The top is in for the U.S. stock market after an “enormous” bubble in technology stocks popped last month, Greenlight Capital founder David Einhorn warned in a letter dated Oct. 27 to investors reviewed by MarketWatch. To read this […]

(Hedgeweek) Capstone Investment Advisors, the global volatility and derivatives-focused hedge fund, believes the lack of volatility both in the US election polls and president Donald Trump’s personal approval ratings suggests Democrat challenger Joe Biden is on course to win the […]

(Hedgeweek) By Joshua D Kestler, Global Head of HedgeMark, BNY Mellon – In the 12 years since the 2008 financial crisis, many large institutional investors have adopted Dedicated Managed Account (DMA) structures in order to address the challenges in commingled […]

(Bloomberg) U.S. regulators are shelving a controversial plan to allow most hedge funds to keep their stock investments secret after public companies and other critics blasted the proposal as a major blow to market transparency. To read this article:

(Opalesque) Investors with a collective $6.5 trillion in assets reminded U.S. companies with the highest greenhouse gas (GHG) emissions to disclose their lobbying activities related to climate change – and to prepare for more shareholder pressure. To read this article:

(CNBC) Microsoft shares moved 2% lower in extended trading on Tuesday after the company reported quarterly revenue guidance that fell short of analysts’ expectations. Fiscal first-quarter earnings exceeded estimates, though. To read this article:

(CNBC) Charles Schwab said Monday it is laying off 1,000 employees from the combined Schwab-TD Ameritrade company. “We have begun notifying individuals that their roles have been eliminated and they will be leaving the firm.” To read this article:

(Hedgeweek) US long/short equity hedge funds are said to be “cautiously” positioning their portfolios on a Joe Biden victory in next week’s US presidential election. To read this article:

(Reuters) Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for $2.6 billion in a make-or-break attempt to survive the COVID-19 pandemic, which has stopped planes flying and hammered its finances. To read this article:

(Opalesque) 2019 was an exceptional year for wealth creation, with total global wealth rising by USD36.3 trillion. The onset of the pandemic, however, resulted in a USD17.5 trillion drop in household wealth between January to March, said Credit Suisse Research […]

(Opalesque) The world’s 500 largest asset management companies exceeded the $100trn threshold in assets under management for the first time in the sector’s history. They ended 2019 with a cumulated $104.4trn in assets under management, up 14.8% year-on-year, said a […]