Opalesque) Apollo Global Management is venturing into the world of impact investing, following some of its biggest peers in targeting funds dedicated to sustainability. The New York-based global alternative investment manager announced the leadership team for the new platform known […]

(CNBC) Two months after Facebook’s massive IPO in 2012, venture capitalist Mike Speiser was a few miles away from the social networking company, incubating a software start-up from his nondescript office near a movie theater in Palo Alto, California. The […]

(CNBC) Warren Buffett, the man who pioneered buy and hold investing, just made quite a fast billion bucks from a type of investment he once mocked. Berkshire Hathaway bought $250 million worth of Snowflake stock at the IPO price and […]

(Hedgeweek) As Wall Street experienced its best August since the 1980s, the hedge fund industry posted its fifth straight positive month returning 2.42 per cent in August, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of […]

(Hedgeweek) Outdated trading systems and clunky manual processes are hampering hedge funds’ efforts to swiftly execute trade orders to the market, resulting in an annual hit of some USD8 million – which could worsen in the event of renewed volatility […]

(CNBC) The Fed does not expect to see inflation pick up for years, and it is willing to keep rates at zero even after it does. Stocks initially surged after the Fed released its post-meeting statement and its latest economic […]

(Opalesque) Altegris Holdings and Artivest Holdings today announced they have entered into a definitive agreement under which Matt Osborne, Altegris Co-Founder and Artivest Chief Investment Officer, in partnership with Continuum Capital Managers, co-founded by Doug Grip and Steve Vanourny, will […]

(Opalesque) As Wall Street experienced its best August since the 1980s, the hedge fund industry posted its fifth straight positive month returning 2.42% in August, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. […]

(CNBC) U.S. stock futures were flat in overnight trading as investors readied for comments from the Federal Reserve on Wednesday.  Dow futures dipped 20 points. S&P 500 and Nasdaq 100 futures were also set to open flat, with losses of […]

(CNBC) While committed to keeping interest rates low for the next several years, the Federal Reserve still has plenty of work to do as it steers the U.S. economy through the coronavirus pandemic. As central bank officials gather Tuesday and […]

(CNBC) Short-term thinking is causing governments around the world to make “really dumb decisions” on economic policy, according to J.P. Morgan CEO Jamie Dimon. Dimon suggested the U.S. Federal Reserve had succeeded in averting a financial crisis in the wake […]

(CNBC) September’s early volatility may be no match for what comes after the presidential election. Wells Fargo Securities’ Michael Schumacher notes volatility is set to jump following the results — not recede. “Normally, you might think that it’s Election Day or […]