Category Archives: Syndicated
Interactive Brokers launches high touch PB service and global outsourced trading
(Hedgeweek) Global electronic brokerage firm Interactive Brokers has added to its offering for hedge funds with the launch of a high touch prime brokerage and global outsourced trading services to complement the firm’s existing automated trading platform. To read this […]
Stock futures are little changed as Wall Street awaits bank earnings: Live updates
(CNBC) Stock futures flickered near the flatline on Thursday night as traders looked ahead to the release of corporate earnings from major U.S. banks. Dow Jones Industrial Average futures rose by 18 points, or 0.05%. S&P 500 futures and Nasdaq […]
Brevan Howard’s crypto fund up 35% in Q1
(Hedgeweek) Brevan Howard Asset Management’s cryptocurrency fund, BH Digital, which manages around $1.7bn in assets, returned 34.5% in the first three months of the year, bringing total gains since it debuted in March 2022 to nearly 51%, according to a […]
FTX founder Sam Bankman-Fried appeals fraud conviction, 25-year prison sentence
(CNBC) A lawyer for FTX founder Sam Bankman-Fried on Thursday filed a notice of appeal of his federal fraud and conspiracy conviction and his 25-year prison sentence. Bankman-Fried’s appeal came two weeks after he was sentenced in U.S. District Court […]
JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
(CNBC) JPMorgan will be watched closely for clues on how banks fared at the start of the year. While the biggest U.S. bank by assets has navigated the rate environment well since the Federal Reserve began raising rates two years […]
The upcoming bitcoin halving is different from others before it. Here’s what investors need to know
(CNBC) Just a few years ago, the bitcoin halving was something celebrated by only the earliest cryptocurrency lovers, who swore by it as a core feature of a revolutionary, anti-establishment deflationary asset. Now, bitcoin has been embraced by the biggest […]
Apple shares just had their best day since last May
(CNBC) Apple shares climbed 4.3% on Thursday to a share price of $175.04. It is Apple’s best day since May 5, 2023. Apple’s rise came during a strong day for technology stocks, especially those in artificial intelligence, as the Nasdaq […]
DE Shaw’s Valence fund off to strong start in 2024
(Hedgeweek) Quant hedge fund firm DE Shaw’s statistical arbitrage Valence fund has started the year strongly with a 9% Q1 gain, beating the average 5% hedge fund gain for the first three months of the year, but falling shy of […]
Stock futures slip on Wednesday evening as traders brace for another inflation report: Live updates
(CNBC) Stock futures dipped as Wall Street looked ahead to a second key inflation report. Futures tied to the Dow Jones Industrial Average slid 90 points, or about 0.2%, while S&P 500 futures also lost 0.2%. Nasdaq-100 futures fell 0.2%. […]
Hedge funds sell US stocks for fifth week running
(Hedgeweek) Digital asset investment products continued to benefit from positive investor sentiment last week with inflows totalling $646m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. To read this article:
Alternative fund managers struggle with compliance
(Hedgeweek) Alternative fund managers, including hedge fund managers, are losing investment mandates or clients because of compliance issues, according to research from Ocorian and Newgate Compliance, both providers of regulation and compliance services for funds, corporates, capital markets and private […]
The ‘supercore’ inflation measure shows Fed may have a real problem on its hands
*CNBC) A hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading. Along with the overall inflation measure, economists also look […]