Category Archives: Syndicated
Altice losses prompt Millennium to liquidate Feasey credit trades
(Hedgeweek) Losses incurred from failed bets on telecom network Altice have prompted multi-strategy major Millennium Management to liquidate wagers made by Portfolio Manager and credit trading specialist Jason Feasey, according to a report by Bloomberg. To read this article:
Digital assets funds see an additional $646m in inflows
(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:
Macy’s settles proxy fight with activist Arkhouse, adds two of the firm’s nominees as directors
(CNBC) Macy’s on Wednesday said it settled its proxy fight with investor Arkhouse, appointing two of the firm’s nominees to its 15-person board. Ric Clark and Rick Markee will join Macy’s board effective immediately. They’ll be part of the committee […]
Stock futures are flat as key March inflation report looms: Live updates
(CNBC) Stock futures hovered near the flatline Tuesday night as investors await key U.S. inflation data that will inform the Federal Reserve’s path on rate policy. Futures tied to the Dow Jones Industrial Average added 37 points, or 0.09%. S&P […]
Losses prompt Blackstone-backed Antara to freeze illiquid assets
(Hedgeweek) A second straight year of losses has prompted Antara Capital, a $1.3bn hedge fund backed by Blackstone, to block redemptions from its illiquid assets by placing them in a so-called side-pocket, according to a report by Bloomberg. To read […]
Intel unveils latest AI chip as Nvidia competition heats up
(CNBC) Intel on Tuesday unveiled its latest artificial intelligence chip, called Gaudi 3, as chipmakers rush to produce semiconductors that can train and deploy big AI models, such as the one underpinning OpenAI’s ChatGPT. Intel says the new Gaudi 3 […]
A crucial report Wednesday is expected to show little progress against inflation
(CNBC) A closely watched Labor Department report due Wednesday is expected to show that not much progress is being made in the battle to bring down inflation. If so, that would be bad news for consumers, market participants and Federal […]
Digital assets funds see an additional $646m in inflows
(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:
Solana helps Pantera to 66% Q1 gain
(Hedgeweek) Switching holdings from bitcoin and ether to solana and other ‘minor’ cryptocurrencies helped digital assets hedge fund firm Pantera Capital’s roughly $300m Liquid Token Fund record a 66% Q1 return, according to a report by Bloomberg. To read this […]
IDW Group Founder says hedge fund talent want more than money
(Hedgeweek) Rising stars in the hedge fund industry are now considering factors beyond financial compensation as they strategise their career paths, according to Ilana Weinstein, Founder and CEO of the IDW Group, which calls itself a “leading boutique for hedge […]
Stock futures are little changed as investors await March inflation data: Live updates
(CNBC) Stock futures were little changed on Monday, as investors looked ahead for forthcoming inflation data. Futures tied to the S&P 500 hovered near the flatline. Nasdaq 100 futures advanced nearly 0.1%, while Dow Jones Industrial Average futures gained 16 […]
Activist hedge fund Bluebell challenges BlackRock’s leadership
(Hedgeweek) London-based activist hedge fund Bluebell Capital Partners has set its sights on BlackRock, the world’s largest asset manager, with a proposal to oust Larry Fink, the company’s Founder, from his position as Chairman, according to a report by the Wall Street […]