Monthly Archives: January 2024
Millennium backs Taula Capital launch with $3bn
(Hedgeweek) Multi-strategy major Millennium Management has provided $3bn to support the launch of Taula Capital, a new macro hedge fund, by former Millennium portfolio manager Diego Magia, according to a report by the Financial Times To read this article:
Rokos hedge fund up 8.8% in 2023, despite early-year struggles and December loss
(Hedgeweek) Rokos Capital Management, the macro trading hedge fund fume founded by Chris Rokos, overturned early-year losses to end 2023 with an 8.8% gain, despite suffering a loss in the final month of the year, according to a report by […]
Digital assets funds see inflows of $151m in first week of 2024
(Hedgeweek) Digital asset investment products saw inflows totalling $151m in the first week of 2024, bringing the total inflows since the Grayscale vs SEC lawsuit to $2.3bn, according to the latest Digital Assets Fund Flows weekly report from CoinShares. To […]
Hedge funds surged in December as inflation and bond yields fell, says HFR
(Hedgeweek) Hedge fund performance surged through year-end, with December showing an acceleration in gains driven by a decline in inflation, falling bond yields, and structural developments in cryptocurrency, according to HFR. To read this article:
Bitcoin slides after SEC social media account is compromised, sends false ETF approval post
(CNBC) The price of bitcoin fell during late afternoon trading Tuesday following a false social media post from the X account of the U.S. Securities and Exchange Commission that stated the agency had approved bitcoin exchange-traded funds for trading. The […]
SEC’s account compromise was not ‘due to breach of X’s systems,’ company says
(CNBC)Social media X said late Tuesday it has completed a preliminary probe into the compromised account of the U.S. Securities and Exchange Commission that displayed a false post claiming the SEC had approved bitcoin ETFs for trading. “Based on our […]
HPE to acquire Juniper Networks for $14 billion
(CNBC) Hewlett Packard Enterprise said it’s agreed to buy networking gear vendor Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal. To read this article:
Hedge funds cut tech and consumer stock bets in early 2024
(Hedgeweek) The tech stock sell-off by global hedge funds continued for the third week running last week with mangers with managers cutting their long wagers in the sector at the highest level seen in 11 weeks, according to a report […]
Top Goldman Sachs analyst says the world is moving into a new super cycle
(CNBC) “We are moving clearly into a different super cycle.” Super cycles are commonly defined as lengthy periods of economic expansion, often accompanied by growing GDP, strong demand for goods leading to higher prices and high levels of employment. To […]
Samsung warns fourth-quarter profit could plunge 35%, misses expectations
(CNBC) Samsung said that for the October-December quarter, operating profit is likely to be 2.8 trillion South Korean won ($2.13 billion), down 35% from the same period a year ago where the firm reported an operating profit of 4.31 trillion […]
Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet
(CNBC) Based on progress, Governor Bowman’s view has evolved to consider the possibility that the rate of inflation could decline further with the policy rate held at the current level for some time,” she said. “Should inflation continue to fall […]
Haidar follows record 193% gain with big double-digit loss
(Hedgeweek) A dramatic reversal in fortunes at macro trader Said Haidar’s Jupiter Fund has left investors nursing big double digital losses for last year, following record returns in the previous 12 month period, according to a report by Bloomberg. To […]
