Monthly Archives: March 2024

(CNBC) The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on hold until next year. “I’m in the […]

(Hedgeweek) GCEX, a digital brokerage specialising in FX and digital assets, has released XplorTrader, its margin trading platform, which is aimed at institutional and professional traders including hedge funds and asset managers.  To read this article:

(CNBC) Stock futures were climbed on Monday morning, as Wall Street awaits guidance on monetary policy from the Federal Reserve this week. Futures tied to the S&P 500 ticked up 0.27%. Dow Jones Industrial Average futures hovered near the flatline, […]

(CNBC) Goldman Sachs now expects the Bank of Japan to raise interest rates for the first time in 17 years at its March meeting this week, bringing forward its previous forecast for an April decision. The bank’s senior Japan economist […]

(Hedgeweek) The prospect of artificial intelligence-powered large language models (LLMs) replacing fund managers and deciding what stocks to buy is “just a fantasy”, according to Citadel’s Founder and Chief Executive Officer Ken Griffin. To read this article:

(CNBC) There may be a stronger case to invest in single stocks over exchange-traded funds in the weight loss space. Amplify ETFs and Roundhill Investments each filed a prospectus last week to launch funds focused on weight loss companies, a […]

(Hedgeweek) Hedge fund firms that invest in credit are of more interest to allocators than any other strategy for the second year running, according to the Goldman Sachs prime services hedge funds insights and analytics team’s 2024 Hedge Fund Industry […]

(Hedgeweek) Balyasny Asset Management has added Peter Anderson, previously a Senior Research Scientist at Google, as a Senior AI Researcher to its applied artificial intelligence team, led by Charlie Flanagan, according to a report by eFinancial Careers. To read this […]

(CNBC) Stock futures were near flat Thursday night as investors analyzed the fresh batch of corporate earnings and attempted to look beyond the latest inflation reading. Futures tied to the Dow Jones Industrial Average lost 10 points, trading near the […]

(Hedgeweek) US crypto index fund manager Bitwise Asset Management’s Bitwise Bitcoin ETF (BITB) has surpassed $2bn in AUM just two months after the Securities and Exchange Commission gave the go-ahead for the launch of the first spot bitcoin ETFs in […]

(Hedgeweek) Steve Cohen’s Point72 Asset Management is limiting new investor inflows in a bid to ensure it secures the best possible returns for existing clients, with AUM already sitting at a record high of $32bn, according to a report by […]

(Hedgeweek) Hazeltree, a specialist in active treasury and intelligent operations technology for the alternative asset industry, has launched version 11, a series of enhancements to its treasury and liquidity management platform for hedge find and private markets clients. To read […]