Monthly Archives: May 2021
All eyes are on this inflation number, which could have the biggest gain in nearly a decade
(CNBC) Consumer inflation data for April is expected to show the biggest year-over-year gain in nearly a decade. The anticipated 3.6% jump in the headline consumer price index in April would be the largest since Sept. 2011. CPI is expected […]
Why investors should look past this week’s inflation data, according to Credit Suisse’s Golub
(CNBC) Consumer prices data for April is scheduled for release Wednesday morning and producer prices on Thursday. “It is making a lot of people uncomfortable, and I think that is ultimately what is giving the market some near-term indigestion,” According […]
Bitcoin’s march towards the mainstream
(Reuters) Bitcoin hit a record high just shy of $65,000 last month, the latest landmark on its march to wider acceptance. A growing embrace by major companies and financial firms, particularly in the United States, have fuelled its gains. To […]
Opimas estimates that over $190 billion worth of bitcoin is currently at risk due to sub-par safekeeping
(Hedgeweek) A number of institutional participants and even some large cryptocurrency exchanges are relying on sub-par custody approaches when holding digital assets on behalf of clients, according to Opimas, with the company estimating that over $190 billion worth of bitcoin […]
SEC Awards $22 Million to Two Whistleblowers
(HedgeCo.Net) The Securities and Exchange Commission today announced awards totaling approximately $22 million to two whistleblowers whose information and assistance were of crucial importance to successful SEC enforcement actions brought against a financial services firm. The first whistleblower received an […]
Hedge funds are on a roll with strongest Jan-to-April returns in 20 years
(Hedgeweek) Hedge funds are on a roll this year, with the industry recording its best January-to-April performance in more than 20 years, as managers profited from tech gains, commodities moves, strong earnings, and renewed optimism over the reopening US economy. […]
Trend-following hedge funds’ winning streak continues into May
(Hedgeweek) CTAs and trend-following hedge funds have begun May positively. Société Générale’s main broad-based CTA Index has advanced 1.37 per cent so far this month, which has brought its year-to-date return to more than 7 per cent. To read […]
Digital asset flows total $373m, says CoinShares
(Hedgeweek) Digital asset investment products saw inflows totaling $373 million last week highlighting a resurgence, according to the latest CoinShares Digial Asset Fund Flows weekly report. To read this article:
Investment managers face fierce competition
(CNBC) The traditional asset managers around the world face pressure on margins “in 2021 and beyond due to fee compression driven by fierce competition,” revealed a study. According to a new report from Fitch Ratings, the traditional stock and bond […]
The Strategic Funds expands into crypto market with new fund launch
(Opalesque) The Strategic Funds, an alternative investments and private equity manager, has launched a new cryptocurrency fund. The new Fund will offer accredited investors exposure to a diversified portfolio of crypto assets, beyond just Bitcoin. To read this article:
Hedge funds gains accelerate in April
(Opalesque) Hedge funds advanced in April for the seventh consecutive month on strong corporate earnings and investor optimism regarding the US economic reopening, extending gains from both 1Q21 and FY20. The HFRI Fund Weighted Composite Index (FWC) gained +2.7 percent […]
Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum
(CNBC) Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up more than 400% so far this year. While it is easier than ever to buy a fraction of one ether using an […]