Monthly Archives: June 2022
Quarter-end buying may lift stocks higher before the next market storm
(CNBC) The stock market is about to close out its worst first half in decades in the week ahead, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of […]
El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances
(CNBC) El Salvador bet its economic salvation on bitcoin, but so far the gamble isn’t paying off like President Nayib Bukele hoped it would. The government’s crypto coffers have been cut in half, bitcoin adoption nationwide isn’t really taking off, […]
SEC Adopts Rules to Require Electronic Filing for Investment Advisers and Institutional Investment Managers
(HedgeCo.Net) The Securities and Exchange Commission has adopted amendments to require certain documents filed by investment advisers, institutional investment managers, and certain other entities to be filed or submitted electronically. The amendments also make technical amendments to modernize Form 13F […]
Hedge fund managers were down -0.56% in May
(Opalesque) Hedge fund managers were down -0.56% in May, outperforming the tech-heavy NASDAQ by 1.49% but trailed behind the S&P 500 by 0.57%. Around 39.6% of global hedge funds have generated positive returns in May, while around 40.0% of them […]
Stock futures rise as Wall Street looks to snap losing streak
(CNBC) Stock futures gained on Friday morning as Wall Street looked to grind out a rare positive week in what has been a rough first half of the year. Futures tied to the Dow Jones Industrial Average rose 102 points, […]
Apollo, Hostplus team up to launch $1.25bn Asia Pacific credit strategy
(Opalesque) The global alternative asset manager Apollo Global Management said it will launch an Asia Pacific credit strategy in partnership with Hostplus, an industry superannuation fund in Australia. The new strategy launches with $1.25 billion in assets after an inaugural […]
Quant funds cash in on crypto volatility
(Hedgeweek) Some computer-driven quant funds are benefitting from the current turmoil in the cryptocurrency markets, according to a report by The Financial Times. To read this article:
42% of AuM across private capital is managed by funds that have an active ESG policy
(Opalesque) Preqin has published its annual Environmental, Social, and Governance (ESG) report: ESG in Alternatives 2022: The Transparency Tipping Point. The report provides the latest insights on developments in what is becoming a necessary competency for private market managers that […]
Powell tells Congress the Fed is ‘strongly committed’ on inflation, notes recession is a ‘possibility’
(CNBC) Federal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen. “At the Fed, we understand the hardship high inflation is causing. We […]
Financial advisors want alternative investments for everyone,
(Opalesque) A majority of financial professionals, including RIAs, believe that all retail investors should have the same access to alternatives as accredited investors. Financial advisors already widely recommend that clients who meet the accredited investor requirements allocate to alternatives, according […]
Coinbase shares fall after rival Binance.US drops spot bitcoin trading fees
(CNBC) Coinbase shares fell almost 10% on Wednesday after rival crypto exchange Binance.US said it’s dropping certain trading fees for customers. Binance.US, the U.S. affiliate of the largest crypto exchange in the world by trading volume, said it will allow […]
Digital assets investment products outflows total $39m
(Hedgeweek) Digital asset investment products saw outflows totalling $39 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares. Total assets under management (AuM) are now at their lowest point since February 2021, at $36 billion, a […]