Monthly Archives: June 2021
Bitcoin has 3 flaws — and that could set the stage for other alternatives, says Cornell economist
(CNBC) Bitcoin, the world’s best known cryptocurrency, has a few flaws — and that’s triggered other digital currencies to come up with more viable options, according to a professor at Cornell University. To read this article:
Fed moves up its timeline for rate hikes as inflation rises
(CNBC) The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates. However, the central bank gave no indication as to when it will […]
BlackRock and iCapital Network expand partnership to include global wealth managers
(Opalesque) iCapital Network and BlackRock announce the expansion of their existing relationship to increase accessibility to private market investments for wealth managers. The combination of BlackRock’s private market investment products and iCapital’s proven technology and solutions will streamline the operational […]
Hedge funds remain an option for some insurers, says new report
(Hedgeweek) The life/annuity and property/casualty insurance segments increased their exposures to hedge funds in 2020, leading to an overall 6 per cent increase in insurance industry investments, according to the latest AM Best report. To read this article:
Credit Suisse prepares insurance claims on Greensill Capital losses – FT
(Reuters) – Swiss bank Credit Suisse has prepared its first insurance claims on losses stemming from its $10 billion of funds tied to collapsed finance group Greensill Capital, the Financial Times reported on Wednesday. Credit Suisse is attempting to recoup […]
SEC Unveils List of Firms Using Inaccurate Information to Solicit Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced it’s updated list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 55 soliciting entities, four (4) impersonators of genuine firms, and five (5) bogus regulators. The SEC’s […]
Bitcoin soars above $40,000 after Tudor Jones endorsement, Musk’s about-face on accepting crypto
(CNBC) Bitcoin’s price hopped over $40,000 on Monday following bullish comments by billionaire hedge fund manager Paul Tudor Jones. “I like bitcoin as a portfolio diversifier. Everybody asks me what should I do with my bitcoin? The only thing I know for certain, I want 5% in […]
Paul Tudor Jones says ‘go all in on the inflation trades’ if Fed keeps ignoring higher prices
(CNBC) Billionaire hedge fund manager Paul Tudor Jones says he’s paying close attention to this week’s Federal Reserve policy meeting in light of recent economic data showing higher consumer prices. “If they treat these numbers — which were material events, they […]
Jamie Dimon says JPMorgan is hoarding cash because ‘very good chance’ inflation is here to stay
(CNBC) Jamie Dimon believes cash is king – at least for the time being. JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force the […]
All-star investor Rich Bernstein warns bitcoin is a bubble
(CNBC) Institutional Investor Hall of Famer Richard Bernstein is sounding the alarm on bitcoin. He warns bitcoin is a bubble and crypto fever is pushing investors away from the market groups positioned to grab the biggest gains, particularly oil. To […]
SS&C GlobeOp Hedge Fund Performance Index returns 0.54 per cent in June
(Hedgeweek) SS&C Technologies Holdings has announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2021 measured 0.54 per cent. To read this article:
Aquis Capital launches new fund of funds
(Opalesque) Zurich-based Aquis Capital has launched a new fund of funds focused on ESG. The Leo – Impactis Fund invests in ESG focused hedge funds globally. The fund will target returns of 8-12% per year. To read this article: