Monthly Archives: August 2023
Tech IPOs are coming back — now they have to perform
(CNBC) It’s been 20 months since a notable venture-backed tech company went public in the U.S., and the chatter in Silicon Valley has centered around who will break the ice. Las week, grocery delivery startup Instacart and data and marketing […]
Private capital reached $22.6tn AUM
(Opalesque) Private capital markets have been outperforming equities, offering investors opportunities with higher yields and portfolio diversification, according to a study. According to the latest report by Global EY Private Leader, private markets have enjoyed a remarkable period of sustained […]
The US accounts for more than two-thirds of fintech funding in H1 2023
(Opalesque) The US took the lion’s share of fintech funding in H1’23, it’s US$34.9 billion in funding accounting for more than two-thirds of the US$52.4 seen globally, said a study. According to KPMG Pulse of Fintech – H1’2023, the US […]
LA-Based Media and Entertainment Co. Impact Theory Charged for Unregistered Offering of Crypto Asset Securities.
(HedgeCo.Net) The Securities and Exchange Commission has charged Impact Theory, LLC, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs). Impact Theory raised […]
CFTC Orders Texas Trading Advisor and His Company to Pay Approximately $250,000 for Fraudulent Solicitation and Failure to Register
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against Peter L. Bryant of Texas and his company, Bryant Capital Trade Management Corporation (Bryant Capital), a registered Texas entity, for committing fraud while acting […]
Stock futures inch higher to kick off the final trading week of a rocky August: Live updates
(CNBC) Stock futures rose slightly to kick off the final trading week of August. Futures tied to the Dow Jones Industrial Average rose 50 points, or about 0.15%, while S&P 500 futures and Nasdaq-100 futures added 0.14% and 0.7%, respectively. […]
CTAs struggling to repeat 2022’s success
(Hedgeweek) Violent swings in asset prices coupled with rapid shifts in investor interest rate expectations have impacted commodity trading advisers (CTAs) so far in 2023, making a repeat of last year’s bumper returns from bets on prevailing global market trends, […]
Evergrande shares plunge as much as 87% as trading resumes after 17 months
(CNBC) Shares of the world’s most indebted property developer China Evergrande Group plunged as much as 87% on its open on Monday, trading for the first time since March 21, 2022. Shares fell to as low as 22 Hong Kong […]
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
(CNBC) While acknowledging that progress has been made and saying the Fed will be careful in where it goes from here, the central bank leader said inflation is still above where policymakers feel comfortable. He noted that the Fed will […]
Managed futures back in favour with investors
(Hedgeweek) Managed futures bagged another $2.08bn of net inflows in July to cement their position as the most popular hedge fund strategy so far this year, according to the Latest Nasdaq eVestment Hedge Fund Industry Asset Flows Report. To read […]
AIMA welcomes SEC’s Private Fund Adviser Rule revisions, despite ongoing concerns
(Hedgeweek) AIMA has broadly welcomed the revised Private Funds Adviser rules and amendments adopted by the US Securities and Exchange Commission (SEC) this week, but has expressed ongoing concerns about some of the changes in the final text. To read […]
SEC Enhances the Regulation of Private Fund Advisers
(HedgeCo.Net) The Securities and Exchange Commission has adopted new rules and rule amendments to enhance the regulation of private fund advisers and update the existing compliance rule that applies to all investment advisers. The new rules and amendments are designed […]
