Monthly Archives: September 2023

(CNBC) It’s a key moment for investors with the Fed near the end of its hiking cycle but interest rates likely to remain higher for longer as the central bank continues its fight against inflation. Consumers are getting stretched, China’s […]

(CNBC) Stock futures were slightly higher Thursday evening as investors prepared to end a difficult September. Futures tied to the Dow Jones Industrial Average added 53 points, or 0.1%. S&P 500 futures rose 0.09%, while Nasdaq 100 futures gained 0.1%. […]

(Hedgeweek) Institutional investors and wealth managers are confident about digital asset performance and believe that both Bitcoin and ether will sustain their strong performance for the rest of this year, according to research by Nickel Digital Asset Management (Nickel), a […]

(Opalesque) New data from hedge fund administrator Citco shows that fund of hedge funds had a positive first half of 2023, with the average fund returning 2.87% to end of June. 82% of funds delivered positive returns in the first […]

(Opalesque) Within private assets, they expressed the most enthusiasm for direct lending, with 60% of those surveyed planning to boost allocations, according to a new survey of the industry by BlackRock. Of 378 senior insurance executives surveyed by BlackRock, 34% […]

(Hedgeweek) Dr Robert Adelman, an ex-client of Proskauer Rose, has settled a $636m malpractice lawsuit against US law firm over his ousting from a hedge fund he co-founded, after a judge ruled the case could go to trial, according to […]

(CNBC) With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning to alternative assets outside of equities and bonds to generate returns. According to a new report by Pitchbook, investors […]

(CNBC) Shares of China Evergrande Group were suspended on Thursday, Hong Kong’s exchange announced. The chairman of the embattled Chinese real estate developer has reportedly been placed under surveillance, according to Bloomberg News. To read this article:

(Hedgeweek) A consortium of investors led by Marshall Wace co-founder Paul Marshall looking to prepare a bid to acquire the Telegraph Group – publisher of the UK’s Daily and Sunday Telegraph newspapers – has won the support of Citadel founder […]

(CNBC) Meta has new artificial intelligence tools and celebrity-endorsed digital assistants that CEO Mark Zuckerberg hopes will help to jump-start the metaverse. Zuckerberg showed off the AI software as well as the company’s new Quest 3 virtual reality headset and […]