Monthly Archives: September 2023
Despite a wider slowdown HNWIs ‘remain convinced’ by alternative investments
(Opalesque) High-net-worth investors “remain absolutely convinced” by alternative investments, including venture capital, cryptocurrencies, structured products, and hedge funds – despite a wider slowdown of inflows into the sector. To read this article:
Man Numeric targeting fully digital bond trading by 2025
(Hedgeweek) Man Numeric, the quant investment arm of Man Group, the world’s largest listed hedge fund manager, is aiming to execute 100% of its high-yield and investment-grade bond trades via digital platforms within two years, according to a report by […]
Five Advisory Firms Charged for Custody Rule Violations
(HedgeCo.Net) The Securities and Exchange Commission has filed charges against five investment advisers for failing to comply with requirements related to the safekeeping of client assets. Three of the firms were also charged with failing to timely update SEC disclosures […]
S&P 500 futures are little changed as investors come off losing session: Live updates
(CNBC) S&P 500 futures are near flat Tuesday night as Wall Street looked beyond the losing session that marked the start of the holiday-shortened trading week. Futures tied to the broad index and Dow Jones Industrial Average were little changed. […]
Hedge fund boss Cohen’s VC firm leads GenTwo Series A round
(Hedgeweek) GenTwo, a Swiss-based B2B Fintech platform specialised in securitisation of bankable and non-bankable assets, has raised $15m in a Series A led by US-based Point72 Ventures, the VC associate of Steve Cohen’s hedge fund firm Point72 Asset Management. To […]
Hedge funds turn bullish on crude as US stocks fall
(Hedgeweek) A fall in US inventories of crude oil prompted hedge funds and other money managers to purchase the equivalent of 19 million barrels in the NYMEX and ICE US crude (WTI) futures and options contracts over the seven days […]
Chip design firm Arm seeks up to $52 billion valuation in blockbuster U.S. IPO
(CNBC) Chip design firm Arm on Tuesday said it is looking to fetch as much as $4.87 billion in its upcoming blockbuster initial public offering on the Nasdaq stock exchange in New York, according to a fresh filing. The deal […]
Apple, Google, Nvidia and other tech giants are considering buying Arm shares
(CNBC) Chip design firm Arm said in a Tuesday filing that Apple, Google parent Alphabet, Nvidia and other technology companies are interested in buying up to $735 million in its shares as it seeks to go public on Nasdaq. The […]
Qualcomm focuses on AI and auto as Nvidia takes over as world’s biggest fabless chip company
(CNBC) Qualcomm’s tech is inside nearly all our smartphones. It pioneered the ability to connect wirelessly in the ’80s, all the way to the 5G modems of today — making licensing fees for every device that communicates using its patented […]
CFTC Orders Goldman Sachs to Pay $5.5 Million for Recordkeeping Violations and Violating a Prior Commission Order
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order simultaneously filing and settling charges against Goldman Sachs & Co. The order finds Goldman violated the cease-and-desist provision of a prior order and committed recordkeeping violations in connection with its […]
U.S. stock futures open mixed Monday night
(CNBC) Stock futures are mixed Monday night as the market looks to maintain momentum in the holiday-shortened week. Futures tied to the Dow Jones Industrial Average lost 37 points, or 0.11%. S&P 500 futures were lower by 2.25 points, or […]
Bumpy markets increase investor interest in hedge funds, says Goldman’s Springate
(Hedgeweek) The prospect of markets remaining bumpy and interest rates at elevated levels for longer than expected, has spiked investor interest in hedge funds, according to a report by MarketWatch, citing Jack Springate, co-head of the hedge-fund business within the […]
