Monthly Archives: September 2021
Record assets and net inflows of $9.73tn and $834bn in ETFs and ETPs in August
(Opalesque) ETFGI reports that record assets and net inflows of US$9.73 trillion and US$834 billion in ETFs and ETPs listed globally at the end of August. ETFs and ETPs listed globally gathered net inflows of US$94.64 billion during August, bringing […]
Asset managers see record revenue, AUM growth
(Opalesque) Publicly-traded asset managers in North America and Europe seeing continued record growth in revenue and assets under management in the second quarter following strong market appreciation. “Recovering from the bleak early days of the COVID-19 health crisis, listed asset […]
Stock futures are modestly higher after Dow, S&P post five straight days of losses
(CNBC) U.S. stock index futures were modestly higher during overnight trading on Sunday as the S&P 500 comes off its longest daily losing streak since February. Fears over slowing economic growth and rising inflation have weighed on the market. To […]
Markets brace for hot consumer inflation report
(CNBC) Investors are paying close attention to any reading on inflation these days, and the consumer price index will be the big one to watch in the coming week. The latest snapshot of the economy comes just a week before […]
House Democrats may propose raising corporate tax rate to 26.5%
(Marketwatch) House Democrats expect to propose raising the corporate tax rate to 26.5% from 21% and imposing a 3 percentage-point surtax on individual income above $5 million, according to a House Democratic aide familiar with the plans. The tax increases […]
SEC Charges Issuers and CEO for $18 Million Illegal Securities Offering
(HedgeCo.Net) The Securities and Exchange Commission has charged Rivetz Corp., Rivetz International SEZC, and Steven K. Sprague, the President of Rivetz and CEO of Rivetz International, with conducting an illegal, unregistered offering of securities through an initial coin offering. According […]
GameStop rallies all the way back from 10% post-earnings slide as retail investors come to rescue
(CNBC) GameStop staged a stunning intraday comeback from its post-earnings sell-off on Thursday as retail investors looked past the lack of clarity on turnaround plans and piled into the meme star. Shares of the video game retailer closed the session […]
Fed presidents Kaplan, Rosengren to sell individual stock holdings to address ethics concerns
(CNBC) Federal Reserve regional presidents Robert Kaplan and Eric Rosengren said Thursday they will sell individual stock holdings amid ethics concerns regarding trading in 2020. The Fed officials will sell all their stocks by Sept. 30 and put the proceeds […]
Stock futures point to opening bounce after Dow, S&P post fourth day of losses
(CNBC) U.S. stock index futures were higher in early morning trading on Friday, after stocks registered a fourth-straight day of losses on Thursday. Futures contracts tied to the Dow Jones Industrial Average rose 118 points. S&P 500 futures and Nasdaq […]
Hedge funds surge into double-digit territory after August rebound
(Hedgeweek) Hedge funds’ narrow rise during August has driven their year-to-date returns back into double-digit territory, as equity long/short, event driven, macro and relative value managers all scored gains in the face of the Afghanistan crisis, ongoing monetary policy uncertainty, […]
EasyJet short sellers boosted as airline’s share price plummets
(Hedgeweek) Hedge funds betting against easyJet saw their short positions boosted on Thursday as the low-cost airline’s share price took a sharp nosedive after it rejected a takeover bid. To read this article:
Leon Black says accuser, eyeing payday, made up Jeffrey Epstein claims
(Reuters) A woman suing former Apollo Global Management Inc (APO.N) Chief Executive Leon Black for sexual abuse and defamation made up “demonstrably false” new accusations linking him to the late sex offender Jeffrey Epstein, Black’s lawyers said on Wednesday. To […]