Monthly Archives: September 2021
Barclay Hedge Fund Index up 1.23% in August, +10% YTD
(Opalesque) The hedge fund industry generated an average return of 1.23% in August 2021, which may have pushed its winning streak into double-digits, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. To read […]
Emerging markets hedge funds are flourishing, new industry data shows
(Hedgeweek) With hedge funds’ year-to-date returns rebounding back into double-digit territory, new industry data published on Monday shows how emerging markets managers are helping to galvanise the industry and fuel recent gains. To read this article:
Tuesday’s CPI report likely to show inflation continuing to run hot, putting the Fed in tough spot
(CNBC) Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter than expected. The CPI is expected to have risen 0.4% in August month over […]
Federal Court Orders Ohio Resident and Multi-Million Dollar Ponzi Scheme Fraudster Permanently Banned from Trading
(CFTC) The Commodity Futures Trading Commission has announced that Judge Michael R. Barrett, of the U.S. District Court for the Southern District of Ohio entered a Consent Order for Permanent Injunction and Other Equitable Relief against Glen Galemmo finding, among other things, […]
Scaramucci’s SALT hedge fund confab returns in person in New York City
(Reuters) A marquee Wall Street conference returns this week, but much like everyone’s pandemic-era plans, the event hosted by hedge fund executive and former White House communications director Anthony Scaramucci, will be a little different this year. To read this […]
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 […]