Monthly Archives: September 2024
11 Institutional Investment Managers Charged with Failure to Report Certain Securities Holdings
(HedgeCo.Net) The Securities and Exchange Commission has filed charges against 11 institutional investment managers for failing to file reports, known as Forms 13F, that they were required to file because they have discretion over more than $100 million in certain […]
Stock futures are little changed as Wall Street anticipates a long-awaited Fed rate cut: Live updates
(CNBC) Stock futures were flat in overnight trading Tuesday as Wall Street anticipated a long-awaited rate cut from the Federal Reserve following an aggressive multiyear hiking campaign aimed at tamping down hot inflation. Futures tied to the Dow Jones Industrial Average added […]
Ray Dalio names the top five forces shaping the global economy
(CNBC) U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy. Speaking in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical. Dalio made his remarks Wednesday ahead […]
Bitcoin climbs above $60,000 ahead of Fed rate decision
(CNBC) Bitcoin reclaimed $60,000 on Tuesday as investors awaited details of the Federal Reserve’s rate cutting plans. The price of the flagship cryptocurrency was last higher by 4.3% at $60,394.41, according to Coin Metrics. At one point, it rose as […]
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
(CNBC) The companies are part of the Global Artificial Intelligence Infrastructure Investment Partnership. The other participants are Global Infrastructure Partners, or GIP, an infrastructure investor that is being acquired by BlackRock, and MGX, a tech investor in the United Arab […]
Hedge funds switch focus to financial sector stocks
(Hedgeweek) Hedge funds have returned to buying financial sector stocks at the fastest pace since June 2023, with a particular focus on banks, insurance, and trading firms, according to a report by Reuters citing a note from the prime brokerage […]
Hedge funds up 0.75% in August, says SS&C GlobeOp
(Hedgeweek) Hedge funds advanced 0.75% in August according to the gross return of the SS&C GlobeOp Hedge Fund Performance, while hedge fund flows, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.39% for September. To read this article:
Hilbert and Xapo complete launch of BTC yield hedge fund with $175m in initial investments
(Hedgeweek) Hilbert Capital, the asset management division of Hilbert Group AB (Nasdaq: HILB B) and Xapo Bank have completed the launch of their BTC-denominated credit fund with BTC3000 in initial investments – currently valued at USD175m. To read this article:
Stock futures dip slightly as Wall Street braces for retail sales data, Fed policy meeting: Live updates
(CNBC) Stock futures dipped slightly Monday evening as Wall Street readied for key retail sales data and the start of the Federal Reserve’s September policy meeting. Futures tied to the S&P 500 and Nasdaq-100 futures both lost about 0.1%, while futures linked to the Dow […]
South Korea appeals British court ruling in dispute with activist Elliott
(Hedgeweek) The South Korean government has appealed a British court’s decision to dismiss its lawsuit aimed at overturning an international tribunal’s order to pay approximately $100m in damages to US hedge fund Elliott Investment Management, according to a report by […]
Millennium targeting up to $10bn in long-term capital
(Hedgeweek) Millennium Management, the multi-strategy hedge fund major founded by Izzy Englander, is aiming to raise between $7bn and $10bn in new capital as part of a strategy to secure a more permanent funding structure for the firm, according to […]
Crypto spending on 2024 election hits $190 million, led by Winklevoss twins
(CNBC) Cameron and Tyler Winklevoss are the biggest individual crypto donors this election cycle,giving a combined $10.1 million, or slightly over $5 million each, according to Federal Election Commission data compiled by crypto market and blockchain analyst James Delmore and independently verified by […]
