Hedge Fund News From HedgeCo.Net

(CNBC) U.S. stock futures were little changed on Thursday night after the Dow Jones Industrial Average posted its longest win streak going back to December. Futures linked to the 30-stock Dow rose by 49 points, or 0.1%. S&P 500 futures climbed 0.09%, while Nasdaq 100 […]

(Hedgeweek) Bridgewater Associates, the world’s largest hedge fund firm, has had to be “rewired” as part of a push to improve investment performance, according to a report by the Financial Times quoting new Chief Executive Officer Nir Bar Dea. To […]

(Hedgeweek) New York-based bank JPMorgan Chase & Co will limit its interactions with Segantii Capital Management, a $4.8bn Asian hedge fund led by Simon Sadler, which is currently facing insider trading charges in Hong Kong, according to a report by […]

(Hedgeweek) Geopolitical and economic factors may be behind a potentially significant shift in hedge fund investment and business strategy, including increased fundraising activity and diversification, according to a survey by Dynamo Software, a Bulgarian cloud software provider for the alternative […]

(CNBC) Tesla is being accused of taking steps to keep employees in Buffalo, New York, from unionizing, according to a complaint from the National Labor Relations Board. Earlier this week, the NLRB’s regional director for Buffalo, filed a complaint. In it, […]

(CNBC) A federal jury in New York on Thursday convicted an investor of insider trading in the stock of a shell company ahead of its announcement in October 2021 that it would merge with Trump Media. The investor, Bruce Garelick, had been on the […]

(CNBC) Futures linked to the Dow Jones Industrial Average hovered near the flatline Wednesday evening after the 30-stock index posted its sixth consecutive winning day. Dow futures added 6 points, or 0.02%. S&P 500 futures were little changed, while Nasdaq 100 futures fell 0.1%. In […]

(CNBC) While conventional wisdom suggests high rates should punish the group, investors still favor the earnings growth offered by megacap tech stocks, according to The ETF Store President Nate Geraci. “Investors are viewing megacap tech as a quality play, Technology is […]

(CNBC) FTX estimates that it owes creditors around $11.2 billion, according to a reorganization plan published late Tuesday. The company said it has between $14.5 billion and $16.3 billion to distribute to creditors. Customers whose claims amount to $50,000 or […]

(CNBC) Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results. Robinhood reported net income of $157 million, or 18 cents per share, for the first quarter. That is a positive swing from the same […]

(Hedgeweek) Hedge funds advanced in April as equities declined, led by macro strategies, which extended their first quarter gains through the month, and the industry’s largest funds, with the HFRI Macro Asset Weighted Index advancing 2.6%. To read this article:

(Hedgeweek) Digital asset investment products saw outflows for the fourth consecutive week totalling $251m as the new US spot bitcoin ETFs saw their first ‘measurable’ outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. To read […]