Hedge Fund News From HedgeCo.Net

(Hedgeweek) The University of Connecticut’s (UConn) endowment is moving away from hedge funds in favour of a more cost-efficient strategy involving buffer ETFs to manage risk in its $634m portfolio, according to a recent report by BNN Bloomberg. To read […]

(CNBC) Stock futures inched lower early Tuesday after the Dow Jones Industrial Average registered its longest losing streak since 2018. Futures tied to the Dow dipped 68 points, or 0.16%. S&P 500 futures edged 0.12% lower, while Nasdaq-100futures ticked down […]

(Hedgeweek) The Chicago Teachers’ Retirement System (TRS) has announced plans to invest nearly $1bn in hedge funds over the next three years, as part of a bid to address its financial challenges, according to a report by the Chicago Tribune. […]

(Hedgeweek) Hedge funds have set a record for short positions on ether futures at the Chicago Mercantile Exchange (CME), with contracts reaching an all-time high of 6,349, reports BeinCrypto, citing a release by Zerohedge. To read this article:

(CNBC) Nvidia shares slumped on Monday, putting the AI chip darling officially in correction territory even as the rest of the Nasdaq Composite rose to a record. The chipmaker and de facto artificial intelligence trade has rallied 166% this year […]

(CNBC) Bitcoinrallied to a new all-time high on Monday as investors awaited an expected interest rate cut by the Federal Reserve later this week. The price of the flagship cryptocurrency was last higher by nearly 3% at $106,126.74, according to […]

(CNBC) SoftBank CEO Masayoshi Son announced a $100 billion investment in the U.S. over the next four years during a Monday visit to President-elect Donald Trump’s residence Mar-a-Lago in Palm Beach, Florida. The billionaire investor and founder of the Japanese […]

(CNBC) TikTok on Monday asked the Supreme Court to block a law that could effectively ban the popular social media app in the United States by Jan. 19. On the same day, President-elect Donald Trump met with TikTok CEO Shou […]

(CNBC) Stock futures were calm on Monday morning, with Dow riding a seven-day losing streak into a week highlighted by a key central bank meeting. Futures tied to the Dow Jones Industrial Average ticked up 49 points, or about 0.1%. S&P 500 futures were […]

(CNBC) Bitcoin rallied to a new all-time high Sunday evening as investors awaited an expected interest rate cut by the Federal Reserve later this week. The price of the flagship cryptocurrency was last higher by more than 4% at $105,207.00, according […]

(Hedgeweek) Dan Loeb’s hedge fund, Third Point, is actively evaluating “credible strategic options” to address a significant discount between its share price and the value of its underlying assets amid pressure from activist investors, according to a report by CityAM. […]

(Hedgeweek) The number of new hedge fund launches is expected to fall to its lowest level in 24 years this year, with data from the first three quarters of the year revealing that only 123 funds were launched globally buy […]