Monthly Archives: March 2022
Hedge funds navigated another turbulent month with the average fund losing 0.3% – down 1.6% YTD
(Opalesque) Investor capital flowed out of the hedge fund industry in February, reversing the positive movement in January. Redemptions outweighed allocations by $3bn last month, but year-to-date flows remain positive to the tune of about $8bn after high January inflows, […]
SEC Charges Call Center Operators in $58 Million Penny Stock Scheme
(HedgeCo.Net)The Securities and Exchange Commission has announced fraud charges against five individuals for allegedly operating a call center in Medellin, Colombia, which used high pressure sales tactics and made false and misleading statements to retail investors to convince them to […]
Bridgwater Associates to make first crypto investment
(Hedgeweek) Bridgewater Associates, the world’s largest hedge fund, is planning on moving into the digital assets space with its first ever crypto investment, according to a report by FXEmpire. To read this article:
New analysis shows hedge fund industry is booming
(Hedgeweek) New in-depth analysis by quant technologies provider SigTech, reports that after continued expansion in 2021, there are currently 27,255 active hedge funds globally. To read this article:
Carl Icahn says there ‘very well could be a recession or even worse’
(CNBC) Famed investor Carl Icahn said Tuesday an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market. “I think there very well could be a recession or even worse” […]
Stock futures are steady as investors juggle Fed comments and policy
(CNBC) U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures rose just 30 points. S&P 500 futures advanced 0.1% and Nasdaq […]
Traders bet on an aggressive Fed and predict half-point rate hikes in May, June
(CNBC) Traders are betting Federal Reserve Chair Jerome Powell’s tough inflation talk means the central bank will step on the gas to drive up interest rates even faster than expected just last week. In the fed funds future markets, odds […]
Ryan Cohen scoops up 100,000 more shares of GameStop, meme stock soars as much as 20% after hours
(CNBC) GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as […]
Carl Icahn describes how his style is different from that of fellow investing icon Warren Buffett
(CNBC) Wall Street legends Carl Icahn and Warren Buffett have taken different approaches to shares of Occidental Petroleum in recent weeks. Icahn had been selling to exit his long equity position. Buffett’s conglomerate, Berkshire Hathaway, has been building a position […]
Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
(CNBC) The average bonus paid to securities industry employees in New York climbed 20% to a record $257,500 for last year, according to state comptroller Thomas DiNapoli. The projection, released Wednesday in the annual report from New York’s top fiscal […]
Crypto Sector Posts Outflows For 2nd Straight Week -CoinShares
(Reuters) Cryptocurrency investment products and funds showed net outflows for a second straight week, a report from digital asset manager CoinShares showed on Monday, on persistent concerns about regulation and the possible fallout from the Russia-Ukraine conflict. The sector posted […]
SEC Proposes Rules to Enhance and Standardize Climate-Related Disclosures for Investors
(HedgeCo.Net) The Securities and Exchange Commission has proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that are reasonably likely to have a material impact […]