Monthly Archives: March 2021

(Reuters) Crispin Odey, one of Britain’s most high-profile hedge fund managers, was on Thursday found not guilty of indecently assaulting a young, female banker in 1998 after a three-day London trial. Judge Nicholas Rimmer told Westminster Magistrates’ Court that he […]

(Reuters) Buyout firm KKR & Co Inc is seeking to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable energy projects, according to people familiar with the […]

(CNBC) The president hopes to sign the bill Friday after Congress formally sends it to the White House, which can take days for large bills. Biden will check off his first major legislative item as the U.S. tries to ramp […]

(CNBC) Oracle shares moved 6% lower in extended trading on Wednesday after the enterprise software maker announced lower-than-expected quarterly earnings guidance and said it was raising its quarterly dividend to 32 cents per share from 24 cents per share. To […]

(CNBC) The GameStop story added another wild chapter on Wednesday as the retailer’s stock popped 40% before quickly falling back to earth. The move appeared to be on no new headlines. The stock rose as high as $348.50 per share […]

(CNBC)Neil Rimer recalls having early conversations about what became Roblox when he was studying at Stanford in the 1980s. He was college buddies with David Baszucki, the gaming company’s founder and CEO. More than three decades later that idea has […]

(Opalesque) As a large portion of institutional investor allocators are finding that their investments in the alternative vehicles are meeting or exceeding expectations, demand for hedge funds is on the rise, said a survey. To read this article:

(CNBC) Retail investors are continuing to jump into the market in droves even after the dust has settled from the GameStop trading saga. The major online brokers continue to see elevated app downloads, well above levels from last year, according […]

(Hedgeweek)A majority of investors now believe hedge funds are best placed to enhance the performance of a traditional 60/40 equities and bonds portfolio, with the prevailing rate environment driving a “sense of urgency” among allocators to tap into new sources […]

(Reuters) The chief executive officer of Tegna Inc on Tuesday apologized for having mistaken a Black executive, who this year became a candidate for the broadcast company’s board, for a hotel car valet in 2014. Adonis Hoffman, a lawyer, media […]

(Reuters) The relief package, which is on track to be signed into law later this week, is set to provide $400 billion in direct payments of $1,400 per person, helping individuals earning less than $80,000 annually and couples making less […]