Monthly Archives: April 2022
Quant fund managers believe access to high quality data is key, new research shows
(HedgeWeek) New research from quant technologies provider SigTech reveals there is a growing focus among fund managers on improving the quality of data, with some 77% of managers interviewed believing that to achieve above-average returns in the future, accessing high […]
Hedge funds trim YTD losses to -3.36% with 0.39% gain in March
(Hedgeweek) The hedge fund industry got back to monthly gains in March, eking out a 0.39% return for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. To read this article:
Federal Court Orders Danish Resident to Pay Over $4.7 Million for Forex Fraud and Misappropriation
(HedgeCo.Net) The Commodity Futures Trading Commission has announced the U.S. Court for the Southern District of New York has entered an order and a final judgment against Danish resident Casper Mikkelsen, a/k/a Carsten Nielsen, a/k/a Brian Thomson, a/k/a Thomas Jensen, […]
Big banks’ earnings and a hot inflation report could sway markets in short holiday week
(CNBC) Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with […]
Stock futures are lower as Wall Street struggles to rebound from a losing week
(CNBC) Stock futures declined on Sunday evening as Wall Street looks to shake off a losing week. Futures tied to the Dow Jones Industrial Average declined 181 points, or around 0.5%. Those for the S&P 500 also shed 0.7%, while […]
Here’s how the Fed raising interest rates can help get inflation lower, and why it could fail
(CNBC) The view that higher interest rates help stamp out inflation is essentially an article of faith, based on long-held economic gospel of supply and demand. But how does it really work? And will it work this time around, when […]
CI announces plan to sell part of its US wealth business via IPO
(Opalesque) CI Financial, the Canadian-based asset management firm which has been aggressively buying up registered investment advisors in the United States, plans to take its $133 billion U.S. wealth management business public. The integrated global wealth and asset management company […]
SEC Charges Repeat Securities Violator David J. Bunevacz, Step-Daughter Mary Hayca Bunevacz, and Three Related Companies with Federal Securities Violations
(HedgeCo.Net) The Securities and Exchange Commission has charged CB Holding Group Corp., Caesarbrutus LLC and their recidivist principal, David J. Bunevacz of Calabasas, California, for fraudulently raising more than $32 million from at least 40 investors. The SEC also charged […]
Macro hedge funds post gains amid high volatility in Q1
(Reuters) Macro funds this year posted their highest first-quarter performance since 1993, as fund managers navigated well amid high volatile markets, a report by hedge fund data provider HFR showed on Thursday. Macro hedge funds, which bet on macroeconomics trends, […]
Peter Thiel calls Warren Buffett a ‘sociopathic grandpa from Omaha’ and bitcoin’s ‘enemy number one’
(CNBC) At a bitcoin conference on Thursday, billionaire venture capitalist Peter Thiel said Warren Buffett tops an “enemies list” of people who are trying to stop the cryptocurrency. “Enemy number one,” Thiel said to a booing Miami crowd, is “the […]
Warren Buffett made about $650 million on HP after stake was revealed
(CNBC) HP’s stock just had its best day in more than two years, and Warren Buffett’s Berkshire Hathaway is almost $650 million richer because of it. Berkshire revealed ownership of 121 million HP shares, in a filing with the Securities […]
Stock futures little changed following Thursday’s comeback as investors assess Fed plans
(CNBC) U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the likelihood of tighter monetary policy from the Federal Reserve to combat inflation. Dow Jones Industrial Average futures edged […]