Hedge Fund Industry News

A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

bloomberg.com - Nishant Kumar - Weiss Multi-Strategy Hedge Fund Plans to Close After 46 Years
Weiss Multi-Strategy Hedge Fund Plans to Close After 46 Years
Bloomberg.com

Weiss Multi-Strategy Advisers LLC, a New York-based investment management firm started in 1978, is winding down its operations. “Every journey has twists and turns, and after careful consideration of various factors and circumstances, I have…

scmp.com - Zhang Shidong - Can China's NPC meeting provide the much-needed spark markets need?
Can China's NPC meeting provide the much-needed spark markets need?
South China Morning Post

“The GDP [gross domestic product] target and the government deficit ratio will be closely monitored by the market,” said Dai Ming, a fund manager at Huichen Asset Management in Shanghai. “The two macro figures will set the…

cnbc.com - Ganesh Rao - Dan Niles reveals why he prefers the 'Fantastic Four' and when the 'AI bubble' might pop
Dan Niles reveals why he prefers the 'Fantastic Four' and when the 'AI bubble' might pop
CNBC

Hedge fund manager Dan Niles has named Nvidia, Meta, Microsoft and Amazon as his favorite stock picks thanks to their ability to boost earnings in 2024. Niles, who runs the Satori Fund, explained that stock performance for Big Tech companies over…

techcrunch.com - Manish Singh - Camshaft says Byju's unit beneficial owner of $533 million funds
Camshaft says Byju's unit beneficial owner of $533 million funds
TechCrunch

Image Credits: Dhiraj Singh / Bloomberg / Getty Images Camshaft disclosed in court filings this week that some $533 million it managed for Byju's Alpha, a U.S. unit of Indian edtech group Byju's, was transferred to another 100% and U.S.-based…

hindustantimes.com - Vaishnawi Sinha - Mystery behind Byju's 'hidden' $533 million: Here's where it's tied up
Mystery behind Byju's 'hidden' $533 million: Here's where it's tied up
Hindustan Times

Edtech company Byju's, currently grappling with an intense financial crisis, said on Sunday they were unable to pay the salaries of their employees due to the investors of their company blocking the funding. However, a web of financial…

cnbc.com - Sumathi Bala - CNBC Daily Open: U.S. manufacturing drag continues
CNBC Daily Open: U.S. manufacturing drag continues
CNBC

Justin Merriman | Bloomberg | Getty Images This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see?

businessinsider.com - Matt Turner - Retiring early is a dream for many. In reality, some regret it.
Retiring early is a dream for many. In reality, some regret it.
Business Insider

Pinkomelet/Getty Images This post originally appeared in the Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Sign up to get the inside scoop on today's biggest stories in markets, tech, and business —…

fortune.com - Leo Schwartz - New ruling in SEC's Coinbase insider trading lawsuit comes as a blow to the crypto industry as judge finds secondary token sales were securities
New ruling in SEC's Coinbase insider trading lawsuit comes as a blow to the crypto industry as judge finds secondary token sales were securities
Fortune

As the legal debate continues over whether sales of cryptocurrencies constitute securities, all eyes have been on a court case involving a Coinbase employee sharing insider information with his brother and a friend. While the main defendant, former…

gazette.com - Super Tuesday to test resurgent crypto industry's political might
Super Tuesday to test resurgent crypto industry's political might
Colorado Springs Gazette

NEW YORK (Reuters) - Crypto is back! And it's not just in the markets. The burgeoning cryptocurrency industry is jumping into the 2024 U.S. election, spending millions of dollars in Super Tuesday primary contests in California, Alabama and Texas to…

indianexpress.com - {'@type':'Thing','name':'PTI','url':'https:////indianexpress.com//agency//pti//'} - Ahead of US hearing, Byju's says it is beneficial owner of $533 mn fund parked in US
Ahead of US hearing, Byju's says it is beneficial owner of $533 mn fund parked in US
The Indian Express

“Camshaft, in its latest submission, has disclosed to the Delaware Court that the USD 533 million was transferred from BYJU'S Alpha to another 100 per cent Think & Learn owned subsidiary, Inspilearn LLC (a Delaware firm). “As BYJU's…

miamiherald.com - Bryce Welker - CFA vs CPA: Know the Differences to Choose the Best Career
CFA vs CPA: Know the Differences to Choose the Best Career
MiamiHerald.com

AI was used in the creation of this article. The article was reviewed, fact-checked and edited by a content review team. We might earn a commission if you make a purchase through one of the links. McClatchy newsrooms were not involved in the…

cnbc.com - Jim Cramer - Jim Cramer: Why a successful Reddit IPO would be bad news for this bull market
Jim Cramer: Why a successful Reddit IPO would be bad news for this bull market
CNBC

There's nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We've had some small biotech deals and the usual SPAC junk. But nothing big, seemingly for ages. Until Reddit. Its initial public offering — which will…

smh.com.au - Stephen Bartholomeusz - China's moment to confront its demons has arrived
China's moment to confront its demons has arrived
The Sydney Morning Herald

This is no ordinary gathering of almost 3000 of China's political elite. China is facing more economic challenges than, with the exception of the pandemic years, it has had to deal with in decades. The devastation of its property sector, a…

fool.com - Justin Pope - Billionaire Investor Bill Ackman Reduced These 3 Stocks in Pershing Square's Portfolio. Here is What it Could Mean. | The Motley Fool
Billionaire Investor Bill Ackman Reduced These 3 Stocks in Pershing Square's Portfolio. Here is What it Could Mean. | The Motley Fool
https://www.fool.com/

Each quarter, professional hedge fund managers, some of the biggest names on Wall Street, release regulatory filings that say what they bought or sold. Wall Street celebrity and billionaire investor Bill Ackman, who runs Pershing Square (PSHZ.F…

financemagnates.com - Tom Hazan - ATFX, Euronext FX, Equinix and More: Executive Moves of the Week
ATFX, Euronext FX, Equinix and More: Executive Moves of the Week
Finance Magnates

During this week, there has been a minor uptick in executive appointments within the forex, crypto, and fintech industries. This development underscores the fluidity of financial technology, which undergoes continual evolution. Executive moves of…

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