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.

ft.com - Laurence Fletcher, Eva Szalay and Adam Samson in London - Hedge funds back away from Binance after regulatory assault
Hedge funds back away from Binance after regulatory assault
Financial Times

Several hedge funds have backed away from trading and other activities on Binance in response to the accelerating regulatory crackdown on the crypto exchange, deepening the strain for a group already cut off by a clutch of banks and payments…

caixinglobal.com - Hedge Funds Rush to Profit Off China's Commodity Price Battle
Hedge Funds Rush to Profit Off China's Commodity Price Battle
Caixin Global

(Bloomberg) — When China's government started paying more attention to surging commodity prices a few months back, hedge fund manager Richard Lee's trading models told him a correction was imminent. Inventories of reinforced steel bars, a…

reuters.com - Domino's Pizza party outlasts the lockdown
Domino's Pizza party outlasts the lockdown
Reuters

NEW YORK, July 22 (Reuters Breakingviews) - Some pandemic habits aren't going anywhere. Domino's Pizza (DPZ.N) said on Thursday that sales increased more than 12% in the second quarter this year compared with the same quarter last year, with…

reuters.com - Bankers get red faces in German landlord M&A fail
Bankers get red faces in German landlord M&A fail
Reuters

LONDON, July 23 (Reuters Breakingviews) - Here's one for the M&A connoisseurs: German landlord Vonovia's (VNAn.DE) 18 billion euro offer for Deutsche Wohnen (DWNG.DE) has probably failed, even though the target's investors wanted it to succeed.

dailymaverick.co.za - Bloomberg - Business Maverick: Top Hedge Fund Gains 400% as China Battles Commodity Prices
Business Maverick: Top Hedge Fund Gains 400% as China Battles Commodity Prices
Daily Maverick

Inventories of reinforced steel bars, a key construction material, started rising before the arrival of the summer slow season, and China's State Council had warned repeatedly on price increases, he said in an interview.“Our models were…

forbes.com - Anthony Tellez - Fidelity Claims 70% Of Institutional Investors Want Crypto, But There's A Catch
Fidelity Claims 70% Of Institutional Investors Want Crypto, But There's A Catch
Forbes

A survey from Fidelity Digital Assets has revealed that seven in ten institutional investors from around the world, including advisors, family offices, pensions, hedge funds, and endowments, plan to buy or invest in digital assets within the next…

coindesk.com - Will Canny - Goldman Sachs Settling Crypto ETPs in Europe: Sources
Goldman Sachs Settling Crypto ETPs in Europe: Sources
CoinDesk

Goldman Sachs' prime brokerage unit is clearing and settling cryptocurrency exchange-traded products (ETPs) for some hedge fund clients in Europe, according to two sources with knowledge of the matter. The services are currently being offered to a…

ft.com - Katie Martin and Martin Stabe - The game is still wide open
The game is still wide open
Financial Times

This year in markets cannot so far match the drama of 2020 — even in the wake of this week's gyrations. As a test case of how fast risky asset prices can collapse and of the awe-inspiring power of central banks to drag them back up, last…

nymag.com - Jen Wieczner - The Not-So-Happy Story of the World's Biggest SPAC
The Not-So-Happy Story of the World's Biggest SPAC
New York Magazine

Bill Ackman isn't known for always being right. He is, however, known for influencing large numbers of other investors, selling them on his ideas, and sometimes making them lots and lots of money — but also sometimes being disastrously…

ft.com - David Sheppard and Neil Hume - Oil trader Vitol hands top staff equivalent of $7m each
Oil trader Vitol hands top staff equivalent of $7m each
Financial Times

Vitol has handed a record payday to senior executives and staff, giving the equivalent of more than $7m to each of the London-run oil trading company's near 400 partners. The bumper payout follows one of the best years for the company, which after…

bloombergquint.com - Bloomberg News - Hedge Funds Rush to Profit Off China's Commodity Price Battle
Hedge Funds Rush to Profit Off China's Commodity Price Battle
Bloomberg Quint

Inventories of reinforced steel bars, a key construction material, started rising before the arrival of the summer slow season, and China's State Council had warned repeatedly on price increases, he said in an interview. “Our models were…

forbes.com - Mike O'Sullivan - What The Robinhood IPO Tells Us About Finance And Fintech
What The Robinhood IPO Tells Us About Finance And Fintech
Forbes

SOPA Images/LightRocket via Getty Images Next week the retail trading platform Robinhood will go public under the ticker ‘HOOD'. Robinhood's public offering will likely value it at over USD 35bn, and together with a recent fundraising round…

ft.com - Chris Nuttall in London - Twitter and Snap's social commerce push
Twitter and Snap's social commerce push
Financial Times

This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight to your inbox every weekday Twitter and Snap run far behind Facebook and Google in digital advertising revenues, but their…

financialpost.com - Financial Times - Massive passive: 50 years of the index fund
Massive passive: 50 years of the index fund
financialpost

Happy birthday to the index fund, which this month turned 50 years old — looking fitter, feistier and more controversial than ever. Five decades ago, John “Mac” McQuown, a headstrong former farmhand from Illinois, led a team of…

u.today - Yuri Molchan - Bitcoin Is Still In Bull Market: CryptoQuant Report
Bitcoin Is Still In Bull Market: CryptoQuant Report
U.Today

A CryptoQuant analyst Gaah reckons that Bitcoin remains in the bull market despite the recent 50-percent correction. Analyzing the MVRV cycle, CryptoQuant data shows that since 2013 the periods when Bitcoin was declining (often going down heavily)…

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