Solana Sees “dramatic Increase” In Institutional Investment As Altcoin Exposure Grows, Coinshares Says
Solana (SOL) is witnessing a “dramatic increase in allocations” from wealth managers and hedge funds, who are also broadening their exposure to altcoins, Coinshares said. [...]
Billionaire Bill Ackman Has His Sights On Only 1 "magnificent Seven" Stock, And It's Not Nvidia
When you look at the stock portfolios of most billionaire hedge fund managers, you'll find plenty of the Magnificent Seven stocks, as well as exposure to some of the most promising AI stocks. But that isn't the case in Bill Ackman's Pershing Square hedge fund's portfolio.
Dubai Vs Abu Dhabi: How Finance’s Two Hottest Cities Stack Up
For a long time, the tale of two cities in finance was either between London and New York, or between Hong Kong and Singapore. But while those debates are still raging – and probably will never stop raging – a third rivalry has quietly emerged in the background: that between Abu Dhabi and Dubai.Get Morning Coffee ☕ in your inbox. Sign up here.The emergence is rather recent by any metric.
Billionaire Bill Ackman Has His Sights On Only 1 "magnificent Seven" Stock, And It's Not Nvidia
When you look at the stock portfolios of most billionaire hedge fund managers, you'll find plenty of the Magnificent Seven stocks, as well as exposure to some of the most promising AI stocks. But that isn't the case in Bill Ackman's Pershing Square hedge fund's portfolio. In fact.
Should I Stay Or Should I Go? Hedge Funds: Crypto And State Tax | Cadwalader, Wickersham & Taft Llp
Hedge fund managers have a state tax gating issue when it comes to adding crypto to their assets under management. Generally, states such as New York, Connecticut and California encourage asset managers to locate in their respective states by, among other things, granting their out-of-state investors an exemption from in-state income taxes....By: Cadwalader, Wickersham & Taft LLP.
Memecoins Are Reportedly Luring Hedge Funds With Massive Returns
As memecoins make a resurgence, hedge funds are chasing gains in the highly volatile corner of the crypto market, Bloomberg reported.
The Hot New Hedge Fund Of 2024 Has Been Hiring From Morgan Stanley & Jane Street
Jain Global, the hedge fund founded by Bobby Jain, the former Millennium co-chief investment officer, is still hiring ahead of its launch in July. Its latest portfolio management recruits include macro traders in Singapore and Frankfurt and a former trader from Jane Street in New York.Get Morning Coffee ☕ in your inbox. Sign up here.Jain's Frankfurt hire is Benedict Stoddart, who spent the past decade as a rates trader at Morgan Stanley in London and then Frankfurt from 2019. Stoddart, who is English, is returning to the UK for his role at Jain.
Activist Investor Jana Has Stake In Wolfspeed, Urges Sale
Activist investor Jana Partners has built a "significant" position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed's board viewed by CNBC.
Black Swan Hedge Fund Says Fed Rate Cuts Will Signal Market Crash | World News
Spitznagel argues that such a shift would likely take place only when economic conditions deteriorate, creating a challenging environment for markets.
This Quant Hedge Fund Has A Thing For Ex-jpmorgan Vps In Hong Kong
Qube Research Technologies has been not-so-slowly and steadily bolstering its ranks. An area of note is Hong Kong, where we previously reported it hiring from Citadel Securities. It's not done yet either; the quant hedge fund has recruited multiple senior quant directors, and a new COO.Click here to sign up to our technology newsletter 🔧Deon Brophy joined Qube last week in that COO role. He has spent his entire senior career so far at JPMorgan, where he has worked for a decade.