-
Jeremy Powell, Chair of the Federal Reserve (aka the Fed), the central bank of the United States, will be giving his interest rate decision in a few hours. It will be one of the most watched commentaries with financial market participants trying to assess whether this is the beginning of the end of interest rate…
-
Summary of Preqin’s 2022 Global Hedge Fund Report: • Returns across the asset class were up 11.43% (as of September 2021, +15.52% annualised). • Event-driven funds topped the leader board, recording returns of +17.53%, ahead of equities at +14.85% • Hedge funds’ assets under management (AUM) passed the USD4 trillion mark at the end of…
-
Bitcoin is being outpaced by some of the smaller and faster-growing cryptocurrencies. The dynamic has lessened Bitcoin’s dominance, with total assets under management for Bitcoin-related investment products falling 20% to $39 billion in December, according to a report from CryptoCompare. The decline reduced Bitcoin products’ portion of total digital-asset investment vehicles to 67.8% from 70.6%,…