Global PEVC deal value climbs 5.1% in the first quarter... [more]Laxman Pai, Opalesque Asia: Global private equity and venture capital deal value grew in the first quarter, although the volume of transactions declined from the same period in 2023, revealed a study.
According to S&P Global Market Intelligence data, deal value climbed 5.1% to $130.61 billion
Trend hedge funds could sell up to $42bn in US shares, says Goldman... [more]From Reuters: Trend-following hedge funds could sell between $20 billion and $42 billion in U.S. equities over the next month if the stock market continues to retreat, a Goldman Sachs note shows.
Also known as CTAs (commodity trading advisers), trend-following hedge funds trade systematically to
Millennium, Point72 among hedge funds boosting staff size... [more]From PIonline.com: The world's largest hedge funds keep growing larger - in both staff size and assets under management. Balyasny Asset Management, Millennium Management and Point72 Asset Management are among the firms that expanded their staff count - by hundreds - over the past year.
Pensions
Tech: Big AI users fear being held hostage by ChatGPT... [more]From Bloomberg: Most people were barely aware that OpenAI existed 18 months ago. Now, ChatGPT is among the most desired tools for businesses everywhere. But as company chiefs dream about the productivity gains and cost savings to be had, many fear becoming dependent on one of the few major generativ
Legal: Hedge fund accused of masterminding tax fraud in $1.74bn High Court trial... [more]From FT: Denmark's tax authority accused trader Sanjay Shah's hedge fund of masterminding a "meticulously pre-planned" fraud on Monday, at the opening of a trial described by an English judge as one of the most complex to hit London's courts.
Lawyers acting for the Danish Customs and Tax Adminis
News Briefs: Institutional investors pull $2bn from Ashmore... [more]From City AM: Emerging markets asset manager Ashmore Group reported that customers pulled billions more from its funds at the start of 2024, continuing a long running trend for the firm.
The group reported that $2bn (GBP1.6bn) had been pulled from the firm over the first quarter of the year, wh
And, finally: Facial hair fanatics meet in FL... [more]From UPI: Attendees at the National Beard and Mustache Championships in Florida broke three Guinness World Records for the longest chains of beards, mustaches and partial beards.
The annual event, which is held in a different location each year by Beard Team USA, saw participants take on the thr
Criminals continue to fleece high net-worth individuals and family offices through sophisticated scams that involve elaborate presentations, fake companies and websites, and fraudulent documents that appear credible.
We've documented three cases that describe the highly sophisticated, complex structures and cunningly designed processes which ultimately lead to straightforward investment fraud. This has
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.