Investors face GBP4m losses after FCA finds CEO hid disqualified director's control of firm... [more]Matthias Knab, Opalesque: The UK Financial Conduct Authority (FCA) has banned Jeffrey Dawkins, the former chief executive of Vector Wealth Ltd, and fined him nearly GBP270,000 after finding that he dishonestly acted as a front for a disqualified director who used the firm to sell high-risk mini-b
How AI is changing the hedge fund investment processes... [more]By Opalesque for New Managers: Artificial intelligence could be one of the most significant developments in hedge fund investing since the emergence of quantitative trading, according to Don Steinbrugge, founder and
Wall Street banks struggle with leverage limits, pushing hedge funds to add short positions... [more]Barclays hit its internal limit on financing Asian hedge fund clients during the AI stock surge. Instead of cutting exposure, it moved part of its macro rates desk's capital to prime brokerage through an internal auction. Banks including Barclays and Goldman Sachs have been encouraging clients t
Intel will be the next trillion-dollar semiconductor company, says Maverick Capital's cohead... [more]David Tykocinski thinks the artificial intelligence cycle is entering a phase that will boost the fortunes of one of the oldest chipmakers. The co-chief investment officer of $16 billion hedge fund Maverick Capital pitched Intel as an investment at the Robin Hood investor conference, according to p
Tom Lee sees AI dip as buying opportunity, cites Cisco's 1990s rally... [more]Fundstrat head of research Tom Lee calls the recent pullback in AI stocks a correction and says he is buying the dip. He blames the selloff on weakness in South Korean equities, which fell below their July lows, and on concerns about debt tied to AI investment. Lee compares today to Cisco in the mid
Who's really making money on leveraged ETFs? Ripple wants in... [more]Besides their published management fees, leveraged ETFs pay a rarely disclosed financing fee to the firms that supply their leverage, usually through total return swaps. Ripple Prime, the prime brokerage arm of crypto payments firm Ripple, is now financing leveraged single-stock ETFs. One Tradr fund
Ex-Brevan Howard trader sued by quant who joined his new fund... [more]Ex-Brevan Howard Asset Management portfolio manager Robert Sicari was accused of withholding millions of dollars in promised trading profits from a former colleague who joined his new fund. Wooyoung Hong, who worked under Sicari at Brevan Howard as a quantitative researcher, said in a complaint fil
Money managers say there's nowhere to hide as Super El Nino forms... [more]Investors are preparing for the impacts of an unprecedented El Nino cycle affecting global markets. The weather phenomenon is linked to rising food prices and inflation estimates, heightening economic concerns. Analysts identify several vulnerable nations, including Indonesia, Brazil, and Colombia,
Top strategists share 5 ways investors can hedge the AI trade... [more]The booming buildout of AI infrastructure is impacting financial market performance more in both stocks and bonds. Many stock sectors that once diversified against big tech and AI are now much more correlated with the industry. Strategists say dividend payers, quality companies, and alternative stra
Deutsche Bank CEO downplays AI bubble fears amid investor warnings... [more]A day after Citadel's Ken Griffin said markets are "almost certainly" in an AI bubble, Deutsche Bank CEO Christian Sewing said those fears are unjustified. Griffin argued that companies are spending heavily on AI tools but struggling to turn that into productivity gains. Sewing blamed recent volatil
Scott Bessent shrugs off 'systemic' AI risks at private event with investors... [more]Treasury secretary Scott Bessent told investors in a private meeting that he did not see a 'systemic problem' with the AI boom, playing down concerns that the industry is in a bubble like the one that preceded the dotcom bust.
An incomplete history of the Millionaires Tax... [more]Washington state's 9.9% tax on income above $1m, due to be collected from 2029 on 2028 incomes, is expected to raise about $3bn a year from roughly 21,000 households. Initiative 645, backed by Let's Go Washington, would repeal it. The "yes" campaign has raised almost $6m, while the union-funded oppo
American billionaire Larry Ellison pledges Tesla, SpaceX stock for son's $110bn Warner deal... [more]California filings show that Larry Ellison pledged Tesla, SpaceX and Paramount Skydance shares as loan collateral to help finance David Ellison's roughly $110bn takeover of Warner Bros. Discovery, which closed on October 6. Banks including Citigroup, JPMorgan, HSBC, UBS and BNP Paribas now hold secu
Interactive Brokers launches Autonomous Trading... [more]Interactive Brokers has launched IBKR Autonomous Trading. Eligible clients can let connected AI platforms find opportunities across more than 75,000 listed stocks, options and ETFs worldwide and submit orders without approving each one. Trading runs inside a dedicated AI Partition, which clients fun
And, finally: That's fast... [more]From UPI: A skateboarder from Spain broke a Guinness World Record in Canada when he was clocked at a speed of 94.34 mph while traveling downhill in Canada.
Guinness World Records confirmed Diego Poncelet, 27, earned the record for the fastest skateboard speed downhill (standing) when he reached t
In an era of deepfakes, phantom fortunes, and narrative warfare, the challenge of distinguishing reality from illusion has never been more acute. For those stewarding generational wealth, the stakes are existential. This 11th edition of Horizons delves into the critical quest for clarity, offering a toolkit to navigate a world rife with deception and to build a foundation of verifiable trust.
Our journey begins with a chilling investigation into
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.
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