Author: Charlotte

Bitcoin has shed more than $15,000 in value over the past week, falling from $82,400 to $65,856. More than $2.41 billion in crypto positions were liquidated in just 48 hours, with $93 million in futures wiped out in a single hour, 95% of which were long positions caught on the wrong side of the move. Three Forces Behind the Crash The first was BlackRock. IBIT, the world’s largest Bitcoin ETF, recorded nine consecutive sessions of outflows in May, draining $2.43 billion from the fund over the course of the month. The figure that stopped traders cold was a single $1.26…

Walter Capital Management has announced a minority investment in Evovest, a Montreal-based portfolio management firm that uses AI and machine learning in its investment selection process. No financial details have been disclosed. “[W]e believe that innovation is a key driver of performance and differentiation, even in investment management,” said René Fournier, CEO and chief investment officer of Montreal-based Walter Capital Management, in a release. “We have been closely following Evovest for several years and are excited to work with a team whose investment process clearly stands out in the industry.” Evovest was founded in 2017. The firm selects equity investments…

May hedge fund returns: Steve Cohen’s Point72 leads the way among the industry’s biggest names LinkedIn Source link

HSBC Mutual Fund has launched RedHex Hybrid Long-Short Fund, a Specialised Investment Fund (SIF) strategy designed for investors seeking regular returns and capital appreciation. The strategy combines investments across asset classes – fixed income, equity arbitrage, REIT and INVIT units to pursue risk adjusted returns across market cycles. The New Fund Offer (NFO) will be open from 2 June 2026 to 16 June 2026. SIFs were introduced to bridge the gap between traditional mutual funds and higher-ticket products like Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). RedHex Hybrid Long-Short Fund offers an intermediate investment that combines…

00:00 Speaker A I think it’s fair, you know, I I showed you a bunch of charts yesterday about how certain all coins were still moving, uh, well, even though Bitcoin was dropping, which is something we haven’t seen in a long time. 00:11 Speaker A I think it’s fair to say that the money isn’t leaving crypto right now. It’s actually rotating inside it. I mean, uh, you know, I think it’s like, uh, all the hedge funds went and unfollowed Bitcoin and slid into Hyperliquid’s DMs. 00:29 Speaker A Right? Hyperliquid’s beating Ethereum in trading volume on some…

3 more groups call for DOL to scrap 401(k) alternatives proposal following AG pushback Pensions & Investments Source link

WASHINGTON — A CIA officer arrested after $40 million in gold bars was found at his home served as a liaison to the Pentagon for a sensitive nuclear submarine program, brought on at the request of the No. 2 official at the Defense Department, according to three former U.S. officials with knowledge of his involvement. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Source link

Bridge Investment Group announced Tuesday it raised nearly $1.4 billion for a fund that will acquire logistics properties. The raise exceeded the firm’s $1 billion target. The Salt Lake City-based affiliate of alternative investment manager Apollo (NYSE: APO) said the Bridge Logistics Value Fund II is focused on buying and relocating real estate in supply-constrained U.S. markets and global gateways. “BLV II is designed to capitalize on long-term demand drivers within the industrial sector, including supply chain modernization, e-commerce growth, and increasing tenant preference for modern, well-located distribution facilities,” a news release said. The group will oversee leasing, asset management…

The Pi Founders specifically address these questions, and Pioneers are encouraged to watch the video in full to learn more: Pioneers can read the full transcript of the video here. A Look Into The Next Year Pi’s approach—the focus on utility, mass adoption, verified-identity, and user experience—reflects a distinct model for widespread, mainstream success and differentiates Pi from the broader blockchain industry. In the year to come, Pi will focus on expanding app and utility creation opportunities while strengthening the tools that support innovation across the ecosystem, in addition to speeding up processes that matter to Pioneers such as KYC…

Indonesian President during the ASEAN Summits. Photo:Prabow Subianto / X Amid the legacy of a decade of infrastructure development and the ambition to add value to its productive base, Indonesia is testing a model that blends an active state and a market economy. After joining the BRICS and consolidating itself as Southeast Asia’s greatest power, the country is trying to turn its demographic weight and geopolitical relevance into industrial capacity. The decade from 2014 to 2024, under the presidency of Joko Widodo – or Jokowi – accelerated infrastructure and shortened logistics distances in Indonesia, but left the challenge of turning…