News
(Bloomberg)($)
Investors pulled a net $218 million from US Bitcoin exchange-traded funds, one of their worst daily outflows as demand for risky investments takes a knock from fading hopes for Federal Reserve interest-rate cuts. Thursday’s figure encompasses a $23 million drawdown for the Fidelity Wise Origin Bitcoin Fund, the first since the product began trading on Jan. 11 along with a batch of peers such as BlackRock Inc.’s iShares Bitcoin Trust.
(Global Data)
JP Morgan and Houlihan Lokey led the financial advisers ranking for mergers and acquisitions (M&A) value and volume, respectively, in North America for the first quarter (Q1) of 2024, according to GlobalData’s latest financial advisers league table.
(The Standard)
Companies worth about £100 billion are on the way out of the London Stock Exchange so far this year, either by being bought up or via moving the main home for their shares overseas, and experts fear there is much more to come. Research by the Evening Standard and investment bank Peel Hunt shows that companies worth over £26 billion have already agreed to be sold in 2024, to other listed firms or private equity.
(Reuters)
U.S. equity funds registered their fourth successive weekly outflows in the week ended April 24, hit by fading expectations for rate cuts this year. LSEG data showed a withdrawal of $1.2 billion from U.S. equity funds, though the figure was less than the previous week’s, as optimism over solid corporate earnings, especially from major tech firms, provided some support.
(Nasdaq)
For decades, everyday investors have looked to Wall Street’s brightest and most-successful investors for inspiration and ideas as to where they should put their own money to work. Thanks to Form 13F filings with the Securities and Exchange Commission, investors are able to peer over the proverbial shoulders of Wall Street greats like billionaires Warren Buffett, Ken Griffin, Ken Fisher, and Steven Cohen, to see what they been up to.
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Multi-asset trading: the ultimate balancing act
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Currency Headwinds Ease in Q4 2023: Kyriba
(The Full FX)
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Flows to European ESG exchange traded funds halve in first quarter
(Financial Times)
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Tradeweb names Carsten Just director
(The Desk)
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CFTC Weighs Outright Ban for Derivatives Bets on US Election
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Independent Agents Expand Share of Individual Annuity Distribution
(Life Annuity Specialist)($)
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LSEG shareholders to vote on doubling CEO’s potential pay
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Streaming Prices Transforming U.S. Treasury Trading
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Investment in Compliance Has Decreased in 2024
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Virginie Saade: Benefits of consolidated tape ‘cannot be overstated’
(Global Trading)
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Hedge Fund Capital Still Growing: HFR
(The Full FX)
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Deutsche Bank hired a new head of credit trading from Morgan Stanley
(efinancial careers)
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Investment Consultants Are Bigger — and More Influential — Than Ever Before
(Institutional Investor)
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Life, Health and Annuity Issuers Post Their Q1 Numbers
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