The global hedge fund industry has reached an all-time high of $4.98 trillion in assets under management (AUM), marking the eighth consecutive quarter of growth, according to a new report from Hedge Fund Research (HFR). The surge was fueled by nearly $34 billion in fresh inflows during Q3 — the largest quarterly inflow since 2007....
Crypto trading powerhouse FalconX announced plans to acquire 21Shares, one of the world’s leading crypto investment managers with over $11 billion in AUM, as it strengthens its position in the fast-growing crypto ETF market. The deal follows the U.S. SEC’s recent decision to clear multiple new spot crypto ETFs — including those tied to Solana...
Asset management giant T. Rowe Price has filed with the U.S. SEC to launch its first actively managed crypto ETF, marking a major milestone for the $1.77 trillion firm as it expands beyond traditional equities and bonds. The proposed ETF would invest in 5–15 digital assets, including Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu, aiming...
The world’s largest sovereign wealth fund — Norway’s $2 trillion fund — reaffirmed its commitment to drive all 8,500 portfolio companies toward net-zero emissions by 2050, even as the U.S. retreats from climate commitments under new policy reversals. 🔹 Tougher Oversight, Clearer ConsequencesThe updated climate plan raises scrutiny of corporate climate lobbying and allows the...
Activist investor Jana Partners has revealed a 9% stake in Six Flags Entertainment (FUN.N) and is joining forces with NFL star Travis Kelce to push for a major turnaround in marketing, brand engagement, and customer experience across the iconic theme park chain. 💼 The Activist Push At the 13D Monitor Active Passive-Investment Summit in New...
Andrea Orcel, CEO of UniCredit (CRDI.MI), is under renewed pressure from the bank’s board as tensions rise over the scope and transparency of his dealmaking strategy, Reuters reports. 🔹 Board Oversight IntensifiesSources say directors have demanded more frequent updates on M&A moves following stalled ambitions involving Banco BPM and Commerzbank.Some board members floated reinstating a...