Hedge Fund Software Market to See Promising Growth Ahead| FundCount, FXCM, Ledgex, AlternativeSoft, Eze Software (OpenPR.com)
Global Hedge fund Software Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Hedge fund Software market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Hedge fund Software market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.
Allianz Takes Fall After Announcing U.S. Fund Probe (NWAOnline.com)
Allianz SE warned of a potentially material hit to its earnings, announcing the U.S. Justice Department has opened an investigation into its Structured Alpha Funds, which are at the center of lawsuits in the wake of steep losses during the pandemic. Europe’s largest insurer slumped in Frankfurt trading after disclosing late Sunday that it received a “voluntary request for documents and information” from the Justice Department and is cooperating with the investigation, as well as with an investigation launched last year by the Securities and Exchange Commission. It has also started its own review of the matter.
Study with 100 Leading Hedge Fund Managers Reveals Widespread Enthusiasm for Quant Strategies (Opalesque)
Opalesque Industry Update – 80% of hedge fund managers expect institutional investors to increase their allocation to quant strategies in the next twelve months, said a study. The 100 leading hedge fund managers surveyed, who collectively manage over $231 billion in AUM, also reveals that 73% believe the current economic and fiscal environment is attractive for quant strategies, and 86% expect the number of quant hedge funds to increase over the next five years. SigTech commissioned the market research company Pureprofile to survey 100 hedge fund managers across the UK, US, and Asia. Interviews were conducted online in June 2021.
Bitwise Asset Management Expands DeFi Suite With Launch of the World’s First Uniswap and Aave Funds (BusinessWire)
SAN FRANCISCO–(BUSINESS WIRE) — Bitwise Asset Management, the world’s largest crypto index fund manager with over $1.0 billion in AUM,1 today announced the launch of the Bitwise Uniswap (UNI) Fund and the Bitwise Aave (AAVE) Fund. These two new strategies join the Bitwise DeFi Crypto Index Fund in simplifying access to the emerging decentralized finance (DeFi) space for professional investors.
The Sr VP, Secretary & Gen Counsel of Cintas (NASDAQ: CTAS) is Buying Shares (Analyst Ratings)
Today, the Sr VP, Secretary & Gen Counsel of Cintas (CTAS), Thomas Frooman, bought shares of CTAS for $3.78M. Following Thomas Frooman’s last CTAS Buy transaction on November 06, 2020, the stock climbed by 54.7%. Following this transaction Thomas Frooman’s holding in the company was increased by 35.92% to a total of $38.23 million. Based on Cintas’ latest earnings report for the quarter ending May 31, the company posted quarterly revenue of $1.84 billion and quarterly net profit of $268 million.
Tuesday 8/3 Insider Buying Report: CADL, EQT (Nasdaq.com)
At Candel Therapeutics, a filing with the SEC revealed that on Thursday, Director Christopher Martell bought 125,000 shares of CADL, for a cost of $8.00 each, for a total investment of $1M. Investors have the opportunity to grab CADL at a price even lower than Martell did, with shares trading as low as $7.60 in trading on Tuesday which is 5.0% below Martell’s purchase price. Candel Therapeutics is trading up about 3.3% on the day Tuesday. This buy marks the first one filed by Martell in the past twelve months. And at EQT, there was insider buying on Monday, by CEO Toby Z. Rice who bought 28,000 shares at a cost of $17.83 each, for a total investment of $499,240. This purchase marks the first one filed by Rice in the past year. EQT is trading up about 0.5% on the day Tuesday. Bargain hunters can buy EQT at a price even lower than Rice did, with shares changing hands as low as $17.33 in trading on Tuesday — that’s 2.8% under Rice’s purchase price.
