Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders
JPMorgan strategists say some big hedge-fund groups took heavy hits in the July tech selloff, and they may be buying far less of those stocks going forward.
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Citi’s investment roadmap raises eyebrows on Wall Street
Key insight: Citi could incur higher expenses in the second half of this year if market conditions create opportunities to hasten investment spending, executives said Tuesday. What’s at stake: Talk of a pickup in investment spending coincided with a decrease in the bank’s stock price, as investors digested the possibility of higher expenses in the…
From NIBE to BEL: Six Defence Stocks to Watch as India Accelerates Indigenous UAV, Counter-Drone Plans
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The Gabelli Global Financial Services Fund Q2 2026 Commentary (GFSIX)
GAMCO Investors, Inc. is a well-known diversified asset manager and financial services company. The company’s investment services are primarily offered through its subsidiary GAMCO Asset Managment Inc, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through the Company’s role as advisor to a family of Mutual Funds. Note:…
Pallas Capital appoints Rix as head of credit risk
Specialist bridging and development finance lender Pallas Capital has recruited Darren Rix has its head of credit risk, bringing 37 years of banking experience to the role. Rix’s work history includes 28 years in retail banking across corporate real estate and credit risk, through senior roles at Barclays, Bank of Scotland and Santander. He then led a project…
Lawyer Sanctioned After AI Generates Fake Witnesses in Appeal
A New Mexico defense attorney’s use of artificial intelligence in a murder appeal has landed him in trouble. The state’s Supreme Court last week held attorney Stephen Aarons in direct contempt of court for submitting a brief with “false testimony from wholly fabricated witnesses,” according to a court order filed Sept. 9. The court referred…
Women leaders prefer PE, VC funding despite knowledge gap: Barclays study | Finance News
High-net-worth women in India are targeting alternative assets like private equity (PE) and venture capital (VC), though they admit that they do not fully understand how these vehicles work, says a Barclays report titled “The Ownership Shift”. According to the report, 40 per cent of surveyed women leaders plan to allocate new…
