Stablecoin bill advances in the Senate….passage is expected next week
Posted: June 11, 2025
The Senate advanced the stablecoin legislation today in a bipartisan 68-30 procedural vote. Eighteen Democrats voted for the proposal while [Read More]
Sightings….
Posted: June 10, 2025
Secretary of the Treasury Scott Bessent is emerging as a contender to succeed Federal Reserve chairman Jerome Powell whose term [Read More]
Investors returning to long/short equity managers
Posted: June 10, 2025
Long/short equity funds had their best asset raising quarter in years as net inflows in Q1 reached $22.8 billion, the [Read More]
Korea Post selects Mirae Global Asset Investments for overseas hedge fund mandate
Posted: June 9, 2025
Korea Post has selected Mirae Global Asset Investments for an overseas hedge fund mandate, according to Asia Asset Management. Mirae, [Read More]
Ackman, Paulson to benefit if Trump privatizes Fannie Mae and Freddie Mac
Posted: June 9, 2025
If the Trump Administration privatizes Federal National Mortgage Association (Fannie Mae) and Federal Loan Home Mortgage Corporation (Freddie Mac), it [Read More]