Former Soros Fund Manager Howard Rubin Taken into Custody on Federal Sex Trafficking Charges
Howard Rubin, a former investor from New York who has had connections with billionaire George Soros, has been arrested on federal charges. These allegations claim he was involved in trafficking and abusing individuals in a soundproof BDSM “sex dungeon” located in a penthouse in midtown Manhattan. Federal authorities report that Howard Rubin, 70, transported a […]
Transgender Film Center Collaborates with Mark Duplass to Establish Grant Fund for Trans Filmmakers
Transgender Film Centre Teams Up with Duplass Brothers for New Grant The Transgender Film Centre has joined forces with Duplass Brothers Productions to establish the Found Footage Feature Fund aimed at supporting independent transgender filmmakers. This fund is said to offer a production grant of $25,000. The initiative was launched during Fantastic Fest on Wednesday […]
Top hedge fund DE Shaw lets go of DEI leader following an exposé on progressive HR practices.
De Shaw Fires DEI Chief Amid Concerns Over Company Direction De Shaw, a left-leaning hedge fund, recently parted ways with its chief of diversity, equity, and inclusion (DEI) following the release of a post regarding its human resources policy. Staff members reportedly had concerns that the company might align with President Trump’s vision. Maja Hazel, […]
Gold Approaches $3,800, But Expert States ‘We Haven’t Hit Gold Fever Yet’: 39% Of Fund Managers Have No Allocation
Gold continued its upward trend on Monday, getting close to $3,800 per ounce. Strong demand and ongoing economic uncertainty are boosting interest in safe-haven assets. Even with these near-record prices, research from key institutions indicates that speculative excitement has not really kicked in, implying there may be further upside for gold. Invest in gold This […]
US stocks could rise an additional 20% before a significant downturn, according to the ‘black swan’ fund Universa.
NEW YORK (Reuters) – According to Universa Investment, a hedge fund focused on tail risks, market enthusiasm has driven inventory up by an additional 20%. The S&P 500 index saw a gain of about 13% this year, hitting a record high on Monday after the Federal Reserve cut interest rates for the first time since […]
South African ETF provider warns investors about its Bitcoin fund
A South African asset management firm, Sygnia, which oversees $20 billion, is cautioning investors about putting too much money into Bitcoin Exchange-Traded Funds (ETFs), citing the cryptocurrency’s price volatility. In a recent interview, Sygnia’s CEO, Magda Wierzycka, mentioned that clients should be careful not to overly allocate their portfolios to the Sygnia Life Bitcoin Plus […]
Rhode Island sheriffs’ retirement fund issues raise concerns about their state-managed plan
Retirement Plan Struggles for Rhode Island Captains For the past 13 years, Jason Allerle, a captain in the Rhode Island Sheriff’s Division, has been saving a significant amount for his retirement through a state plan designed for civil servants. He thought it functioned like other retirement accounts, such as a 401(a), which would allow him […]
What is a Crypto ETF for ‘AltAlt Season’? Confusing Planned Fund Excludes Bitcoin and Ethereum
Simply put Tidal Financial Group submitted an application for a leveraged alt season Crypto ETF on Thursday, marking it as one of three new filings. The concept of “alt alt season” seems to confound a number of industry experts. This fund focuses on the performance of XRP and Solana while sidelining Bitcoin and Ethereum. In […]
Dogecoin ETF Makes a Promising Start, But Rex-Osprey Is Planning a More Risky DOJE Fund
Simply put Rex-Sosprey’s Doje ETF experienced significant trading volumes upon its debut on Thursday. The company is now looking to secure approval for leveraged ETF products aimed at providing Doje with 1 to 1.5 times leveraged exposure. In addition to offering long leveraged exposure, it aims to distribute weekly payments to its holders. Rex-Soprey’s Doje, […]
SEC Simplifies Process for Spot Crypto ETFs and Approves Grayscale’s Large-Cap Crypto Fund
The US Securities and Exchange Commission (SEC) recently approved new listing rules. These rules will primarily affect how products traded on exchanges can be listed, particularly for cryptocurrency-linked exchange-traded funds (ETFs). Now, when entities want to list spot products containing crypto, the SEC won’t need to review each application individually. This enhances the process significantly. […]