• Snap's biggest investors raise stakes in third quarter

    6 days ago - By Reuters

    NEW YORK - Fidelity Investments and technology-focused hedge fund Coatue Management LLC boosted their stakes in social media company Snap Inc during the third quarter, despite Snap's disappointing results, regulatory filings showed on Tuesday.
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  • Bitcoin to hit $20,000 by December 2018 - investor

    6 days ago - By Reuters

    Mike Novogratz, the former macro hedge fund manager at Fortress Investment Group who has joined the mad dash for crypto-currencies, predicts the value of a bitcoin will soar to $20,000 by the end of 2018, fueled in part by his believe mainstream institutional investors are about six to eight months from adopting the volatile crypto-currency.
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  • One of the largest hedge funds in the world is ready to add bitcoin to its 'investment universe'

    One of the largest hedge funds in the world is ready to add bitcoin to its 'investment universe'

    6 days ago - By Business Insider

    Man Group, a UK-based investment management firm, said it would include bitcoin in its "investment universe" if bitcoin futures successfully launch.
    CME, the world's largest exchange group, said it would launch a bitcoin futures product by year-end.
    Such a product could open the door to more traditional Wall Street firms entering the bitcoin market.
    One of the largest hedge funds in the world might hop on the bitcoin trade.
    Luke Ellis, the CEO of Man Group, the UK-based investor with $95 billion in funds under management, said the firm would include bitcoin in its "investment universe" if...
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