January 20, 2022 — It isn’t every day that a piece of art, specifically digital art, sells for a lofty eight-figure sum.
Last spring, Everydays: The First 5000 Days, a digital work of art by digital artist Beeple, sold as an NFT for $69.3 million (paid for with 42,329 Ether)…
January 11, 2022 — From 2000 to 2004, as the growth bubble popped and value stocks came roaring back, a “golden era” for long-short equity hedge funds occurred.
Sound familiar?
The tech bubble implosion in the early aughts bears remarkable semblance to the current market environment.
For example, the valuation…
December 29, 2021 — According to J.P. Morgan, merger arbitrage has been the most consistent performing alternative investment strategy since 2011.
Over the past eleven years, merger arbitrage has been the only hedge fund investment strategy to produce positive returns every year.
December 24, 2021 — Over the past year, we recorded 75 shows for the Absolute Return Podcast. In a new holiday tradition, here is a list of our top 10 favourite CEO discussions on the podcast:
Episode #189: Bill Gross, CEO of Heliogen
Bill’s advice for founders that are just…
December 23, 2021 — If we were to have an “Asset Class of the Year” award, it would undoubtedly go to SPACs.
Special Purpose Acquisition Companies as an asset class nearly doubled in size, ending 2021 with an aggregate market capitalization of more than $200 billion.
December 14, 2021 — Short selling of stocks was extremely challenging in 2019 and 2020.
Historically, overvalued shares of unprofitable companies dramatically underperformed the market. …
November 30, 2021 — Recently, things have been eerily quiet in mergers and acquisitions.
In November, there were no deals that terminated. Mergers have been closing as expected.
In the world of M&A, quiet is good. …
November 29, 2021 — Fixed income investors are in a tough spot these days.
Inflation is running hot at 6%. The 10-year US Treasury Bond is yielding just 1.5%. Investment grade corporate bonds yield less than 2.7% and BB junk bonds are sporting a 3.6% yield.
Everywhere you look, fixed…
November 11, 2021 — U.S. inflation hit 6.2% in October compared with a year earlier.
The consumer price index was up 0.9% last month, meaning that the purchasing power of a U.S. dollar is losing nearly -1% every 30 days. Unfortunately, the Canadian dollar is not doing much better.
Inflation…
October 28, 2021 — Investors are navigating through the merger arbitrage landscape as they would in a haunted house — cautiously and somewhat frightened.
Much of the market’s fear, reflected in wide arbitrage spreads and high arbitrage yields, stems from concerns regarding the regulatory landscape in both the U.S. …
Founder and CEO of Accelerate Financial Technologies. Learn more at AccelerateShares.com
