Opalesque Exclusive: Crypto investors finally discovered the P/E ratio... [more]Matthias Knab, Opalesque for New Managers: The argument that digital assets should be valued like any other cash-flow producing asset has been made for years by a handful of managers, mostly to an audience that was

Aschenbrenner had 56% of his hedge fund invested in these two stocks before blow-up... [more]Leopold Aschenbrenner, the former OpenAI researcher whose AI-focused hedge fund collapsed in late July, had concentrated more than half of its U.S. stock portfolio in two memory-chip makers just weeks before the disaster, according to a regulatory filing released Friday. Situational Awareness, the
How Wall Street sussed out that Situational Awareness was on the ropes... [more]Wall Street traders pieced together signs that Leopold Aschenbrenner's Situational Awareness was in distress before its problems became public, tracking unusual activity and forced selling across stocks associated with the fund. The episode shows how rival trading desks can reconstruct a secretive h
Jane Street's $15 billion loss lays bare its hedge fund side... [more]Jane Street's roughly $15 billion July loss from its exposure to Situational Awareness and other positions highlighted how far the trading firm has expanded beyond its traditional market-making business. The loss, comparable with some of the largest hedge fund drawdowns in history, also came as Jane
D1 Capital emerges as largest hedge fund holder of SpaceX... [more]D1 Capital Partners has emerged as the largest hedge fund shareholder in SpaceX following the company's public listing. Daniel Sundheim's firm was already a significant private-market investor in SpaceX, and its position illustrates how crossover hedge funds can build substantial exposure to high-pr
Jain Global expands staff, office space in Asia ahead of Millennium tie-up... [more]Bobby Jain's hedge fund is expanding its staff and office footprint in Asia even as it prepares to return external investor capital and manage money exclusively for Millennium Management. Jain Global has more than 400 employees across six offices and plans to remain an independent firm while gaining
John Paulson's portfolio shrinks 17% as billionaire bets big on gold... [more]Billionaire investor John Paulson's US equity portfolio contracted by about 17% during the second quarter as he made significant changes to his holdings. Paulson continued to emphasize gold-related investments, consistent with his long-standing bullish view on the precious metal as a hedge against i
Peter Thiel's hedge fund takes $76 million stake in Argentina energy company... [more]Peter Thiel's hedge fund Thiel Macro disclosed a roughly $76 million investment in Vista Energy, making the Argentina-focused oil producer its second-largest reported holding behind Amazon. Vista is the largest independent energy company in Argentina and operates in the Vaca Muerta shale formation;
Banks score $22.5bn hedge fund windfall in record year for prime brokerage... [more]The world's 12 largest investment banks generated a record $22.5 billion from prime brokerage in the first half of 2026, up 51% from a year earlier, as multistrategy and quantitative hedge funds drove trading and financing demand. Goldman Sachs, JPMorgan and Morgan Stanley dominate the business, whi
Hedge fund Balyasny hired the co-head of BlackRock's investment grade platform... [more]Balyasny Asset Management has hired a senior investment-grade credit executive from BlackRock as the $25 billion hedge fund continues expanding its fixed-income capabilities. The move adds experienced credit leadership to Balyasny's multi-manager platform amid intense competition among large hedge f
Hedge fund tax break grips Hong Kong banks on fear of exodus... [more]Hong Kong bankers are concerned that proposed tax concessions for hedge fund professionals could encourage talent to leave banks for investment firms that qualify for preferential treatment. The debate illustrates the increasingly intense competition for financial professionals as Hong Kong tries to
And, finally: This woman will pretty certainly outrun you... [more]From UPI: A 44-year-old fitness influencer broke a Guinness World Record by running 100 miles on a treadmill in a time of 12 hours, 47 minutes and 10 seconds. Ashley Paulson, a trainer for fitness app iFIT, beat the previous record by an hour and a half when she completed her April 18 run in Boston
In an era of deepfakes, phantom fortunes, and narrative warfare, the challenge of distinguishing reality from illusion has never been more acute. For those stewarding generational wealth, the stakes are existential. This 11th edition of Horizons delves into the critical quest for clarity, offering a toolkit to navigate a world rife with deception and to build a foundation of verifiable trust.
Our journey begins with a chilling investigation into
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.
RSS
Matthias Knab, Opalesque for New Managers: On July 9th, participants from 28 countries joined Opalesque's "Kant & Capital" webinar - not for a lecture, but for a workshop. The premise: after sixty years of labels - SRI, triple bottom line, ESG, impact - each of which fell short of its promise, i..
