Investment Strategy - The report dismisses hedge funds, quant shops, and short-sellers as the answer [1]

Investment Strategy - The report suggests that hedge funds, quant shops, or short-sellers are not the answer [1]

Hedge Fund Performance - D E Shaw's main hedge fund transformed a mediocre July into a profitable month within days [1]

Fundraising Trends - Private equity and credit fundraising is slowing down [1] - Hedge funds and crypto strategies are gaining momentum in alternative investments [1]

Onshoring and Economic Impact - Onshoring to America, especially high value-added tech manufacturing like chips, has a large fiscal and economic impact without overly stressing the labor force [2] - A major investment deal between a leading American company and a foreign technology company aims to onshore industry in the US [1] - The success of major investments by companies struggling in their respective fields remains to be seen in terms of long-term impact [3][4] Semiconductor Industry and Competition - TSMC has an overall technical lead in the semiconductor space, having built an extraordinary business that has taken out competitors like Intel and Samsung [4][5] - Increased competition is coming for both TSMC and Nvidia [5] - The semiconductor industry is experiencing tremendous growth [5] Market and Investment Trends - The US prime book is heavily weighted and overexposed to the semiconductor space and semiconductor equipment [6] - Hedge funds have dialed back exposure to the semiconductor space ahead of earnings [6] - Extraordinary retail participation, a dramatic increase in margin utilization, and a dramatic decline in short interest have been observed [7] - Market conditions are extraordinarily difficult for hedge funds, requiring near-perfect earnings to live up to the hype [9] - Hedge funds have been underexposed to software services [9] - Hedge funds are expected to rotate towards sectors that are performing well, such as cyclicals versus defensives [10]

Fund Management - Qube Research & Technologies is merging two of its largest hedge funds [1] - The merged fund will have more than $20 billion in assets [1]

Market Trends & Sentiment - Hedge funds reduced bullish positions on US crude to the lowest level since early April [1] - Concerns about the trade war impacting energy demand are rising [1] Trade War Impact - President Trump's August 1st deadline for trade deals fueled trade war concerns [1] - The trade war is expected to potentially decrease energy demand [1]

MASSIVEAccredited Investors may need to pass a knowledge test, not a money test-The House passed the Equal Opportunity for All Investors Act-allows people to qualify as accredited investors by passing an SEC test instead of meeting wealth and income limits-Aims to expand access to private markets, VC, pre-IPO, hedge funds for informed investors-test will measure knowledge of private securities, risk, illiquidity, financial statements-Goal is to unlock more funding for startups while protecting consumersSOUR ...

Tax Structure - Private equity and hedge funds are structured as pass-through entities [1] - These entities pass their entire tax obligation to investors or limited partners [1] Industry Focus - The document explains how private equity and hedge funds are taxed [1]

Walleye Capital is pausing taking new cash, joining a string of multistrategy hedge funds turning down investors to avoid being bogged down by size https://t.co/79BMrkza36 ...