Olga Kane

Managing director at a machine learning hedge fund.

[Olga Kane @arkanealpha]

Y Combinator to End Late-Stage Fund, Lays Off Staff. The decision is due to a sharp pullback in venture funding, particularly for late stage after the value of public tech comps have fallen. According to YC, the move was not connected to the SVB implosion.

[Olga Kane @arkanealpha]

Citadel is negotiating an enterprise license to use ChatGPT to translate software between languages to analyze data. https://t.co/fIIaXDBz7s

[Bill Ackman @BillAckman]

Doesn’t it make more sense to moderate wage inflation with increased immigration than by raising rates, destroying demand, putting people out of work, and causing a recession?

[Olga Kane @arkanealpha]

Synthesis has been shortlisted for Hedgeweek US Awards 2022 in the Best Performing Statistical Arbitrage Strategy category.
Voting is now open online https://t.co/7WpjCOntaa
Nominations are based on performance ranking data provided by Bloomberg (ticker SYNTABS KY).

[Olga Kane @arkanealpha]

https://t.co/wrQFCmqp1g Synthesis named among finalists in the Institutional Investor’s 2022 Hedge Fund Industry Awards. Allocators are invited to vote for the nominees https://t.co/6YvxvB1mny The winners will be revealed at a gala dinner and ceremony on April 27.

[Olga Kane @arkanealpha]

According to the new report by AIMA and With Intelligence https://t.co/PCgjrE8h33, hedge fund net flows reached $25bn, compared with outflows of $15bn in 2020 and outflows of $17bn in 2019.

[Olga Kane @arkanealpha]

https://t.co/zcgxfM0lya Performance during the January sell-off.
AQR Absolute Return made 15%, Citadel Wellington was up 4.7%, Balyasny made 2.6%. Millennium was up 1.65%
Third Point was down 10%, Tiger Global lost 14.8%, PDT lost 7%, Point72 was down 1.3%.

[Olga Kane @arkanealpha]

Hot fintech trends 2022:⠀
- Democratized AI
- Embedded finance
- Neobanks
- DeFi re-architecting
- Cryptofication of incumbent financial institutions
- Creator economy fintech
- Payment processing for metaverse
#ai #nft #fintech #neobank #crypto

[Olga Kane @arkanealpha]

Insider's collection of pitch decks fintech founders used to sell their vision to VC investors. https://t.co/iKQhk7fl9a

[Olga Kane @arkanealpha]

Even as the stimulus check giveaway fades and the stay-at-home era peaks, the Reddit-fueled, Robinhood-powered retail crowd remains a force to be reckoned with https://t.co/dsqSt8xGxd

[Olga Kane @arkanealpha]

Client notes from both Morgan Stanley and Goldman Sachs Group Inc. showed that fundamental stock-picking hedge funds posted negative alpha YTD. U.S.-based stock-picking hedge funds gained an average 5.8% in H1 2021, according to Morgan Stanley. https://t.co/nK9T11xhXl

[Olga Kane @arkanealpha]

“We are exploring opportunities around blockchain technology and its transformative and disruptive capabilities,” Point72 said in a May letter to investors seen by Bloomberg. https://t.co/NDPCMlqnnr

[Olga Kane @arkanealpha]

Hudson River Trading is planning to compete with Citadel and Virtu in retail wholesaler business https://t.co/3fBn3XIDwF

[Olga Kane @arkanealpha]

Robinhood will pay $57mln, the highest fine ever levied by FINRA, plus nearly $13 mln in restitution to thousands of clients for its systemwide outages and misleading communication and trading practices. https://t.co/zsAcDQLds0

[Olga Kane @arkanealpha]

Virtu is joining Pyth Network, a #DeFi market data distribution platform. Jump Trading joined the platform in April and GTS earlier this month. https://t.co/WLPIegPlZ1

[Olga Kane @arkanealpha]

Under Rule 612, exchanges can only display stock prices in fractions of a cent if a security is trading at less than $1 per share. Mr. Tenev said if sub-penny limitations are removed, "we could see...perhaps more retail order flow executed on lit markets." https://t.co/dGlNt1v7Zc

[Olga Kane @arkanealpha]

Brevan Howard Asset Management has stopped accepting new cash into its two biggest multi-manager funds after the firm’s record year of performance
https://t.co/ERbvXZFh7Q

[Joel Cohen @joelmcohen]

https://t.co/BHH9WU8eGz

First 25 new fund manager mistakes posted. To help me get this to 100+, pls:

1) retweet
2) tag a few smart people you'd like to see respond with a mistake/insight from starting their fund

Comment here or reply to tweet https://t.co/hxlWowiAzG

[Olga Kane @arkanealpha]

Inspired by the success of ARKK, ETF issuers have this year launched 115 active products vs 51 passive funds. A record 22 thematic funds have launched since the start of the year. https://t.co/udfsmZzF3B