Latest news with #Unlimited
CNBC
6 days ago
- Business
- CNBC
Markets might get surprised if the tariff conflict continues, says Unlimited's Bob Elliott
Bob Elliott, Unlimited CEO and Victoria Greene, G Squared Private Wealth CIO, joins 'Closing Bell Overtime' to talk the day's market action.
The Irish Sun
21-05-2025
- Business
- The Irish Sun
Major mobile network ads BANNED for all Brits after ‘misleading' savings claim – exact SIM plans slammed by watchdog
VODAFONE has had two website adverts removed by the UK's advertising watchdog for making "misleading" claims about savings. Customers were led to believe two SIM card packages advertised during November and December last year could save them as much as £312 annually. 1 The watchdog told Vodafone that the ads in their current form must not appear again Credit: PA However, the Advertising Standards Authority (ASA) found they did not return on the savings promised. An advert for Vodafone's Unlimited Plus SIM plan, referred to as example A, stated: "Save £240. Monthly £23. Offer ends 19 December." While a previous version of the ad, example C, said: "Unlimited Plus. Black Friday. Save £312. Monthly £20. Offer ends 02 December." Similarly, an advert for Vodafone's Unlimited Max SIM package, example B, read: "Black Friday: Save £312. Monthly £23. Offer ends 2 December'." READ MORE ON MOBILE NETWORKS However, another version of the advertisement, example D, said: 'Unlimited Max. 6 months half price. Monthly £18. £36pm after 6 months. Offer ends 28 November'. The savings claimed in the example A were based on a prior price of £33 per month, but the immediately preceding price had been their Black Friday deal of £20 from example C. The listings were investigated by the regulator after it received a complaint from rival mobile network provider EE. Following an investigation, the watchdog concluded that the savings of £240 and £312 in both package promotions "were not genuine". Most read in Tech Savings claims in the two packages "had not been made against the immediately preceding prices at which the products were sold at when the ads appeared," the watchdog wrote in its ruling. Inside Vodafone's 'fastest-ever' broadband speed boost ASA also found that the products in both ads "did not return to the prices against which the savings were being claimed once the promotions ended" - which meant they were misleading. The watchdog told Vodafone that the ads in their current form must not appear again. The network provider was also told to "ensure that future savings claims did not mislead and to ensure products returned to the price against which the saving was being claimed, once a promotion ended". Vodafone responded to the ASA's investigation, noting that during the promotional period, the Unlimited Plus was on offer for 33 per cent of the time and the Unlimited Max was on offer for 49 per cent of the time, according to
CNBC
02-05-2025
- Business
- CNBC
This market is the product of sentiment, says The Kobeissi Letter's Adam Kobeissi
Bob Elliott, Unlimited CEO and Adam Kobeissi, The Kobeissi Letter editor-in-chief, join 'Closing Bell: Overtime' to discuss market rally, their outlook for stocks and Fed day.
Hamilton Spectator
28-04-2025
- Business
- Hamilton Spectator
Hedge Funds Down-shifted on Pro-Growth Positions During Q1 2025
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- Unlimited , an asset management firm and ETF sponsor that uses proprietary technology to provide low-cost, alternative strategies to a variety of investors, today published its Q1 2025 Hedge Fund Barometer, which showed a significant reversal of pro-growth positions in both U.S. equities and corporate bonds over the quarter as well as an increase in bets on gold. According to Unlimited's proprietary technology, hedge fund managers came into the year with relatively low conviction and modest views but subsequently ramped up pro-growth positions including long the U.S. dollar, and credit spread and equity bets in line with increased expectations of U.S. growth from the new administration. The majority of those positions were reversed starting in February with the exception of extending bullish positions on gold. 'Hedge fund positioning shows some of the lowest conviction in the direction of asset prices that we have seen in decades,' said Bob Elliott, CEO and CIO of Unlimited and portfolio manager of actively-managed ETFs. 'Those positions were a dramatic transition from the beginning of the quarter when hedge funds were ramping up their bullish bets on the U.S. economy. The prominence of policy volatility likely triggered managers' reluctance to hold significant directional positions.' Hedge funds eked out modestly positive performance in the first quarter with the mix of sub-strategy returns largely reversing the moves of the previous quarter. Emerging Market funds outperformed meaningfully as Chinese stocks surged meanwhile Equity Long/Short and Event Driven strategies came in weak. 1Q25 Hedge Fund Strategy Performance, Gross of Fees Unlimited's Hedge Fund Barometer showed other notable moves during the quarter included: Click here to view a video on how Unlimited's technology works. About Unlimited Founded in 2022 by Bob Elliott, Bruce McNevin and Matt Salzberg, Unlimited is an investment firm using proprietary technology to create strategies that offer lower-cost access to 2 & 20-style alternative investment strategies, such as hedge funds, to a wide variety of investors. Mr. Elliott has built innovative hedge fund strategies for more than two decades, including at Bridgewater Associates, the world's largest hedge fund. Mr. McNevin is a Professor of Economics at New York University and has held various data science positions at hedge funds Clinton Group and Midway Group, along with positions at Bank of America and BlackRock. Mr. Salzberg serves as a Managing Partner at Material and Board Director of Unlimited. Learn more at . For informational and educational purposes only and should not be construed as investment advice. The data shown herein represents past performance and should not be construed as providing any assurance or guarantee as to returns that may be realized in the future. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown herein. No investment strategy or risk management technique can guarantee return or eliminate risk in any market environment.
Associated Press
28-04-2025
- Business
- Associated Press
Hedge Funds Down-shifted on Pro-Growth Positions During Q1 2025
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- Unlimited, an asset management firm and ETF sponsor that uses proprietary technology to provide low-cost, alternative strategies to a variety of investors, today published its Q1 2025 Hedge Fund Barometer, which showed a significant reversal of pro-growth positions in both U.S. equities and corporate bonds over the quarter as well as an increase in bets on gold. According to Unlimited's proprietary technology, hedge fund managers came into the year with relatively low conviction and modest views but subsequently ramped up pro-growth positions including long the U.S. dollar, and credit spread and equity bets in line with increased expectations of U.S. growth from the new administration. The majority of those positions were reversed starting in February with the exception of extending bullish positions on gold. 'Hedge fund positioning shows some of the lowest conviction in the direction of asset prices that we have seen in decades,' said Bob Elliott, CEO and CIO of Unlimited and portfolio manager of actively-managed ETFs. 'Those positions were a dramatic transition from the beginning of the quarter when hedge funds were ramping up their bullish bets on the U.S. economy. The prominence of policy volatility likely triggered managers' reluctance to hold significant directional positions.' Hedge funds eked out modestly positive performance in the first quarter with the mix of sub-strategy returns largely reversing the moves of the previous quarter. Emerging Market funds outperformed meaningfully as Chinese stocks surged meanwhile Equity Long/Short and Event Driven strategies came in weak. 1Q25 Hedge Fund Strategy Performance, Gross of Fees Unlimited's Hedge Fund Barometer showed other notable moves during the quarter included: Click here to view a video on how Unlimited's technology works. About Unlimited Founded in 2022 by Bob Elliott, Bruce McNevin and Matt Salzberg, Unlimited is an investment firm using proprietary technology to create strategies that offer lower-cost access to 2 & 20-style alternative investment strategies, such as hedge funds, to a wide variety of investors. Mr. Elliott has built innovative hedge fund strategies for more than two decades, including at Bridgewater Associates, the world's largest hedge fund. Mr. McNevin is a Professor of Economics at New York University and has held various data science positions at hedge funds Clinton Group and Midway Group, along with positions at Bank of America and BlackRock. Mr. Salzberg serves as a Managing Partner at Material and Board Director of Unlimited. Learn more at For informational and educational purposes only and should not be construed as investment advice. The data shown herein represents past performance and should not be construed as providing any assurance or guarantee as to returns that may be realized in the future. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown herein. No investment strategy or risk management technique can guarantee return or eliminate risk in any market environment.
