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The winners of the Hedgeweek® Digital Assets Awards 2026, which recognise fund performance and service provider excellence within the hedge fund landscape, were announced at an exclusive ceremony and networking event today (9 June), at etc.venues, County Hall, London.Â
The winners of the Hedgeweek® European Awards 2026, which recognise fund performance and service provider excellence within the hedge fund landscape, were announced at an exclusive ceremony and networking event today (9 June), at etc.venues, County Hall, London.Â
By Andrey Darenberg, founder, RateYourCyber.com – Generative AI has moved through financial services faster than most internal governance frameworks were designed to absorb. What began as experimentation inside research and technology teams is now embedded across investment analysis, due diligence, compliance, onboarding, client communications and internal reporting. In a number of firms, it has become difficult to remove without disrupting day-to-day operations.
TOP STORY: Hedge funds significantly increased their exposure to global equities in the days leading up to Friday’s sharp market decline, according to a report by Bloomberg citing new positioning data from Goldman Sachs’ prime brokerage business.
A legal battle between rival multi-manager hedge fund firms has intensified after Millennium Management portfolio manager Adam Grunfeld asked a New York court to dismiss claims brought against him by Schonfeld Strategic Advisors over a failed recruitment agreement, according to a report by Bloomberg.
Situational Awareness, the hedge fund founded by 24-year-old former artificial intelligence researcher Leopold Aschenbrenner has grown to more than $20bn in assets under management less than two years after launch, according to a report by the Wall Street Journal.
A new industry survey has identified the recruitment firms most highly regarded by finance professionals for placing talent into hedge funds, with London-headquartered Paragon Alpha emerging as the highest-rated recruitment firm, according to a report by eFinancial Careers.
Ken Griffin’s Citadel and Citadel Securities are scaling up their campus recruiting effort, unveiling what is described as their most selective and largest internship cohort to date, as competition for quantitative and engineering talent intensifies across global markets, according to a report by Business Insider.
Asian equity markets staged a broad rebound on Tuesday following Monday’s steep falls, as investors returned to risk assets following signs of de-escalation in tensions between Israel and Iran, according to a report by Reuters.
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX and hedge fund Alameda Research, has submitted a formal request for a presidential pardon from US President Donald Trump, according to a report by Bloomberg citing records from the US Department of Justice’s Office of the Pardon Attorney.
