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AmerX, a global broker-dealer and self-clearing firm operating as one of the largest participants on the floor of the New York Stock Exchange, has adde an equity research offering for institutional clients.
Whale Rock Capital Management, the technology-focused hedge fund led by Alex Sacerdote, significantly increased its exposure to a trio of artificial intelligence infrastructure companies during the first quarter, while trimming its position in chip giant Nvidia, according to a report by Barnhart.
Pershing Square’s proposed €55bn acquisition of Universal Music Group (UMG) has suffered a major setback after the Bolloré family, the company’s largest shareholder, publicly voiced opposition to the transaction, according to a report by the Finsancial Times.
Prediction market platforms including Kalshi are increasingly targeting hedge funds and other institutional investors as they look to move beyond their retail trading base and enter the next stage of market expansion, according to a report by Reuters.
Former Goldman Sachs macro trading partner Stuart Riley has exited Tudor Investment Corporation after a brief 16-month stint, marking another move in a career spanning several high-profile hedge fund roles, according to a report by eFinancial Careers.
Electronic design automation software provider Synopsys has reached a cooperation agreement with activist investor Elliott Investment Management that will see Elliott managing partner Jesse Cohn join the company’s board, according to a report by Reuters.
Hedge fund managers are increasingly looking beyond China’s artificial intelligence boom, instead focusing on overlooked domestic champions and niche sectors as they search for differentiated opportunities in the region, according to a report by Fund Selector Asia.
Asian markets turned risk-off on Thursday as renewed military escalation in the Middle East pushed oil higher and pressured equities across Asia, while investors also braced for key US inflation data, according to a report by Reuters.