Digital Assets Report

Latest News

Hedge funds have renewed their attack on the Japanese yen just days after suspected government intervention to support the currency, with leverage funds upping their bets that the it will sink back towards a 34-year low in the next few weeks, according to a report by Bloomberg.
A short bet on Spanish multinational pharmaceutical and chemical manufacturer Grifols helped hedge fund General Industrial Partners earn double-digit gains while bullish bet on the same stock left former Elliott trader Frank Tuil nursing a loss, according to a report by Bloomberg.
Yun Zhou, a former macro portfolio manager at global macro hedge fund major Brevan Howard, has moved to the banking sector in joining Citi as a Managing Director based in New York, where he will focus on rates options trading, according to a report by eFinancial Careers.
Activist hedge fund firm AREX Capital Management will mount a boardroom challenge at US home health and hospice services provider Enhabit, arguing that that new directors are needed to help reverse poor financial performance, according to a report by Reuters.
Point72 has added another Portfolio Manager to its team with the appointment of Ketan Gada from Swiss asset manager Pictet Asset Management, where he served as Head of Total Return Emerging Markets Fixed Income, according to a report by CityWire.
TOP STORY: Bankrupt retailer Bed Bath & Beyond is suing Hudson Bay Capital Management – the hedge fund at the centre of a filed last-ditch rescue plan for the business – for more than $300m in lost trading profits as it looks to generate cash for its creditors, according to a report by Fortune.
Shin Kobayashi, Head of Japanese Government Bond Trading at Citigroup, has joined $9.9bn multi-strategy hedge fund Verition Fund Management as a Portfolio Manager focusing on yen rates trading, according to a report by Bloomberg.
EEX Group saw a total of 1,139 TWh traded on its global spot and derivatives power markets in April – an increase of 72% YoY, marking a new record monthly high, with trading volume in European power derivatives more than doubling YoY (+141%).
LTX, a subsidiary of Broadridge Financial Solutions, has integrated with MultiLynq, a provider of electronic fixed income trading connectivity and integration solutions, in a move to improve connectivity to the LTX platform.
Geopolitical and economic factors may be behind a potentially significant shift in hedge fund investment and business strategy, including increased fundraising activity and diversification, according to a survey by Dynamo Software, a Bulgarian cloud software provider for the alternative investment management sector.

Special Reports

FeatureD

Rokos Capital Management logo on phone screen

Events

16 May, 2024 – 8:30 am

Directory Listings