Odey Asset Management has suspended withdrawals from two more funds – the Special Situations and Odey Portfolio funds – in response to mounting redemption pressure following sexual assault allegations against its founder Crispin Odey, according to reports.
The Bank of England has launched the first stress test for hedge funds, pension funds and other financial firms as it looks to glean insight into how they would behave under pressure and how this could threaten the UK’s financial
A group of four hedge funds have won their legal case against Argentina over payments due on euro-denominated securities linked to the country’s GDP, leaving the South African republic facing a potential bill of €1.33bn ($1.46bn), according to a report
The extended ramp up in regulation coupled with the challenging economic environment means hedge funds need to continue to look for ways of operating more efficiently in order to stay ahead.
The Securities Commission of the Bahamas has defended its decision to transfer all digital assets of FTX into digital wallets under the exclusive control of the Commission for the benefit of clients and creditors of FDM.
The Commodity Futures Trading Commission and the Securities and Exchange Commission have launched an investigation into whether crypto hedge fund Three Arrows Capital, which filed for bankruptcy back in July, misled investors, according to a report by Bloomberg.
Allianz Global Investors US (AGI US), the US hedge fund unit of German insurance giant Allianz, is to pay USD5.8 billion after pleading guilty to fraud over the collapse of its Structured Alpha funds in 2020.
The SEC is facing the possibility of legal action by hedge funds and finance industry groups over its plans to change certain market rules following the collapse of Archegos Capital Management (Archegos), according to a report by The Financial Times.
The Securities and Exchange Commission has voted to propose new rules and amendments under the Investment Advisers Act of 1940 (Advisers Act) to enhance the regulation of private fund advisers and to “protect private fund investors by increasing transparency, competition,
The US Securities & Exchange Commission (SEC) has proposed changes to the current Form PF reporting regime which would force hedge funds and private equity funds to report large investment losses or redemptions more frequently.
