Hedge funds’ narrow rise during August has driven their year-to-date returns back into double-digit territory, as equity long/short, event driven, macro and relative value managers all scored gains in the face of the Afghanistan crisis, ongoing monetary policy uncertainty, and
SimCorp, an independent provider of SaaS investment management solutions, has partnered with Qontigo, a provider of analytics and indices, and part of the Deutsche Börse Group. The partnership offers SimCorp clients a fully managed portfolio optimisation and risk management and
Cheyne Strategic Value Credit has successfully raised its second fund, Cheyne European Strategic Value Credit Fund II (SVC II) securing EUR 1 billion capacity less than six months after its first close, with strong support from existing investors and significant
TCI Fund Management, Sir Christopher Hohn’s high-profile activist hedge fund firm, is calling on Canadian National Railway to end its “reckless, irresponsible, and value destructive pursuit” of Kansas City Southern, and wants to requisition a special meeting of CN shareholders
Broadridge Financial Solutions has added Ted Bragg and Jim Kwiatkowski to the team at LTX, a Broadridge company offering a new AI-driven digital trading platform for corporate bonds. Bragg and Kwiatkowski join the LTX leadership team, working closely with LTX
Brummer & Partners’ flagship multi-strategy vehicle slipped into the red during August, with all but two of its underlying managers posting losses during the month. The slide comes as the Stockholm-based fund began allocating capital to Kersley Financials, a new
Integral, a technology company in the foreign exchange market, has reported average daily volumes (ADV) across its platforms of USD44.2 billion in August 2021. This represents an increase of +0.5 per cent compared to July 2021 and an increase of
The fallout from the Covid-19 pandemic continues to reshape the global macroeconomic and geopolitical landscape, driving both uncertainty as well as opportunity for macro managers – and the Best Macro Hedge Fund category at this year’s Hedgeweek Americas Awards will
Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, has completed the acquisition and merger with Bybrook Capital (Bybrook). Bybrook is a London-based specialist credit manager, focused on absolute value stressed/distressed debt and special situations in Europe.
Insch Kintore, the currency and gold-focused CTA hedge fund run by ex-AHL director Christopher Cruden, remains up this year as the precious metal continues on its rollercoaster ride.
