Samuel Tisch, a grandson of the late billionaire Larry Tisch, has ended a ten-year stint at family friend Izzy Englander’s Millennium Management, to set up his own hedge fund firm, according to a report by Bloomberg.
Hedge funds that pivoted from China to Japan in 2023 have struggled to make money, according to a report by Reuters. The report notes that even though Japan is the third largest economy, fund managers have struggled to make sense
Irradiant Partners, an alternative investment manager with over $10bn in assets under management, announced the closing of $411m in commitments on the third vintage of the Irradiant CLO equity strategy.
TOP STORY: Despite investors limiting their exposure to the Chinese market, computer based funds still see plenty of opportunity in China, according to a report by The Financial Times.
Hedge funds have limited their exposure to healthcare equities, while opting for small-cap stocks in the last week, according to a report by Reuters, that cites a BofA Securities note about its clients flow trends.
According to a report by Bloomberg, US-investment-grade corporate bond spreads have breached a level not seen since 2022, with investors betting that the Federal Reserve has reached the end of its rate hiking cycle. The report noted that high-grade spreads
Zurich-based investment boutique Green Ash Partners is to close the Chanos Equity Long-Short fund, a UCITS fund it launched with famed short-seller Jim Chanos in October 2022, according to a report by CityWire.
German exchange Eurex has set its sites on attracting high volume interest rate trading clients such as hedge funds as it looks to build on the solid start made by its new European interest rate contract, according to a report
SS&C Technologies Holdings’ SS&C GlobeOp Forward Redemption Indicator, a measure of the forward redemption notices received from investors in hedge funds administered on the SS&C GlobeOp platform, measured 3.49% in November, up from from 2.29% in October.
Several Middle East hedge fund firms including Waha Capital and Aventicum have recorded strong performance so far in 2023, according to a report by Business Insider citing data from HSBC’s latest Hedge Weekly Report.
