Man Group, the world’s largest listed hedge fund, has appointed Colin Bell, the former head of HSBC’s European operations, as a non-executive director, strengthening its board with additional banking, regulatory and technology expertise, according to a report by Financial News
Equity-focused hedge funds suffered their worst daily performance in almost a year on Wednesday, as a sharp sell-off in technology stocks triggered losses across crowded trades, according to a report by Reuters citing a client note from Goldman Sachs.
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TOP STORY: Chaitanya Mehra, head of a diversified commodities platform at Millennium Management, is spinning out to launch Echion Capital with $1.5bn in backing from Izzy Englander’s multi-strategy hedge fund firm, according to a report by Bloomberg.
Rob Citrone’s macro hedge fund Discovery Capital posted its best monthly performance since November 2024, gaining 7.5% in January, according to a a report by Financial News London citing an unnamed source familiar with the matter.
Singapore-based Dymon Asia has reported its strongest monthly performance since the launch of its multi-strategy fund in February 2020, with the vehicle gaining 5% in January, according to a report by Financial News London.
Goldman Sachs has hired Maciej Wolański, a former managing director at hedge fund Point72, into its Warsaw-based technology and engineering operations, further strengthening the bank’s largest hub in continental Europe, according to a report by eFinancial careers.
Saba Capital has moved closer to launching a European activist exchange traded fund focussed on UK-listed investment trusts trading on persistent discounts after receiving regulatory approval in Ireland to operate the vehicle as an active ETF, according to a report
Multi-strategy hedge fund Millennium has recruited Christian Blanc, a managing director from Goldman Sachs, as it continues to expand its data centre and technology infrastructure capabilities, according to a report by eFinancial Careers.
The Protea International hedge fund delivered a 45.4% return in 2025, its strongest calendar-year performance since launch, driven by stock-specific alpha rather than broad market exposure, according to a report by CityWire citing portfolio manager Jean Pierre Verster.
