Hedge fund Jain Global has made its first significant move into physical natural gas trading through the acquisition of wholesale marketing firm Anahau Energy, according to a report by Bloomberg citing unnamed people familiar with the matter.
James Fishback, a former analyst at David Einhorn’s Greenlight Capital, has admitted to sharing confidential fund information and agreed to cover the hedge fund’s legal costs in a lawsuit filed against him, according to a report by Bloomberg.
Digital asset investment products saw $812m in outflows last week, though YTD inflows remain robust at $39.6bn, close to last year’s record, according to the lates Digital Assets Fund Flows Weekly Report from CoinShares.
Hedge funds have adopted a bearish stance on London cocoa for the first time in three years, reflecting expectations of stronger global supplies following a historic crunch in West Africa, according to a report by Bloomberg.
Brevan Howard is expanding its New York operations with the hire of Portfolio Manager Hsu, who joins from US hedge fund Two Sigma where he spent three years a Vice President. Hsu, will take up his new position in December,
Elliott Investment Management is exploring strategic options for Ark Data Centres, the UK operator it has owned since 2012, in a deal that could value the business at more than £3bn ($4bn), according to a report by Reuters.
Activist hedge fund Irenic Capital Management has taken a roughly 2% stake in financial reporting software provider Workiva (NYSE: WK) and is pressing for governance changes, improved profitability, and a potential sale, according to a report by reuters.
Qomply, a leading provider of regulatory reporting solutions, has appointed Neil Treloar as Chief Operating Officer (COO) for its UK headquarters. He will work closely with the Executive team as the firm expands its global reach.
London-based multi-manager hedge fund Eisler Capital is set to shut down after struggling to meet performance expectations and facing rising costs to attract and retain top trading talent, according to a report by the Financial Times.
Global hedge funds saw their largest weekly selloff in emerging Asia equities in more than five months last week, as investors trimmed positions ahead of the region’s major holiday season, according to a report by Reuters citing a Goldman Sachs
