Point72 has hired Jennifer Cohen, Head of Human Capital at royal hedge fund firm Schonfeld Strategic Advisors, as its new Chief Human Resources Officer, highlighting how the talent war between elite multi-manager funds is expanding beyond PMs and analysts, according
Kurt Wolf, founder and Chief Investment Officer of Hestia Capital Management, has been appointed Chief Executive Officer of Pitney Bowes, marking a significant development nearly two years after the activist fund secured board representation at the logistics and mailing services
Croatian fund manager Mathematica Capital Partners has announced the launch of its second hedge fund, Zenith, as it looks to capitalise on increased market volatility and demand for sophisticated investment strategies, according to a report by SeeNews.
Edelweiss Asset Management has announced the launch of its new alternative investment platform, altiva SIF, marking one of the first specialised investment funds (SIFs) approved by the Securities and Exchange Board of India (SEBI), according to a report by Bloomberg.
A German court has dropped money laundering charges against Sanjay Shah – founder of defunct hedge fund Solo Capital Partners – in connection with a €330m ($374m) Cum-Ex tax fraud case, citing his conviction in a parallel Danish prosecution, according
Broadridge Financial Solutions has appointed Tina Joshi as Head of Securities Finance and Collateral Management (SFCM) for North America, a strategic hire aimed at supporting it delivery of solutions in the securities finance marketplace.
A sharp rise in long-term US Treasury yields is placing renewed pressure on a widely held hedge fund strategy predicated on the relative outperformance of government bonds versus interest rate swaps, according to a report by Bloomberg.
Pershing Square Capital Management, the hedge fund led by billionaire activist investor Bill Ackman, has initiated a new position in Amazon, while exiting Canadian Pacific, as part of a broader portfolio reshuffle, according to a report by Reuters.
Ultra-wealthy investors are ramping up allocations to hedge funds as volatility prompted by Trump tariffs resurfaces across global markets, according to a report by Bloomberg citing UBS’s latest Global Family Office Report.
Hedge funds led a sharp rise in equity inflows at Bank of America Securities last week, even as retail investors ended a near six-month streak of net buying, according to a report by Investing.com citing the bank’s latest client flow
