Hedge fund managers at this year’s Sohn Hong Kong Investment Conference pitched investment ideas spanning AI infrastructure, semiconductor supply chains and changing consumer spending habits, according to a report by Bloomberg.
Activist hedge fund Elliott Investment Management has stepped up its artificial intelligence strategy with the appointment of former Blackstone executive Teresa Sweeney to lead its global research and data science group, according to a report by Bloomberg.
Ken Griffin’s Market maker Citadel Securities has added more than 60 employees across Asia this year, underscoring the firm’s continued investment in the region as it expands its trading capabilities and intensifies competition with major Wall Street banks, according to
Arcesium has launched a new artificial intelligence platform designed to embed “agentic AI” across the full investment lifecycle, as hedge funds and other asset managers accelerate efforts to move beyond experimentation and into production-scale automation of core operational workflows.
Hedge funds delivered one of their strongest monthly performances in recent years in April, recovering decisively from March’s losses as gains were broad-based across all major investment strategy groupings, according to data from the Citco group of companies (Citco).
Global equity markets have continued to climb to fresh record levels even as bond markets signal mounting concern over inflation, borrowing costs and the longer-term economic impact of sustained geopolitical tension, according to a report by the Financial Times.
Perpetuals.com, the firm founded by former FTX executive Patrick Gruhn, has launched a new AI-driven trading product designed to turn crowd-sourced strategy signals into profit without requiring users to risk their own capital, according to a report by Bloomberg.
Boaz Weinstein’s activist hedge fund Saba Capital Management is maintaining its campaign against one of the UK’s prominent sustainable investment vehicles, putting pressure on the leadership and strategy of Impax Asset Management’s Impax Environmental Markets, according to a report by
Saba Capital Management, led by Boaz Weinstein (pictured) has agreed a deal that will allow shareholders in Schroder UK Mid Cap Fund to exit their positions at net asset value through a large-scale tender offer, marking another ‘win’ in its
Moment, a fintech platform founded by former quantitative traders and researchers from Citadel Securities, has raised $78m in fresh funding as investor appetite for AI-driven financial infrastructure continues to build across Wall Street, according to a report by Bloomberg.
