Devexperts has launched DXtrade Institutional, a fully customisable single-dealer multi-asset platform offering, designed for banks, hedge funds, asset managers, and market makers looking to upgrade their frontend legacy systems.
Izzy Englander, the 77-year-old Chief Executive Officer of Millennium Management, emerged as the highest-earning hedge fund founder in 2024, making some $4bn for the year, according to Bloomberg’s annual rankings of the world’s top hedge fund earners.
Global hedge funds are making calculated bets on Chinese stocks, seeking profits amid shifting US-China trade relations and positioning themselves for wins whether or not Beijing strikes a deal with Donald Trump, according to a report by Reuters.
Hedge funds saw positive momentum in early 2025 with the SS&C GlobeOp Hedge Fund Performance Index posting a 0.81% gross return for January 2025, while the SS&C GlobeOp Capital Movement Index — which tracks net hedge fund inflows and redemptions
Liquidnet, the institutional trading network and dark pool operator owned by TP ICAP Group, has expanded its Multi-Asset Services team with the addition of Patric Okumi and Samuel Lowres to lead Multi-Asset Sales.
Rob Citrone, founder of Discovery Capital Management, has vaulted into the ranks of the highest-paid hedge fund managers, earning an estimated $730m in 2024, fuelled by a 52% net return, and outpacing industry heavyweights including Bill Ackman and Paul Singer.
Digital assets investment products saw outflows of $415m last week snapping a 19-week post US election inflow streak that amassed $29.4bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Coatue Management, the hedge fund led by Philippe Laffont, made a bold $1.1bn bet on Reddit in the fourth quarter, with the firm’s latest SEC 13F filing revealing a 6.5 million share stake in the social media platform, according to
Hedge funds are leading a renewed euro rally as optimism over a potential Ukraine peace deal fuels fresh demand for the single currency, according to a report by Investing.com citing Bank of America strategists.
BP is at the centre of a growing battle between activist hedge fund Elliott Management and a group of institutional investors, as tensions rise over the oil major’s climate strategy and capital allocation, according to a report by the Financial
