Millennium Management has made two senior additions to its fast-expanding credit franchise – Jonathan Grau, previously a partner at Laurion Capital, and Christopher Reich, a credit index trader from Brevan Howard, according to a report by Bloomberg.
Major hedge funds presented a globally diversified slate of investment ideas at this year’s Sohn Hong Kong Investment Conference, with picks ranging from China’s autonomous driving sector and India’s healthcare market to South Korea’s nuclear infrastructure buildout, according to a
Hedge funds have significantly increased bearish bets on crude oil, positioning for a potential downside as OPEC+ mulls a fresh wave of supply increases and geopolitical developments weigh on sentiment, according to a report by Bloomberg citing data from ICE
Palliser Capital, the UK-based activist fund led by former Elliott Management execs, has quietly amassed a ~3% stake in Japanese tyre manufacturer Toyo Tire, increasing pressure on the company to unlock value through capital returns and a possible sale, according
Jonathan Finney, Managing Director and Head of Asia-Pacific Business Development at Citadel Securities – Citadel founder Ken Griffin’s market-making business – has exited the firm, according to a report by Bloomberg citing sources familiar with the matter.
Just a month after agreeing to be acquired by Ripple in a $1,25bn deal, digital assets prime broker Hidden Road has rolled out a suite of digital asset OTC swaps prime brokerage services for US-based institutional clients.
The Numeus Group has appointed Bill Daley, former Vice Chairman of both JPMorgan and Wells Fargo, and previously served as Chief of Staff under President Obama and Secretary of Commerce under President Clinton, as a Partner in its digital asset
China-based hedge fund Evolution Asset Management’s flagship fund Multi-Strategy No1 is up almost 20% YTD, and has now returned a staggering 1,485% since inception in 2015, according to a report by Bloomberg citing data from Shenzhen PaiPaiWang Investment & Management
Activist hedge fund Impactive Capital is preparing to escalate its campaign at fintech firm WEX Inc, signalling plans to nominate at least four directors to the company’s board at the 2026 annual meeting, according to a statement released by the
Former Man Group chief executive Peter Clarke is set to take the helm at Hiscox, the FTSE 250-listed insurer, as it looks to streamline operations and drive long-term cost efficiencies, according to a report by Reuters.
