Bank of New York Mellon is preparing for round-the-clock settlement in US Treasuries as the growth of stablecoins and other tokenised assets begins to put pressure on traditional financial market infrastructure, according to a report by Bloomberg.
The US Treasury has warned hedge funds and other investment managers that it will scrutinise increasingly popular strategies designed to generate tax benefits for wealthy investors, saying it will not ignore aggressive tax planning, according to a report by
A group of New York-based investment professionals has launched a new stock research and asset management business in Zug, Switzerland, alongside an AI-driven global equity long-short hedge fund, according to a report by Finews.
Bill Ackman’s (featured) investment vehicle Pershing Square Holdings has appointed Ranjani Kearsley, an investment executive at B-FLEXION and a board member of Twelve Securis, as an independent non-executive director, according to a report by ArtemisBM.
US hedge fund North Rock Capital Management has hired Pierre Doulcet as a systematic equity portfolio manager in London, in what appears to be the first step in an expansion of its quantitative equities platform in Europe, according to a
Hong Kong is expected to move quickly to approve new tax incentives for alternative investment managers with the proposed legislation expected to pass through the Legislative Council ‘soon’, according to a report by the South China Morning Posts citing comment
Cinctive Capital Management is expanding its multi-manager hedge fund platform with a new office in West Palm Beach and the appointment of two veteran portfolio managers who will focus on investments in the healthcare and technology sectors.
Currency carry trades are enjoying their strongest run in decades as subdued volatility and resilient global growth encourage investors to borrow in low-yielding currencies and seek higher returns in emerging markets, according to a report by Bloomberg.
China’s quantitative hedge funds endured significant losses last week as a global retreat from artificial intelligence and semiconductor stocks triggered a sharp reversal in crowded trades, exposing the risks associated with momentum-driven systematic strategies, according to a report by CryptoBriefing.
Hedge funds may be approaching the end of a sharp de-risking cycle in momentum and semiconductor stocks, potentially creating an opportunity to rebuild positions in artificial intelligence-related equities, according to a report by Bloomberg citing a note from UBS.
