Britain’s water regulator, Ofwat, has come under fire over claims that it has allowed hedge funds and other creditors to assume control of Thames Water without a formal transfer of ownership, according to a report by the Financial Times.
DBi has launched Europe’s first exchange-traded fund designed to replicate the performance of managed futures hedge funds – at a fraction of the cost – marking a significant milestone for the region’s liquid alternatives market, according to a report by
Russell Clark, the prominent short seller who took a step back from the hedge fund world three years ago, is coming out of retirement to launch a new hedge fund, hoping to capitalise on the market turbulence caused by President
Russian President Vladimir Putin has authorised US hedge fund 683 Capital Partners to acquire Russian corporate securities from select foreign investors, marking a rare transaction amid ongoing geopolitical tensions, according to a report by Reuters.
Hedge fund short sellers have amassed a potential $16.2bn in profits as Tesla’s stock price has plummeted by 50% over the past three months, according to a report by the Financial Times citing data released by S3 Partners.
Global hedge funds are regaining their appetite for US equities, cautiously adding exposure after a significant selloff in Wall Street’s major indexes, according to a report by Reuters citing a client note from Goldman Sachs.
The UK’s Financial Conduct Authority is set to ban Crispin Odey from the financial services sector and fine the hedge fund founder £1.8m over a “lack of integrity” in his handling of misconduct allegations, according to a report by the
The rise of artificial intelligence in trading, led by Chinese hedge fund High-Flyer, has ignited a competitive AI arms race among mainland asset managers, potentially reshaping China’s $10tn fund management sector, according to a report by Reuters.
TT International , an alpha-driven specialist investment manager headquartered in London, has launched the TT Credit Opportunities Strategy on its Irish UCITS platform, following the recent merger from a Luxembourg UCITS.
Digital assets prime broker FalconX has executed the first-ever block trade of CME Group’s newly launched Solana (SOL) futures product with StoneX, a global financial services firm, marking a milestone in cryptocurrency derivatives trading.
