The UK Financial Conduct Authority (FCA) has defended its decision to fine and ban hedge fund manager Crispin Odey from the financial sector, telling a London tribunal that he had demonstrated a pattern of “threats, distortion of facts and falsification”
European natural gas traders are increasingly turning to options markets to protect against a potential surge in prices next winter, as ongoing conflict in the Middle East continues to disrupt global energy flows, according to a report by Bloomberg.
Sydney-based hedge fund Regal Partners Ltd is on track to attract more than AUD2bn ($1.4bn) in net inflows this year, driven by growing demand for strategies designed to protect portfolios against inflation amid ongoing geopolitical tensions, according to a report
Hedge fund Citadel is accelerating its expansion in Miami, according to billionaire founder and CEO Ken Griffin, as debate intensifies over New York City’s proposed tax measures targeting high-value second homes, according to a report by Reuters.
XA Investments (XAI) is set to bring a $91m closed-end tender offer fund from Evanston Capital Management into its fund platform, further expanding its lineup of alternative investment vehicles aimed at wealth management channels, according to a report by CityWire.
Quantitative hedge fund EverestQuant expanding its presence in Budapest amid expectations of a more stable investment environment under Hungary’s incoming leadership following the election defeat of former Prime Minister Viktor Orban.
Hedge funds are increasingly using artificial intelligence to accelerate research and data processing, particularly in time-sensitive strategies, while maintaining human oversight for trading decisions amid concerns over accuracy and data security, according to a report by the Financial Times.
Major hedge funds delivered a broad rebound in April as global equity markets recovered sharply, helping some of the industry’s largest managers recover earlier-year losses, according to recent performance estimates, according to a report by Business Insider
Sculptor Capital Management is reshaping its investment leadership framework as it prepares for a potential future without chief investment officer Jimmy Levin, introducing a new governance model designed to support succession and long-term stability.
Motive Partners has appointed former Citadel chief technology officer Umesh Subramanian as a partner, tasking him with leading the firm’s artificial intelligence initiatives as it deepens its focus on technology-driven investing, according to a report by Bloomberg.
