Rokos Capital Management is considering launching an alpha capture programme that would pay external investment managers for stock trading ideas, as the hedge fund industry increasingly turns to outside sources of market intelligence to enhance investment performance, according to a
Senior executives at Maverick Capital, one of the well-known ‘Tiger Cub’ hedge funds, say the dominant AI-driven equity rally may be shifting into a more complex and potentially volatile stage, even as they remain constructive on the sector’s long-term prospects,
Investment firms Elliott Investment Management and SVP Global have acquired debt positions in Brazilian petrochemical producer Braskem as the company works to secure creditor backing for a broad financial restructuring, according to a report by Bloomberg.
Speciality chemicals manufacturer Ashland is facing renewed calls to put itself up for sale after activist investor Cruiser Capital Advisors urged the company’s board to begin a formal strategic review, according to a report by Bloomberg.
CME Group has launched legal action against the US Commodity Futures Trading Commission (CFTC), arguing that the regulator acted unlawfully when it approved cryptocurrency perpetual futures contracts for prediction market operator Kalshi, according to a report by the Financial Times.
Fasanara Capital has opened its first US office in New York, marking a significant step in the firm’s international expansion strategy as it seeks to deepen relationships with North American institutional investors.
ExodusPoint has hired Daniel Dangoor as a senior portfolio manager in its Dubai office, bringing in a macro trading specialist from Goldman Sachs, where he had spent just one year as head of macro thematic trading in London, according to
Brevan Howard Asset Management is preparing to allocate capital to external equities-focused hedge fund managers, marking an expansion of its strategy of backing outside talent beyond its traditional macro trading base, according to a report by Bloomberg.
Global hedge funds continued to increase exposure to technology and semiconductor stocks in May, maintaining their preference for growth-oriented sectors despite persistent concerns over inflation, geopolitical tensions and fiscal sustainability, according to Hazeltree’s latest Crowding Report.
Citadel has appointed former Morgan Stanley distinguished engineer Alex Armstrong as head of optimisation and execution within its treasury engineering team, adding another senior banking technologist to the hedge fund’s technology ranks, according to a report by eFinancial Careers.
