RockawayX, the Prague-based digital-asset investment firm overseeing about $2bn, is targeting $150m for a new liquid strategies hedge fund as it expands beyond venture investing into cryptocurrencies and crypto-related equities, according to a report by Forbes.
Amsterdam-based electronic trading firm Optiver has hired Alexis Le Montagner as a global strategy manager in London, bringing in an executive with experience expanding financial businesses across international markets, according to a report by eFinancial Careers.
Alex Gerko, the billionaire founder of quantitative trading firm XTX Markets, is taking steps to wind up the investment partnership at the centre of a long-running UK tax dispute, according to a report by Bloomberg.
Citadel has hired a former Citi psychotherapist as the multi-strategy hedge fund major continues to build out an in-house healthcare operation for its employees, according to a report by eFinancial Careers.
The US Treasury plans to keep its regular schedule of debt auctions, including sales of longer-dated bonds, even as it expands its programme of Treasury buybacks, according to a report by Reuters citing comment made by Secretary Scott Bessent on
The US Securities and Exchange Commission has issued subpoenas to several Wall Street banks that worked with AI-focused hedge fund Situational Awareness, seeking information about its trading activity and use of leverage before its near-collapse last month, according to a
Hedge funds reduced their exposure to global equities at the fastest rate in two months last week, with investors selling existing long positions more aggressively than they established new short bets, according to a report by Investing.com citing data from
Billionaire investor Stanley Druckenmiller has criticised US Treasury Secretary Scott Bessent’s decision to expand purchases of long-dated government bonds, arguing that policymakers should allow the bond market to determine yields rather than attempting to influence prices, according to a report
Japanese only high-frequency trading firm Dharmacapital has moved its entire workforce from Tokyo to Singapore, highlighting the growing challenge facing the country as it competes with other Asian financial centres for trading talent and market-making businesses, according to a report.
China’s quantitative hedge funds are staging a sharp recovery after suffering heavy losses during July’s market selloff, with popular index-enhancement strategies once again outperforming their benchmarks, according to a report by Bloomberg.
