Sam Hou, head of Cubist Systematic Strategies, the systematic arm of Point72, has left the hedge fund to join quant fund Qube Research & Technologies, according to a report by eFinancialCareers.
Portfolio Manager Britney Lam who joined Magellan Capital in May, has left the Dubai-based hedge fund firm just months before its anticipated $700m launch and is no longer based in Dubai, according to a Bloomberg report, citing unnamed sources.
Digital asset investment products recorded $3.2bn in inflows last week, with year-to-date inflows reaching $44.5bn, more than four times higher than any previous year, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Cloud-native financial technology firm Clear Street has expanded its recently launched equity research offering with the addition of healthcare franchise led by Director of Research Mara Goldstein, initially focusing on the biotechnology sector.
As debates swirl around the fiscal implications of the Trump administration’s proposed tax cuts and their potential to exacerbate the US budget deficit, Bridgewater Associates, the world’s largest hedge fund, sees little cause for alarm, according to a report by
Asian hedge funds, including Hong Kong-based Monolith Management, are increasing their bets on Chinese tech giants including Xiaomi and Baidu, drawn by AI advancements despite the looming threat of stricter US export controls on advanced chips, according to a Reuters
Citadel has hired a second London-based Portfolio Manager from rival Elliott Investment Management, signalling its potential shift towards adopting activist strategies, according to a report by the Financial Times.
The University of Connecticut’s (UConn) endowment is moving away from hedge funds in favour of a more cost-efficient strategy involving buffer ETFs to manage risk in its $634m portfolio, according to a recent report by BNN Bloomberg.
Natural gas trading specialist Ron Ozer has made a strong comeback after a tough start to the year, with his Miami-based hedge fund, Statar Capital, up 23% through mid-December, reversing losses of 13% in the second quarter, according to a
Activist Jana Partners has called for “significant” leadership changes at Lamb Weston Holdings, suggesting the company explore alternatives, including a potential sale, if its demands aren’t met, according to a report by Bloomberg.
