Hedge fund ExodusPoint Capital Management is broadening its controversial bonus clawback policy to include senior non-investment staff, signalling a shift in how firms compete for and retain talent amid a heated labour market in the hedge fund industry, according to
Optimism around the US dollar is spreading beyond hedge funds to broader asset management firms, fuelled by a resilient US economy and heightened geopolitical tensions, according to a report by Bloomberg citing new data from the Commodity Futures Trading Commission
Dan Avery, a former managing director at Goldman Sachs known for his expertise in delta one trading, has joined Balyasny Asset Management (BAM) as a Portfolio Manager and is already building a specialised team at the firms London office, according
Gregoire Tournant, the former Chief Investment Officer at Allianz SE’s US-based Structured Alpha hedge funds, has been sentenced to 18 months of home confinement for his role in a fraud that contributed to $3.2bn in investor losses, according to a
Hedge funds surged in November, driven by the US Presidential election results, as managers and investors positioned for an active M&A cycle and more business-friendly policies from the incoming administration, according to HFR.
TT International (TT), an alpha-driven specialist investment manager, has launched two new Emerging Market Debt (EM Debt) strategies, which will be managed by a team led by Jean-Charles (JC) Sambor, using the same contrarian approach the team has successfully employed
Post-trade network Synergy has launched a new Swaps Lifecycle Management service allowing hedge funds, asset managers, prime brokers, and other market participants to enhance post-trade efficiency across the network.
Australian hedge fund Regal Partners has officially ended its takeover discussions with Platinum Asset Management after nearly two months of due diligence failed to result in an improved offer, according to a report by Bloomberg.
Polen Capital, a US-based investment management firm, announced on Monday that it has secured preliminary approval for a license to operate in Abu Dhabi Global Market (ADGM), the emirate’s financial centre, according to a report by Reuters.
Five9, a US-based call centre software provider, is reportedly close to a settlement with Anson Funds Management after sustained pressure from the hedge fund and other activist investors seeking changes to enhance its share price, according to a report by
