Millennium Management, one of the world’s largest multi-strategy hedge funds, is channelling approximately $1.8bn into two investment teams as part of a strategy to deploy capital both within and outside its organisation, according to a report by Bloomberg.
Northern Trust has partnered with global collateral management technology company CloudMargin to launch an enhanced active collateral solution designed to help institutional investors manage their collateral more efficiently.
Trading Technologies International (TT), a global capital markets technology platform provider, is soon to offer access to Cboe equity index options, providing clients with access to the rapidly growing equity options trading space.
Pershing Square Capital Management, the hedge fund founded by Bill Ackman, has built a significant $2.6bn stake in Toronto-based Brookfield, making it the second-largest position in the firm’s investment, according to a report by the Globe & Mail.
Ajay Kumar, who previously served as the head of APAC index trading at Goldman Sachs during a decade-long tenure at the investment bank, has secured a new role at the hedge fund ExodusPoint Capital Management in Singapore, according to a
Jason Siegel, the former head of Brookfield Asset Management’s multi-strategy hedge fund platform, has joined BW Gestão de Investimentos (BWGI), the investment office of Brazil’s billionaire Moreira Salles family, according to a report by Bloomberg.
Global hedge funds accelerated their exit from US electric and water utility stocks last week, marking the fastest pace of sales in two months, while heavily investing in US materials stocks, according to a report by Reuters citing a recent
Employee perceptions of diversity and inclusion efforts at hedge funds have dropped to their lowest level in four years, according to a report by Reuters citing Reboot Financial Services’ Race to Equality 2024 report released on Tuesday.
Marshall Wace, the UK-based hedge fund major founded by Paul Marshall and Ian Wace, has adopted Bloomberg’s machine learning-powered real-time pricing data service, IBVAL Front Office, to enhance its systematic credit strategies, according to a report by FTF News.
The US Treasury Department has launched an investigation into JPMorgan Chase over its dealings with a hedge fund allegedly tied to Iranian oil trader Hossein Shamkhani, raising questions about compliance with financial regulations, according to a report by Bloomberg.
