GCEX (GCEX Group), a provider of digital asset and foreign exchange solutions, has partnered with market operator RULEMATCH to provide institutional clients with access to one of the world’s fastest trading venues for cryptocurrencies.
Hedge fund Walleye Capital has dismissed five portfolio managers, including Global Macro Head Anuraj Dua, as part of a new wave of job cuts, according to a report by Bloomberg citing unnamed sources familiar with the matter.
The Singapore dollar is gaining traction as a favoured currency trade for hedge funds and other option investors eyeing the upcoming US presidential election, according to a report by Bloomberg citing data from the Depository Trust & Clearing Corporation.
Jain Global, the multi-strategy hedge fund firm launched earlier this year by former Millennium Management Co-Chief Investment Officer Bobby Jain, has hired Vik Shah, a bank-credit trader from JPMorgan Chase, as a portfolio manager, according to a report by Bloomberg.
Haruko, a provider of digital asset technology solutions for institutions, has integrated with Zodia Custody to provide institutional digital asset investors with increased transparency and efficiency in managing their digital asset activities.
Terrence Matthews, previously the head of European credit at hedge fund Centiva Capital, is setting up his own venture, Athlone Investment Management, in the latest in a series of spin-offs from a multi-strategy “pod shops” that operate with teams of
Cost control and efficiency will be the key drivers behind an increase in demand from hedge funds for third party risk management services according to a new survey of 100 executives with a combined $901bn of assets under management, by
Jefferies Financial Group’s hedge fund, 352 Capital, is pursuing the recovery of millions of dollars in compensation from former portfolio manager Jordan Chirico, alleging his involvement in a $100m fraudulent scheme, according to a report by Bloomberg.
Hedge funds recorded their eighth successive quarter of positive returns in Q3 2024, with funds achieving an overall weighted average return of 3.22%, a 1.09% increase on Q2, according to a new report from Citco.
Polen Capital has recruited four high-yield specialists from Abrdn for its London office, marking a key expansion in its European operations, according to a report by Bloomberg citing unnamed sources familiar with the matter.
