Activist hedge fund firm Starboard Value has acquired a stake in Kenvue, the consumer products company known for a range of brands including Band-Aid, Listerine, and Tylenol, according to a report by the Wall Street Journal.
Digital asset inflows hit $2.2bn last week, the largest weekly total seen since July, driven by optimism over a potential Republican US election win, according to a the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Global multi-stratgey hedge fund firm Brevan Howard is carrying out a substantial portion of its cryptocurrency trading from the United Arab Emirates (UAE) thanks to the country’s balanced regulatory framework, according to a report by Reuters.
4OTC, a provider of low latency connectivity services for digital assets and FX, has partnered with B2C2, a global leader in institutional liquidity for digital assets to provide ultra-low latency connectivity via its 1API service to multiple exchanges globally.
Abra, a global platform for digital asset prime services and wealth management, has appointed David Streltsoff as Global Head of Institutional Sales. He will report directly to Bill Barhydt, the company’s Founder and CEO.
Global hedge funds are showing a notable preference for stocks likely to benefit from a potential win by Republican US presidential candidate Donald Trump, according to a report by Reuters citing recent analysis by JPMorgan.
Hedge funds are taking significant short positions against clean energy and green technology, a trend that could be more detrimental to the green transition than political opposition to “woke” capitalism, according to a report by Bloomberg.
New York-based cloud based treasury and liquidity management solution for hedge funds and private equity firms, Hazeltree, has partnered with Necto API, a global fintech company that aggregates bank APIs.
Post-trade market infrastructure provider the Depository Trust & Clearing Corporation (DTCC), has launched an enhanced fixed income security master file data offering, providing more data at a higher frequency.
Multi-manager hedge fund firm Cinctive Capital Management has seen the departure of several key figures, including its Deputy Chief Investment Officer Michale Haddad and Head of Macro Giles Coppel, according to a report by Bloomberg.
