Brevan Howard has become the latest hedge fund to turn to the banking sector in its search for senior tech staff with the appointment of Mike Sanders from JPMorgan as its new Global Chief Technology Officer in London, according to
Steve Cohen, the founder of US hedge fund major Point72 Asset Management, is stepping away from trading to focus on overseeing the firm he established a decade ago, including remaining actively involved in investment decisions as Co-Chief Investment Officer, according
Hedge funds have returned to buying financial sector stocks at the fastest pace since June 2023, with a particular focus on banks, insurance, and trading firms, according to a report by Reuters citing a note from the prime brokerage division
As China’s efforts to prop up the yuan begin to fade, data due out this week is expected to confirm that a once-popular strategy among foreign investors has lost momentum in August, according to a report by Bloomberg.
The South Korean government has appealed a British court’s decision to dismiss its lawsuit aimed at overturning an international tribunal’s order to pay approximately $100m in damages to US hedge fund Elliott Investment Management, according to a report by the
Connecticut-based Bridgewater Associates, one of the world’s largest hedge fund managers, is expanding its office footprint with the opening of a new operation in New York. The firm is to lease space in Manhattan to complement its current HQ in
Tidan Capital, the Stockholm-based boutique hedge fund firm founded in 2020 by Brummer & Partners alumni Michael Falken, William Wilson, and Aram Hussein, has appointed Serge Houles as the company’s new Chief Executive Officer.
Philip King’s Regal Partners Ltd has made a bid to acquire rival Platinum Asset Management Ltd. as part of its aggressive expansion, which has seen its assets more than triple in the last two years, according to a report by
Concerns over the impact on oil furures prices from a potential oversupply have seen hedge funds turn net bearish on Brent crude for the first time ever, according to a report by Bloomberg citing data from ICE Futures Europe and
Hedge funds are ramping up wagers on the yen’s continued strength, with the Japanese currency surging by another 1% on Friday, as traders bought options against the Australian dollar, Swiss franc, and offshore Chinese yuan, according to a report by
