Hedge funds including the UK’s Man Group are increasingly investing in South Korea’s chipmakers, betting that a surge in AI-driven demand for high-end memory chips and substantial government support will boost their value, according to a report by Reuters.
Financial services software provider Iress has extended its partnership with Dow Jones Newswires, giving its clients access to real-time market news across asset classes and geographies. This is integrated directly into their workflows via its market data and trading software.
Transaction Network Services, a provider of financial markets connectivity, market data and analytic services, will now support the Long-Term Stock Exchange’s new range of MEMOIR market data feeds.
Bill Hwang, founder of the now-defunct hedge fund Archegos Capital Management, has been found guilty of securities fraud and market manipulation which resulted in billions of dollars in losses for global investment banks, according to a report by the Associated
Cryptocurrency exchange-traded funds (ETF) will form 5% of hedge fund and pension fund portfolios by 2025, according to blockchain expert Fiorenzo Manganiello, the Co-Founder and managing partner of direct investment firm LIAN Group.
Shiprock Capital Management Limited, a London-based alternative investment management firm focused on Global Distressed and Special Situations, has appointed Fiona Stockings as Investor Relations and Business Manager.
Lombard Odier Investment Managers has launched a new DataEdge fund, a market-neutral alternatives strategy that combines big data analysis and systematic investment expertise to identify trends in consumer behaviour and their impact on company earnings forecasts.
International energy services company Petrofac was the UK’s most shorted stock as of 8 July, according to new analysis from global exchange traded product issuer GraniteShares, with some 9.86% of the company’s stocks held short by six investment firms.
Pershing Square, the US hedge fund firm led by Bill Ackman, has launched a roadshow for the initial public offering of its common shares of beneficial interest of a new investment holding company with an expected IPO price of $50.00
US-based hedge fund Elliott Associates has asked a London court to overturn a previous verdict that upheld the London Metal Exchange’s March 2022 decision to cancel $12bn worth of nickel trades, according to a report by Reuters.
