Digital asset investment products saw outflows for the second consecutive week totalling $206m, with trading volumes in ETPs dipping slightly at $18bn, according to the latest Digital Assets Fund Flows Weekly from CoinShares.
Aspect Capital, a London-based quant hedge fund with $7.5bn in AUM, has racked up a 21% return so far in 2024 in its flagship fund on the back of winning bets on currency markets and commodities, according to a report
High Ground Investment Management, a London-based hedge fund run by Edgar Allen, has appointed former Adelphi Capital Partner Henry Guest to run its second hedge fund, which is due to launch in Q4 2024, according to a report by Bloomberg.
Mountaineer Partners Management, an opportunistic hedge fund focused on value and event-driven investments, has written an open letter to Vishay Intertechnology’s board of directors, urging the implementation of a $600m share buy-back programme.
Global hedge fund industry assets increased for the sixth successive quarter in Q1 2024, hitting a record $4.3tn on the back of strong performance and investor inflows, according to the latest figures from industry data provider HFR.
Brazilian multi-strategy hedge fund major SPX Capital has appointed Predee Anuvatnujotikul, a former trader at Goldman Sachs Group, as a Portfolio Manager based in the firm’s Singapore office, according to a report by Bloomberg.
George Klavdianos, a Portfolio Manager who left Balyasny’s London office in December following reports of a $100m loss in a trading book he was leading, has joined Millennium Management as a Senior Portfolio Manager, according to a report by eFinancial
The first sharp dip in US and European stocks this year prompted global hedge funds to up their borrowing to the highest level seen in five years in the week ending 19 April, according to a report by Reuters.
Alberto Gallo, CIO of $200m hedge fund Andromeda Capital Management, is betting that the ECB will cut interest rates just once or twice this year by selling European government bonds, according to a report by Bloomberg.
Hedge funds and other asset managers have upped their short wagers on the yen to record levels, with bets on the currency reaching 173,000 contracts as of 16 April, the highest level seen since 2006, according to a report by
