COMPLY, a provider of compliance software, consulting and education resources for the financial services sector including hedge funds and private equity firms, has appointed Michael J Stanton as its Chief Executive Officer.
A series of failed credit bets at Arini, the London-based hedge fund firm founded by former Credit Suisse trader Hamza Lemssouguer, has left the flagship Arini Credit Master Fund nursing a 6.6% loss in March, its second biggest monthly loss,
Soaring cocoa prices and a slump in the Japanese yen are among several financial market trends that have helped computer-driven quant hedge funds to rack up strong returns in the first quarter of the year, according to a report by
Institutional digital asset prime broker FalconX has launched Prime Connect, an exchange settlement solution which enables institutional investors to trade on exchanges while their funds remain in bankruptcy-remote, regulated custody.
US hedge fund Elliott Investment Management believes market participants are too pessimistic about the size of Thames Water’s debt pile and has built a position in the troubled utility company’s bonds, according to a report by the Financial Times.
Jain Global, the hedge fund founded by former Millennium Co–Chief Investment officer Bobby Jain, has expanded its teams in Singapore, London and New York, ahead of its planned July launch, according to a report by eFinancial Careers.
Taula Capital Management, the new hedge fund founded by former Millennium Management Portfolio Manager Diego Megia, which is set to begin trading later this quarter, is setting up an office in Milan, according to a report by Bloomberg.
The Financial Regulatory Authority of Egypt has proposed amendments to the executive regulations of the country’s Capital Market Law that would allow for the launch of hedge funds in the country, according to a statement by the authority.
Appaloosa Management, the distressed debt-focused hedge fund firm founded by David Tepper and Jack Walton, has become the latest company to file a lawsuit over the wipeout of $17bn of high-risk bonds in UBS Group’s deal last year to save
Stockholm-based hedge fund firm Tidan Capital has appointed Magnus Linder as Portfolio Manager of Nova, a market neutral volatility and options arbitrage strategy scheduled to launch during Q2 2024.
