Six portfolio managers have left billionaire Izzy Englander’s multistrategy hedge fund Millennium Management, according to a report by Bloomberg. The report cites an unnamed person as the source familiar with the matter.
An alleged fraud in China that saw financial firms including a major hedge fund at its epicentre has cautioned the industry, with investment managers, regulators and brokerages racing to improve risk monitoring, according to a report by Bloomberg.
Trading Technologies International, Inc (TT), a global capital markets technology platform provider, has launched two new lines of business, TT Compliance and TT Quantitative Trading Solutions (QTS), to further support the company’s growth into new asset classes.
The National Association of Private Fund Managers, along with the Alternative Investment Management Association and Managed Funds Association have filed a lawsuit asking the US Court of Appeals for the Fifth Circuit to invalidate two rules recently adopted by the
Aspect Capital, a London based hedge fund, will soon apply to qualify to set up shop in mainland China to establish onshore fundraising and offer its products, according to a report by The Business Times. The report cites two people
TOP STORY: Citadel, the hedge fund run by billionaire Ken Griffin, is planning to give back about $7 billion in profits to investors after a year of double-digit returns, according to a report by Reuters. The report cites sources familiar
Point72, the hedge fund led by billionaire Steve Cohen is expanding its macro trading team, according to a report by Bloomberg. According to the report, Cohen’s hedge fund is seeking to diversify its business, valued at $31bn
Hedge funds sold financial stocks for a 10th week running and have the lowest exposure to the sector since March 2020, when the COVID-19 crisis roiled markets, according to a report by Reuters. The report cites a Goldman Sachs G.S.N
Vista, a Rio de Janerio based hedge fund has built a modest position in ADRs of Argentine banking stocks in the run-up to Javier Milei’s victory over Sergio Massa last month. It has left its holdings unchanged since then, according
Hedge funds have remained bearish on oil prices, with traders concluding that Saudi Arabia and its OPEC+ partners can’t or won’t do more to reduce output in the short term, according to a report by Reuters. The report noted that
