Joeri Jacobs is leading a group of Moore Capital traders who are spinning out from Louis Bacon’s global macro hedge fund firm to launch their own fund, JJJ Capital, with the backing of their former employer, according to a report
Citadel’s multi-strategy flagship Wellington fund scored a 1.7% gain in September as tight monetary policy and rising fears of a US recession rattled the broader market, taking YTD returns to 12.6%, according to a report by CNBC.
Hazeltree, a provider of treasury and liquidity management solutions for the asset management industry, including hedge funds, asset managers, and fund administrators, has appointed industry veteran Stephanie D Miller as the company’s President, Chief Executive Officer, and Board Director.
KCL Capital, the stock focused hedge fund firm founded by Point72 alumni Chris LaSusa and Kevin Cottrell has closed after nearly six years, with Cottrell moving to multi-strategy investment firm Balyasny Asset Management, according to a report by Bloomberg.
Ray Dalio has said he is focused on running his own investments via his family office and is not plotting a return to Bridgewater Associates, the hedge fund firm he founded back in 1975, according to a report by Business
Edinburgh-based fund Abrdn manager remains the fourth-most-shorted stock in the UK following disappointing results in August and has attracted the attention of two new short sellers, AHL Partners and Samlyn Capital, according to a report by CityWire.
The sell-side is increasing margin finance rates for hedge funds at a faster pace than rate rises, putting pressure on strategies and performance, the latest Acuiti Hedge Fund Management Insight report has found.
New hedge fund launches surged through mid-2023 as managers shifted the strategic growth focus to aggressive expansion of inflation trading teams in multi-strategy funds designed for and positioned to trade volatility driven by rising rates and generational inflation.
Hong-Kong-based alternative investment firm Olritz Financial Group, led by founder and investment fund manager Sean Chin, has joined the growing list of hedge fund firms establishing operations in the Middle East by opening a new office in the United Arab
Digital asset investment products saw positive flows last week for the first time in six weeks, pulling in a combined $21m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
