Former Goldman Sachs Group Managing Director Jamie Goodman has secured backing from Millennium Management for his upcoming Asia hedge fund firm, with Izzy Englander’s $61m multi-strategy firm committing $500m to the new fund, according to a report by Bloomberg.
More than a fifth of institutional hedge fund investors, including pension funds and insurance companies, have identified ‘crowding’ in hedge fund portfolios as a top investment concern, according to a report by Reuters.
Record losses last year incurred on the back of bullish bets on oil have prompted Pierre Andurand to reduce the risk in his Commodities Discretionary Enhanced hedge fund investment portfolio, according to a report by Bloomberg.
Point72 is set to ramp up the quota of quants based at its London office in St James’s Square, having steadily added Portfolio Managers and Analysts in recent months, according to a report by eFinancial Careers.
Spanish blood plasma company Grifols has launched a law suit against Gotham City Research over a report alleging the company has overstated its profit and misstated its accounting, according to a report by Bloomberg.
The European Energy Exchange is expanding its product offering on the EEX natural gas derivatives markets with new, financially settled EEX TTF Natural Gas Month Futures denominated in $/MMBtu, from 15 April 2024.
Balyasny has lost one of its Staff Software Engineers to Stripe with Bogdan Cozmaciuc choosing to swap the multi-strategy hedge fund in London for the payments giant in Bucharest, Romania, according to a report by eFinancial Careers.
Gains on activist investments helped cancel out losses on cryptocurrency wagers and generate an 18.2% annual return for Canadian hedge fund manager Anson Funds Management’s main strategy last year, according to a report by Bloomberg.
Digital asset investment products saw significant outflows from a global perspective last week, totalling some $500m, despite strong ETF inflows, according to the latest Digital Asset Funds Flow Weekly Report from CoinShares.
Hedge funds upped their acquisitions of Chinese stocks to the fastest pace seen in over five years during a three-day period last week, according to a report by Reuters which cites a client note from Goldman Sachs.
