A group of hedge funds with exposure to mortgage bonds and average gross leverage in excess of 2,000% has attracted the attention of the European Securities and Markets Authority over concerns of potential market risk, according to a report by
Singapore-based multi-strategy hedge fund firm Dymon Asia is creating a new share class, featuring a client-friendly fee-structure and including a so-called hurdle rate, as part of a $1bn fund-raising effort, according to a report by Bloomberg.
Millennium Management, the $60bn multi-strategy hedge fund major founded by Izzy Englander, has appointed Matthew Nguyen as the firm’s new Deputy Head of Commodities, according to a report by Bloomberg.
A vote on new regulations, which would introduce a requirement for hedge funds and proprietary trading firms to register as dealers, has been postponed by the Securities and Exchange Commission, according to a report by Bloomberg.
Two Sigma Investments recorded mixed returns across its family of hedge funds last year, with the firm’s macro Compass Enhanced fund falling 16% while its Absolute Return fund, which trades across several strategies, gained 12%, according to a report by
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.
