DE Shaw & Co has agreed to pay $10m to settle Securities and Exchange Commission charges that it made employees sign agreements prohibiting the disclosure of confidential corporate information to third parties, without including an exception for potential SEC whistleblowers.
Su Zhu, co-founder of collapsed crypto hedge fund Three Arrows Capital has been arrested and put behind bars in Singapore for four months for failing to cooperate with investigators probing the collapse of the fund, which at its peak manages
Quant hedge fund major AQR Capital Management upped its average pay to its 32 UK-based AQR Capital Management (Europe) staff by 2% in 2022 to £272k ($331k) per head, up from £266k ($324k) per head paid in 2021 to 35
Citadel is preparing to take a much harder line over the SEC’s widening Wall Street WhatsApp probe than the almost two dozen banks that have already agreed to hefty settlements during the past two years over staff use of the
The DMA-Swap strategy, an increasingly popular leverage and derivative strategy that helps Chinese hedge fund managers to skirt regulatory borrowing limits by having trades sit on brokers’ books, is allowing some funds to generate big returns in the country’s ailing
Kevin Zadourian, a seasoned private funds lawyer and former General Counsel and Chief Compliance Officer at Glazer Capital, has joined US law firm Lowenstein Sandler, as counsel in the firm’s New York office.
QuantBot Technologies, a global multi-billion-dollar quantitative manager, has selected 3forge’s full stack development platform for its front-end technology across all departments.
Emerging Markets hedge funds extended gains through mid-2023 with India and Latin America funds leading the way against a backdrop of persistently high inflation and the possibility of a US recession, according to the latest performance data from HFR.
Former Morgan Stanley currency trader Thiago Melzer, is set to close his Brazilian hedge fund, Upon Global Capital, having been hit by a double whammy of wrong-way wagers and rising double-digit interest rates in Brazil, according to a report by
A 300% surge in graduate applications this year has prompted Rokos Capital Management, a $15.5bn London-based hedge fund firm, to draw up plans to ramp up its graduate intake programme next year, according to a report by Financial News.
