Alleged accomplices of Sanjay Shah, the founder of Solo Capital Partners, LLP, accused in a NOK9bn ($1.3bn) Danish tax fraud probe have agreed to pay between €30,000 and €100,000 to end the cases against them, according to a report by
Saba Capital Management, the firm run by American hedge fund tycoon Boaz Weinstein has declared stakes in ten UK investment trusts, according to a report by The Times.
Dimitry Balyasny, founder of global multi-strategy hedge fund firm Balyasny Asset Manager, believes that with costs for traders soaring, managers need to both both buy and build talent as they look to expand their businesses, according to a report by
BlackRock, the world’s largest asset manager $9.42tn in AUM, is planning to liquidate its first hedge fund, the Obsidian fund after twenty seven years of operation, according to a report by CityWire.
Florida-based hedge fund manager Michael Wayne Williams has pleaded guilty in the Southern District of Ohio to using his company as part of a Ponzi scheme that defrauded investors of millions of dollars over a number of years.
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Short positions in the gold market are falling, as money managers are increasing their speculative gross long positions in Comex gold futures, leading to the second-biggest ever short covering rally on record, according to a report by Kitco, citing data
US regulators including the SEC and the Financial Stability Oversight Council are considering a range of measures aimed at curbing highly leveraged trading by hedge fund firms, due to concerns over the risks posed by the practice to the wider
Options Technology, a provider of cloud-enabled managed services to the global capital markets, has successfully deployed a NYSE Chicago Integrated Feed to ActivFeed aimed at delivering enhanced performance for traders.
Man Group, the world’s largest listed hedge fund firm has reported its first set of results since Robyn Grew assumed the role of CEO, with assets under management increasing to $161.2bn, just short of analyst expectations, according to a report
Bridgewater Associates, one of the world’s biggest hedge funds, has made two additions to its operating Board of directors, with the appointment of risk expert Helene Glotzer and AI expert Jason Warner, according to a report by Reuters.
