Solomar, the investment arm of the family office of the Sonnenbergs, the Dutch family behind multi-national window blind manufacturing business Hunter Douglas, is upping its hedge fund investment allocations, according to a report by Bloomberg.
Boston-based systematic hedge fund firm Acadian Asset Management (Acadian) has appointed Kelly Young as its new Chief Executive Officer. Young will retain her seat on the Acadian Executive Committee.
Options Technology, a Capital Markets services provider, has promoted Jenni Sellick to the position of Vice President, Legal and Commercial Manager as part of the company’s long-term succession strategy.
Hedge funds enjoyed stellar performance in November, posting the strongest returns seen since January, with an overall average weighted return of 3.3%, according to new data from $1.8tn global alternative investment asset servicer Citco.
South Korea’s Financial Services Commission has issued fines totalling over KRW2bn ($1.54m) to three unnamed global hedge fund firms over a series of alleged unfair stock transactions, according to a report by Reuters.
ExodusPoint Capital Management, Millennium Management, and Citadel are among a group of around 10 hedge fund firms that dominate the so-called basis-trade, that looks to generate returns on the tiny price gaps between bond futures and their underlying US Treasuries,
Liquidnet, a technology-driven agency execution specialist, is to integrate bondIT’s Scorable Credit Analytics into its Fixed Income electronic trading platform to help traders anticipate market trends and mitigate credit risk.
GCW Global Customised Wealth, a provider of investment management solutions to sophisticated individual investors and institutions, has formed a strategic relationship with North Carolina-based hedge fund-of-funds Collwick Capital.
Wellesley Asset Management, an asset manager specialising in convertible bonds, has added David Clott, founder of the Morley (Aviva) Convertible Arbitrage hedge fund, to its Portfolio Management team.
The UK’s Financial Conduct Authority has concluded its investigation into Odey Asset Management, and will not take any action against the London-based hedge fund firm, which closed this year following allegations of sexual misconduct against founder Crispin Odey, according to
