FlexTrade Systems, a global specialist in multi-asset execution and order management systems, has appointed industry veteran Michael Kovach as its new Head of Fixed Income Sales in the Americas.
Bloomberg has formed a strategic collaboration with Databricks, the data and AI company, allowing mutual customers to access Bloomberg’s extensive data offerings via Data License and cloud-based data management solution Data License Plus (DL+).
While Hong Kong has long been seen as Asia’s leading asset management hub, the city has to take further steps to become a more attractive location of choice for alternative assets, according to a new report from AIMA produced in
Hedge fund JAT Capital wants to see a change of Chief Executive Officer at internet retailer Overstock.com as it blames incumbent Jonathan E Johnson III for the company’s poor performance, according to a report by Reuters.
Excessive payouts to poach staff made by some multi-strategy majors are fuelling a talent war in the global hedge fund industry, according to Marshall Wace Co-founder Paul Marshall and PAG Co-founder Chris Gradel.
Sanjay Shah, founder of hedge fund Solo Capital Partners, has failed in a last-ditch attempt at the Supreme Court in London to halt a £1.44bn UK trial over Cum-Ex dividend trades, according to a report by Bloomberg.
Sculptor Capital Management, the hedge fund at the centre of a takeover between Rithm Capital and an investor group led by Saba Capital Management boss Boaz Weinstein, has acquired more loans from French hotels operator AccorInvest Group SA, according to
DTCC, a market infrastructure for the global financial services industry, has launched OTC Direct Connect, a service providing “seamless access” to OTC derivatives transactions data that are reportable in the US and Canada.
TS Imagine, a global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, has formed a strategic partnership with Kayenta, a hedge fund treasury management system provider.
Macro strategies led hedge fund industry gains in October with the HFRI Macro (Asset Weighted) Index advancing +0.7% to record its third consecutive month of positive performance, bringing the trailing three-month return to an impressive gain of +4.2%.
