Having spent much of the previous month adjusting to the US Federal Reserve’s apparent change to a ‘higher for longer’, approach to interest rates, and the subsequent spike in market volatility, hedge fund managers were faced with another switch in
Man Group, the world’s biggest publicly listed hedge fund, is sticking by the contrarian bearish stance it adopted during an emerging-market rally earlier this year, when it predicted a yet-to-materialise “violent” sell-off, according to a report by Bloomberg.
Pictet Alternative Advisors (PAA), the alternative investment arm of Swiss private bank and financial service company Pictet Group, has appointed Trudi Usher Boardman to the role of Head of Hedge Funds, effective 1 November 2023.
Citadel Securities, the market making and trading firm founded and majority owned by Citadel hedge fund boss Ken Griffin, has appointed Ioana Scripcaru, a former trader at investment bank BNP Paribas, to its London-based team, according to a report by
The European Energy Exchange has extended the tradable maturities for natural gas derivatives, to be available from 11 December 2023, with the new expiries complementing the maturities product line introduced earlier in the year on selected markets.
Alter Domus, a provider of tech-enabled fund administration, private debt, and corporate services for the alternative investment industry, has appointed Michael Janiszewski as its new Chief Operating Officer.
South Korea’s regulators have again slapped a full ban on hedge funds and other short sellers from selling borrowed stocks, just months before the country goes to the polls in a general election, according to a report by Bloomberg.
BNY Mellon is seeking seed capital from investors for its $111bn London-based investment boutique Newton Investment Management which is looking to gain a foothold in the multi-manager hedge fund sector dominated by the likes of US giants Citadel and Millennium,
Stockholders of hedge fund Sculptor Capital Management Inc have been advised by proxy advisory firm Institutional Shareholder Services (ISS) to approve the acquisition of the business by real estate investment firm Rithm Capital Corp, according to a report by Bloomberg.
Hedge funds and private equity firms have fired the first salvo in their legal battle with the US Securities and Exchange Commission over what they see as a power grab by the commission over the adoption of new rules they
