Systematic long-short hedge funds which employ computer algorithms to trade equities registered a strong performance advantage over fundamental long-short funds run by humans in October, according to a report by Reuters.
Man Group, the world’s largest publicly-traded hedge fund business with over $162bn in assets, has acquired a majority 51% stake in Geneva-based impact asset management firm Asteria Investment Managers.
The Managed Funds Association has written a supplemental comment letter reiterating its view that the US Securities and Exchange Commission should withdraw its proposed safeguarding rule.
Equilend’s Orbisa, a data platform built specifically to help hedge fund managers gain transparency across their portfolio, provide trading insights and validate market sentiment across the industry is now delivering real-time securities lending data.
TS Imagine, a cross-asset provider of real-time trading, portfolio, and risk management solutions for financial institutions, has launched a new module within TradeSmart OEMS and TS One that streamlines Best Execution compliance and reporting.
Two Sigma has told clients that the unauthorised actions of one of its researchers who manipulated the firm’s models in an attempt to boost his compensation, led to gains and losses totalling $620m, according to a report by the Wall
Global law firm K&L Gates has appointed Hazel Doyle as a partner in its Asset Management and Investment Funds practice in Dublin, which advises on a range of investment funds including hedge and private equity funds.
Global law firm Reed Smith has appointed Han Ming Ho as partner in its Global Corporate Group in Singapore. Han Ming’s practice is focused on the structuring and formation of a broad range of investment vehicles including hedge and private
Davidson Kempner is one of a number of hedge funds and private equity firms that have taken short positions against corrugated and paper packaging specialist Smurfit Kappa, following the announcement of a proposed deal to acquire US paper company WestRock,
Canadian hedge fund firm Traynor Ridge Capital Inc has been issued with a cease trader order by the Ontario Securities Commission following the death of its founder, and three failed trading orders last week, according to a report by Reuters.
