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.
The complexity of trade surveillance is continuing to grow, as firms struggle with record volatility, high volumes and fragmented markets, according to a new research report from Acuiti, a management intelligence platform for serving hedge fund, proprietary traders and asset
Siepe, a provider of technology-enabled services and compliance and reporting for the credit and hedge fund industries, from emerging managers through to more complex, mature hedge funds, has appointed Mark Schultis as an Advisor.
Doug Haynes, a former President at Steve Cohen’s Point72 Asset Management until he resigned in 2018 having been named a defendant in a sexual discrimination lawsuit which was settled in 2020, is looking to raise $1bn for his new fund
Confidence among hedge funds managers globally is on the increase with the Alternative Investment Management Association’s Hedge Fund Confidence Index rising by seven points to 21.6 in the third quarter of year from 14.6 in Q2.
Octagon Credit Investors, a credit-focused investment manager overseeing $35bn in total assets, has appointed Gretchen Lam, Senior Portfolio Manager, as the successor to Chief Executive Officer Andrew Gordon, effective January 1, 2024.
