CoinShares International, a European alternative asset manager specialising in digital assets, has launched a new hedge fund division, CoinShares Hedge Fund Solutions, and for the first time will be making its offerings available to qualified US investors via a range
Global financial services platform Marex has agreed to acquire Cowen’s legacy prime brokerage and outsourced trading business, with the transaction expected to complete by the end of the year, subject to regulatory approval.
Hedge funds saw a small decline in performance in August, with an overall weighted average return of -0.8%, marking the first negative month of 2023, according to new data from Citco, although almost half of funds (49.7%) administered by the
Bill Ackman, the CEO of hedge fund Pershing Square Capital, has predicted further increases for 30-year US interest rates, while his fund remains short on bonds due to the prospect of inflation remaining at an elevated level, according to a
Bond market participants are predicting that hedge funds are likely to become increasingly important buyers of US Treasuries, providing liquidity in the world’s largest bond market at a time of rising investor concerns over supply-demand dynamics, according to a report
James Jampel, the founder of hedge fund HITE Hedge Asset Management, has admitted that recent strong increases in the price of oil means his strategy of shorting fossil fuel stocks is no longer viable, according to a report by Bloomberg.
While the traditional ‘2 and 20’ hedge fund fee structure has come under pressure in recent years, with managers varying their terms to attract and retain investors, Pershing Square Capital Management is benefitting from a ‘2 and 10’ approach to
A new multi-strategy hedge fund firm led by Millennium Management alumnus and the former head of Morgan Stanley’s prime brokerage operation in Asia, Kurt Baker, is looking to raise neatly $3bn as it seeks to establish itself as a regional
Managed Funds Association has urged the Federal Trade Commission to withdraw its proposed amendments to the Hart-Scott-Rodino (HSR) premerger notification rules in a comment letter submitted this week.
The activities of some hedge funds and brokerages engaged in quantitative trading have attracted the attention of Chinese financial markets regulator The China Securities Regulatory Commission, according to a report by Reuters.
