Oceanwood Capital Management, the hedge firm co-managed by Julian Garcia and Christopher Gate, is closing down, with Deputy CIO Garcia now planning launch his own hedge fund firm next year, according to a report by Bloomberg.
Cristian Cibrario, a portfolio manager at Man GLG, Man Group’s discretionary investment business, has left the firm to launch a new hedge fund, according to a report by With Intelligence.
Hedge funds delivered another month of impressive performance in July, with an overall weighted average return of 1.5% – one of their best months so far this year, albeit a slight decline from the 1.8% monthly high seen in June,
Multi-strategy hedge fund Balyasny Asset Management saw four portfolio managers depart its stock-picking business in early August, with two known to be heading to rival multi-manager firms, according to a report by Business Insider.
Investors are turning their backs on Ucits-managed hedge fund strategies with cash outflows in the first six months of the year totalling €19.4bn, way in excess of the total outflows seen in the whole of 2022, according to a report
A coalition of alternative investment industry groups including Managed Funds Association (MFA) and the Alternative Investment Management Association (AIMA) has submitted a letter to the US Securities and Exchange Commission (SEC) requesting a 60-day extension to the comment period for
Transaction Network Services has partnered with trading and connectivity solutions provider TRAFiX to expand its order execution and routing management systems on TNS’ Dedicated Server across all major Canadian financial exchange markets.
TOP STORY: Saba Capital Management, the hedge fund firm founded by Boaz Weinstein, has seen its flagship hedge fund rack up losses of 7.7% so far this year after bearish bets backfired amid the recent stock market rally, according to
