Point72 Asset Management, the $30.6bn US hedge fund firm founded by Steve Cohen, has boosted its credit capabilities with the appointment of a credit specialist from rival firm Third Point, according to a report by Reuters.
It may be almost a year since Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, ‘retired’ and stepped away from the day-to-day running of the business, but his presence still looms large over the firm, according
Bridgewater Associates has seen a surge in assets from wealthy Chinese investors on the back of strong performance by its flagship China fund, which has gained 11% this year as of August, according to a report by Bloomberg.
Ken Griffin, founder of CDEO of US multi-strategy major Citadel, has expressed doubts over the longevity of the recent stock market rally and has also said he is concerned about the country’s current fiscal situation, according to a report by
Alma Capital has partnered with Hong Kong-based hedge fund firm Prudence Asset Management to launch a liquid, UCITS-compliant version of the firm’s flagship long-short Asia credit strategy on its Luxembourg platform.
Brevan Howard Asset Management is targeting “disproportionate returns” from digital assets, having predicted a boom in the space similar to that seen with the internet over the past 20 years, according to a report from Bloomberg.
New York hedge fund Tenor Capital Management is in line for a big payout from a bet on a gold mining company expropriated by the Venezuelan government before ever breaking ground and is now set for a $1.4bn settlement, according
Palm Lane Capital, a London-based alternative credit quant fund run by Chief Investment Officer Fahad Roumani, has added Joseph Eeley, a portfolio manager at Eisler Capital, to its growing team, according to a report by eFinancial careers.
Walleye Capital, a US multi-strategy hedge fund firm with $5bn in assets under management, has made several new hires as it looks to boost its energy trading capabilities and support plans for a new office Dubai, according to a report
Castle Ridge Asset Management, an artificial intelligence-driven hedge fund firm founded in 2015 in Canada, has unveiled WALLACE, a new ‘one-of-a-kind’ AI supercomputer, at its headquarters in Toronto.
