Activist hedge fund firm Oasis Management is pressing Kakaku.com to seek a higher takeover price as a bidding contest for the Japanese online platform continues, according to a report by Investing.com.
Hudson River Trading generated a record $11.4bn in trading revenue in the second quarter as sharp market moves, including turbulence in AI-related stocks, created lucrative opportunities for the proprietary trading firm, according to a report by the Financial Times.
Capula Investment Management has hired two experienced energy traders as the hedge fund expands its presence in energy and commodities markets amid heightened volatility across the sector, according to a report by Bloomberg.
Cantor Fitzgerald is preparing to give its institutional clients, including hedge funds and family offices, access to Kalshi’s prediction markets as demand grows for event-based instruments that can be used for both trading and hedging, according to a report by
Balyasny Asset Management has hired Daniel Chen from BlackRock to lead a new team specialising in US investment-grade corporate credit, according to a report by Bloomberg citing an unnamed person familiar with the move.
Hedge fund investors are beginning to look beyond the Japanese yen for funding currencies in carry trades, with the Swiss franc emerging as a potential beneficiary of recent intervention in the foreign exchange market, according to a report by Reuters.
Singapore is stepping up efforts to protect its position as a leading Asian asset management centre, unveiling tax incentives, a new funding programme for hedge funds and more flexible visa rules as competition for investment talent with Hong Kong intensifies,
Schonfeld Strategic Advisors has hired Lorenzo Longo as a portfolio manager, adding the experienced Delta One trader as the multi-strategy hedge fund firm continues to expand its investment team, according to a report by Bloomberg.
Singapore-based hedge fund manager Dymon Asia Capital has secured a commitment of about $1bn from Abu Dhabi Investment Council (ADIC), providing fresh capital for an expansion that spans commodities, London and several Asian markets, according to a report by Bloomberg.
Hedge funds suffered their first monthly loss since the start of the second quarter in July, with weakness in equity and fixed-income arbitrage strategies dragging the industry’s weighted average return down 0.8%, according to Citco’s latest monthly hedge fund update.
