Millennium Management is negotiating with authorities in Geneva over a potential tax arrangement that could pave the way for an expansion of its presence in the French-speaking Swiss canton, according to a report by the Financial Times.
Oil prices moved closer to $100 a barrel on Monday as continued threats to shipping through the Strait of Hormuz combined with renewed Chinese crude buying to tighten the outlook for global supplies, according to a report by Bloomberg.
The rise of artificial intelligence and an on-going talent war were two of the driving forces behind Man Group’s decision to combine its two flagship quantitative investment businesses, AHL and Numeric, into a single $156bn systematic platform, according to a
Rokos Capital Management founder Chris Rokos is preparing to move his tax residency from the UK to Greece, highlighting the growing competition between European jurisdictions for wealthy hedge fund executives, according to a report by Bloomberg.
Toscafund Asset Management is set to take private UK hospital operator Spire Healthcare as part of a consortium deal valuing the listed healthcare group at approximately £1.03bn, according to a report by the Independent.
Citadel is exploring opportunities to acquire US oil production assets, signalling a potential further expansion by the hedge fund and commodities trading powerhouse into physical energy markets, according to a report by Reuters citing unnamed people familiar with the matter.
Point72 Asset Management plans to roughly double the size of its Japan operation to around 100 employees while increasing the amount of capital it deploys in the country, as corporate governance reforms and shifting market dynamics create new opportunities for
Stichting Pensioenfonds Mars has almost doubled its allocation to hedge funds as the €1.5bn Dutch pension scheme reshaped its portfolio to provide greater protection against market volatility, according to a report by IPE.com.
Hedge funds have lifted their bullish positioning in Brent crude to its highest level since May as renewed fighting between the US and Iran raises the prospect of further disruption to oil shipments through the Strait of Hormuz, according to
Greg Coffey’s Kirkoswald Asset Management is preparing to launch a new hedge fund focused on emerging markets credit, as strong investor demand for alternative strategies continues to support expansion among major managers, according to a report by Bloomberg.
