Short sellers are on track for their first annual gain since 2018 on the back of a steep decline in US equities this year coupled with bets against megacap stocks including Tesla and Amazon.com, according to a report by Reuters.
Winning bets on the lithium sector have helped Vivid Capital, a small, a relatively new, hedge fund firm, chalk up gains of 39% this year up to the end of November, according to a report by Reuters. The Toronto-based firm,
iM Global Partner, a worldwide asset management network, and Dynamic Beta investments, a New York-based hedge fund replication specialist, have marked the third anniversary of the iMGP DBi Hedge Strategy ETF (DBEH).
AQR Capital Management is among a group of hedge funds and other traders who have asked a British judge to force the London Metal Exchange to hand over phone transcripts and meeting notes about its decision to cancel nickel trades
The Depository Trust & Clearing Corporation’s Alternative Investment Product service has reached a new milestone, successfully processing over 500 million transactions since its inception as service adoption continues to increase.Â
Cboe Global Markets, Inc (CBOE), a provider of global market infrastructure and tradable products, has elected Hillary A Sale as a new member of the Boards of Directors for the Cboe US Securities Exchanges, Cboe Futures Exchange, and Cboe SEF.
Digital asset investment products saw outflows totalling $30 million last week, with outflows seen across most asset types, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Ken Griffin, the billionaire founder of hedge fund Citadel, is suing the US Internal Revenue Service over a data breach that led to his confidential financial information being published by ProPublica, according to a report by Bloomberg.
Top hedge fund talent is migrating from the traditional financial centres of London and New York to the UAE, Saudi Arabia, Kuwait, and Bahrain, on the back of cost-of-living and tax increases, according to a report by Financial News.
Hedge funds have been increasing their short bets against cryptocurrency miners, in expectation of further fallout from the collapse on Sam Bankman-Fried’s FTX digital assets empire, according to a report by the Financial Times. The price of bitcoin has tumbled
