Equity researchers employed by hedge funds firms are earning around $100k per year more than equivalent employees in the investment banking industry, according to a report by eFinancialCareers. The report cites the 2022 equities compensation report from recruitment consultancy
CIBC has launched a suite of five new Canadian Depositary Receipts (CDRs) on the NEO Exchange, expanding NEO’s existing lineup to 35 global companies. CDRs are designed to make it easy to invest in some of the world’s largest companies
Pictet Asset Management (Pictet AM) continues to strengthen its Fixed Income offering with the recruitment of four private debt specialists. The new Private Debt team is headed by Andreas Klein in London, who joined Pictet AM in early 2022.
Rokos Capital Management, the hedge fund firm founded by billionaire trader Chris Rokos, has warned that sterling is vulnerable to further falls in value, according to a report by the Financial Times. And in a further gloomy prediction, the firm
Private funds partner Ajay Pathak has been appointed as the next London co-chair at law firm Goodwin Procter, according to a report by Law.com. The appointment comes as the firm is seeking larger premises to accommodate its expansion in the
Bill Ackman, the boss of US hedge fund Pershing Square Capital Management, believes that it is ‘only a matter of time’ before the Hong kong dollar’s peg to the US dollar breaks, according to a report by Fortune. The semi-autonomous
Stefano Cocirio, an associate portfolio manager at Elliott Advisors is to quit the US activist hedge fund to take up the role of chief financial officer at Italian Serie A football club AC Milan, according to a report by Il
ION, a privately-held financial technology group, is in discussions with US hedge fund Davidson Kempner Capital Management over striking a staged-payments deal to acquire Italian bad loan recovery firm Prelios, according to a report by Reuters.
The Securities Commission of the Bahamas has defended its decision to transfer all digital assets of FTX into digital wallets under the exclusive control of the Commission for the benefit of clients and creditors of FDM.
Private wallets and self-custody are becoming increasingly popular with hedge funds in the wake of the collapse of cryptocurrency exchange FTX which highland the risks of relying on a single venue for trading, according to a report by Financial news
