Man Group is preparing to launch a dedicated cryptocurrency hedge fund despite the current turmoil in the market sparked by the collapse of Sam Bankman-Fried’s digital exchange operator FTX, according to a report by Bloomberg.
Founder Dan Och and other former senior executives of Sculptor Capital Management have resolved a legal fight with the hedge fund by forming a special committee to explore potential transactions, according to a report by Bloomberg. The report cites a
Steven Cohen’s Point72 Asset Management focused on dividend-paying stocks in Q3, upping its holding in two tech companies and opening two new positions in the energy sector, according to a report by Investing.com. The $24 billion hedge fund firm, which
As the Chapter 11 bankruptcy process for Sam Bamnkman-Fried’s failed cryptocurrency businesses gets underway, initial court filings have revealed that the largest creditors are owed over $3 billion, according to a report by the Financial Times. The report cites a
Crypto exchange Bybit, the world’s third most visited crypto exchange, is enhancing its risk management controls as part of the company’s continued efforts to ensure the most secure environment for its customers and increase the resiliency of its platform. The
Fasanara Capital – a London-based asset management and technology platform – has secured a strategic circa $200 million mandate from one of Canada’s largest pension funds. These latest funds will be used by Fasanara Capital to support further expansion of
Verition Fund Management has added at least 11 portfolio managers in the last three months from institutions including Deutsche Bank, Goldman Sachs, and JPMorgan, according to a report by eFinancial Careers.
Sam Bankman-Fried, the former CEO of bankrupt trading firm Alameda Research, allegedly borrowed $1 billion from the business after it borrowed the same amount from another of his companies, according to a report by ShoreNewsNetwork. The report cites a court
Brilliance Asset Management, one of Asia’s largest China-focused hedge funds, chalked up a 16% loss in October after a bet on electric vehicle maker Li Auto went awry, according to a report by Financial Post. The report cites unnamed sources
Some of Asia’s largest hedge funds cut their holdings in JD.com in the third quarter of the year in favour of investing in rival e-commerce giant Pinduoduo, according to a report by Reuters. The report cites the funds’ latest regulatory
