Despite tough market conditions leading to job cuts in some sectors of the financial services industry, UK hedge funds are still on the lookout for top talent, according to a report by Financial News London. And the they’re spreading the recruitment
Philip Morris International (PMI) has tabled an improved “best and final” offer to acquire smokeless tobacco specialist Swedish Match AB, after investors including activist hedge fund Elliot Management indicated they were unhappy with the original proposal, according to a report
BirchLane Capital, a London-based hedge fund set up by former JPMorgan credit trader Fajr Bouguettaya, is returning all capital to investors just two years after commencing operations, according to a report by Bloomberg.
Billionaire investor Daniel Oct has been accused of “mismanagement” as his hedge fund firm, then known as Och-Ziff, “deteriorated” forcing his successors to spend years stabilising the Wall Street firm, according to a report by Bloomberg. The report cites court
Izzy Englander’s Millennium has added to its EMEA middle office team this month with the appointment of Karl Hopper as its new middle office head for the region, and Simon Lodder as the new head of advisory compliance for EMEA,
Sterling and gilts are beginning to attract the attention of a number of hedge funds following their market mauling sparked by the UK government’s mini-budget of unfunded tax cuts, according to a report by Bloomberg.
Ultimus LeverPoint Private Fund Solutions, a tech-driven private fund administrator, has appointed Scott Trimble as Senior Vice President of Business Development.
Emerging Asia-focused hedge funds are on course to record their worst annual returns since the global financial crisis of 2008 after posting big losses in September, according to a report by the International Business Times. The report cites information from
Digital asset investment products saw outflows totalling $5 million last week in a continuation of the current period of investor apathy that dates back to September, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. Investment product volumes
Hedge funds faced a tough September amid a market downturn that saw major indices fall steeply over the course of the month, according to the latest monthly hedge fund update from Citco. The overall weighted return for hedge funds administered by
