As a result of the volatility and positioning for generational inflation and increased likelihood of an economic recession, institutional investors withdrew an estimated $26.0 billion from hedge funds in Q3 2022, according to the latest HFR Global Hedge Fund Industry
Dechert LLP has appointed Matthias Kerbusch as a partner in the firm’s financial services group on Luxembourg.
Hedge fund Citadel and market maker Citadel Securities have doubled their combined headcount in Europe to roughly 750 since the start of 2019, according to a report by Bloomberg. The report cites a spokesman for the company as confirming that
Advisors are increasingly leaning on private funds and alternative investments amid volatile equity and bond markets, according to a bi-annual survey by Broadridge Financial Solutions.
Apex Group, a global financial services provider, has selected the Enfusion platform to enhance the delivery of middle-office services to its global fund administration client base. Enfusion is a provider of cloud-native software-as-a-service (SaaS) solutions for hedge funds and asset
Activist hedge fund Starboard Value is calling on Salesforce to capitalise on its market-leading position and increase margins, having acquired a significant stake in the cloud software specialist, according to a report by the Financial Times. Shares of Salesforce have
Several Brazil-based hedge funds are ramping up their bets against the Columbian peso in anticipation of tough times ahead for their Andean neighbour, according to a report by BNN Bloomberg.
The US Securities and Exchange Commission’s (SEC) drive to increase transparency and competition in the hedge fund industry is ultimately aimed at reducing the fees paid by investors, according to a report by Reuters. The report quotes William Birdthistle, director
Intercontinental Exchange, a global provider of data, technology, and market infrastructure, and home to the most liquid markets for trading FTSE derivatives, is to launch a FTSE 100 Index Total Return Future (TRF) on 14 November, 2022, subject to regulatory
Israel has caught the eye of billionaire hedge fund investor Dan Loeb with the Third Point boss opening a new office in Tel Aviva to target investment opportunities in the country’s booming technology sector, according to a report by Reuters.
