Andromeda Capital Management, a new hedge fund firm launched by former Algebris Investments’ money managers Alberto Gallo and Aditya Aney, has started trading in London, according to a report by Bloomberg. In an interview with Bloomberg, the duo said the
Bob Elliott, a former member of the Investment Committee at Bridgewater Associates, has launched Unlimited Funds, a new investment firm aiming to provide all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse
Elliott Investment Management and Jane Street have been granted permission by a court in London to sue the London Metal Exchange (LME) over its cancellation of trades during a short squeeze in the nickel market in March, according to a
William “Bill” Fitzpatrick, CFA, Managing Director and Portfolio Manager at Logan Capital Management, (Logan Capital), a registered investment adviser with a series of separately managed accounts in equity and fixed-income strategies, has been appointed Board Chair of the CFA Society
The Depository Trust & Clearing Corporation (DTCC) subsidiary National Securities Clearing Corporation (NSCC) has gone live with its Securities Financing Transaction (SFT) clearing service. The first trade was successfully executed between two leading market participant firms and cleared by NSCC,
SDX Web3, a newly launched business unit from SIX Digital Exchange, is now live with its Institutional Custody Service for Crypto Assets. The service is designed for institutional clients that want to scale their crypto asset business leveraging back-end services
Jim Hough, a former hedge fund portfolio manager at BlueCrest and Brevan Howard, has joined Nomura as a managing director on the firm’s inflation trading desk, according to a report by eFinancialCareers. Hough will report to Pasquale Cataldi, Nomura’s head
A new hedge fund to be launched next year by DE Shaw and Point72 Asset Management alumni has secured multi-billion dollar backing from Millennium Management, according to a report by Bloomberg. The report quotes unnamed sources as revealing that the
The Waha MENA Equity Fund, the flagship fund of Abu Dhabi-based investment management company Waha Capital PJSC has been ranked in 15th spot in the latest survey of the world’s top hedge funds by veteran New York-based financial analyst, Eric
Betting on big-picture macroeconomic changes has helped some hedge funds navigate – and outperform – China’s rocky stock markets so far this year, according to a report by Reuters. YTD ‘winners’ include Stanley Tao’s $230 million Golden Nest Greater China
