Global long-short hedge funds, which are on course to post their worst monthly performance since May 2022, were forced to unwind bearish bets in both their long and short books in July, according to a report by Reuters. The report
Wedbush Securities has appointed Adam Greenberg as Vice President of Prime Brokerage in the firm’s New York office. Greenberg will tap his extensive network of hedge fund and service providers to generate exclusive opportunities for the firm’s prime brokerage clients.
London-based hedge fund Shinfalls Commodities has secured a new investment from New York-based investment manager New Holland Capital, including significant trading and working capital and foundational support for the firm to begin its trading operations.Â
British hedge fund Oceanwood Capital Management is looking to cut its holding in Spanish Bank Unicaja by selling 117 million shares via an accelerated bookbuilding process, according to a report by Reuters citing information from book runner BOFA Securities. At
A rush to cover bearish short positions by hedge funds and other investors has seen benchmark crude oil prices hit the highest level seen in three months following voluntary OPEC production cuts led by Saudi Arabia, according to a report
Saba Capital Management, the credit relative value focused hedge fund firm founded by Boaz Weinstein, has filed a dissident proxy circular in connection with a special meeting of the Citadel Income Fund, a Canada-based closed-end investment trust. The filing is
Man Group, the world’s largest listed hedge fund manager, saw its assets under management hit a record high of $151.7bn in the first half of 2023, surpassing analysts expectations, according to the company’s half-year results for the six months ended
Global financial services provider Apex Group Ltd has appointed Qasir Bashir as Country Head – Denmark, with responsibility for overseeing the delivery of the firm’s single-source solution to Danish clients.
Transaction Network Services has extended the build out of its TNS Cloud platform with the introduction of TNS Cloud – Server Management, delivering full-suite trading infrastructure and support to buy- and sell-side institutions and their vendors.
Nomura Holdings’ digital-asset subsidiary Laser Digital Middle East FZE has been awarded a full cryptocurrency license to offer virtual asset broker-dealer and investment management services in Dubai, according to a report by Bloomberg. In a statement the firm said it
