Trade matching continued to be a key focus for alternatives managers in the second quarter of the year, amid a normalisation of transaction volumes after the banking sector volatility seen in the first quarter, according to the latest data from
A “much more challenging” short-selling environment has prompted activist hedge funds Third Point to cut back on the number of single-name short positions it holds in its portfolio, according to a report by Seeking Alpha. The report cites Third Point
The risk profile of Crispin Odey’s flagship hedge fund has been lowered by Freddie Neave after he took over its management in June following allegations of sexual misconduct against the Odey Asset Management founder, according to a report by Reuters.
London-headquartered restructuring firm Cork Gully has opened new offices in Luxembourg City and expanded its operations to the Grand Duchy to advise and manage challenged and tail-end investment funds, as either sub-advisors or replacement fund managers.
TS Imagine, a global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, has appointed Eric Chen to its APAC sales team in the firm’s Hong Kong office. Chen will report to Fred Villain, TS Imagine’s Head
Crossover Markets Group has become the first external technology venue to provide connectivity to Cboe Digital, a US-regulated exchange and real-time clearinghouse for spot cryptocurrencies and futures, via its flagship CROSSx product. The collaboration provides a clearing solution for trades
A number of big-name hedge fund firms, including Balyasny Asset Management and Millennium Management, have parted company with metals traders after the price volatility that drew new money into the sector over the past two years dissipated leaving markets more
Millennium Management, the New York-based, multi-strategy hedge fund major founded by Izzy Englander, has bolstered its legal team with the appointment of Linklaters partner Pansy Wong as International General Counsel in the firm’s London office, according to a report by
A total of $600m has now been withdrawn from Odey Asset Management’s funds in the wake of multiple allegations of sexual assault and misconduct levelled against the firm’s founder Crispin Odey, according to a report by MorningStar.
Tiger Global, the hedge fund firm founded by Chase Coleman in 2001, has built a big stake in private equity group Apollo Global as the firm pivots from the technology investments that have traditionally been its stock-in-trade, according to a report
