Appital, the equity capital markets technology solution, and Turquoise, the pan-European MTF, majority owned by London Stock Exchange Group, have launched Appital Turquoise BookBuilder, The world’s first algorithmic bookbuilding platform enables buy side to participate in liquidity discovery, price formation
The number of traditional hedge funds investing in digital assets has almost doubled in a year to over one-in-three, according to a report by Business Review. The report cites PwC’s 4th Annual Global Crypto Hedge Fund Report 2022, produced together with
Ryan Israel has been appointed as the new chief investment officer at Pershing Square Holdings, the hedge fund run by billionaire investor Bill Ackman, according to a report by Reuters. Israel has been with the firm for 13 years having joined
Citadel Securities has borrowed $600 million to bolster its balance sheet and capitalise on strong demand from lenders after increased market volatility helped it record strong performance in the first six months of the year, according to a report by
Hedge funds Aspex Management (HK) Ltd and Oasis Management Co are among a group of Asia-focused funds that have increased their positions in Alibaba Group Holding Ltd and Sea Ltd during the second quarter of the year following a year-long rout
The SS&C GlobeOp Forward Redemption Indicator for August 2022 measured 2.35%, up from 1.82% in July.
Hedge fund performance swung back into positive territory in July – following negative returns for much of this year – with all AUA categories and all strategies bar commodities posting positive weighted average returns. That’s according to the latest Monthly
PivotalPath’s Composite Index, which tracks hedge funds of various strategies, rose 0.9% in July, way behind the 9% jump of the S&P 500 in July, according to a report by Reuters. Year-to-date though, hedge funds – as tracked by the index
LHG Capital Management (LHG), a hedge fund firm focused on global macro investment strategies, received over US$600 million in net inflows in 2022, pushing the firm’s total assets under management to over $750 million in August 2022. LHG is now
Genesis Global Trading is laying off 20% of its 260-strong workforce weeks after it emerged that the cryptocurrency lender and brokerage firm has a claim of $1.2 billion against now-bankrupt hedge fund Three Arrows Capital (3AC). Recent court filings revealed
