Steve Cohen, founder of hedge fund Point72 Asset Management has exited his investment in cryptocurrency trading startup Radkl, according to a report by Bloomberg. The report cites a statement from a spokesperson for the company as confirming that the billionaire
OSTTRA’s portfolio reconciliation service, OSTTRA triResolve, is now actively reconciling data received from LCH SwapAgent, part of London Stock Exchange Group (LSEG). Building on an existing relationship between OSTTRA and LCH SwapAgent, where trades legally confirmed on OSTTRA MarkitWire are
Man Group has reported a drop in assets under management of 6% over the three months to the end of June, due to the impact of volatility in global financial markets. Client assets dropped to $142.3 billion from $151.4 billion
The trial of former Platinum Partners portfolio manager Daniel Small for fraud got underway in Brooklyn on Monday, with the jury hearing from the prosecution how the defendant was involved in a scam against one of the now defunct hedge
United Fintech, a one-stop-shop for banks, hedge funds, and asset managers, is opening a developer hub in Madrid this week.
David Einhorn, founder of hedge fund Greenlight Capital, has written to investors to inform them that the fund has acquired a new stake in Twitter at an average price of $37.24 per share, according to a report by Reuters.
Digital asset investment products saw inflows totalling $81 million last week, the fifth consecutive week of inflows totalling $0.53 billion, according both latest Weekly Fund Flows report from CoinShares. July represents the strongest monthly inflows so far this year totalling
A new study by Barclays suggests that when it comes to hedge fund fees and returns, it really is case of you get what you pay for, according to a report by Bloomberg. Recent research by Barclays’ Capital Solutions Group,
Dan James has worked on the sell-side. He’s worked on the buy-side. And now, he’s morphing into the man to know for a job in hedge funds.
The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) have published The T+1 Securities Settlement Industry Implementation Playbook. The Playbook outlines a detailed approach to identifying the implementation
