More than 20% of Toshiba Corp shareholders opposed the election of two new board directors from activist hedge funds and a dissident external director, according to a report by Reuters.
Altana Wealth has launched a new Digital Assets Fund that will invest in Blockchain Technology across a wide spectrum of sectors. The London and Monaco based fund manager is one of the pioneers in crypto investing. Altana launched its Digital
Pluto Digital, a crypto tech and operations company, has taken the unprecedented step of protecting users of the YOP platform from the short-term volatility in the crypto market by guaranteeing ether (ETH) withdrawals from the ETH Vault. It has achieved
An improvement in global investor sentiment towards China and Hong Kong has prompted Avantua Group, the family office created by a member of Hong Kong’s third-richest family, to launch its first hedge fund, according to a report by the South
Zhu Su, the chief executive officer and co-founder of beleaguered cryptocurrency hedge fund Three Arrows Capital (3AC) is looking to sell one of his luxury ‘good class bungalows’ in Singapore. Zhu and his wife Tao Yaqiong Evelyn are reported to
A widely-used model to calculate margin requirements may not accurately reflect the risk some funds face in unlisted trades according to the Bank Of England’s Prudential Regulation Authority (PRA). A report by Bloomberg says the the PRA believes that some
BNP Paribas has marked the fourth anniversary of the THEAM Quant Dispersion US fund one of its suite of systematic and alternative strategies, providing liquid exposure to a broad range of asset classes. The fund aims to offer a long-run
Troubled crypto hedge fund Three Arrows Capital (3AC) has moved to protect its US assets by filing for Chapter 15 bankruptcy in Manhattan federal court, according to a report by The Financial Times. The development comes after a court in
The Securities and Exchange Commission has filed fraud charges against Empires Consulting Corp. (EmpiresX), its founders Emerson Sousa Pires and Flavio Mendes Goncalves, and its head trader Joshua David Nicholas, for a scheme that allegedly raised at least $40 million
GAM Investments has appointed Roland Mueller as Senior Investment Manager Fixed Income. Mueller will report to Andrea Quapp, investment director for Multi Asset Class Solutions and lead manager of segregated accounts and funds primarily for European and Swiss institutional clients.
