Crypto Facilities, a multilateral trading facility for derivatives referencing crypto assets which allows institutional clients to trade contracts long and short, has appointed ex-True Arrow Capital Management COO and CFO Mark Jennings as its new CEO. In the past, Jennings
Total hedge fund assets increased for the third consecutive quarter in Q2, as investors allocated new capital to equity hedge and event driven strategies, according to Hedge Fund Research.
The Canada Pension Plan Investment Board, Canada’s largest pension fund, will seed more startup hedge funds this year as part of a plan to diversify its investments, according to a report by the Financial Post. The CPPIB, which manages $570
Man Numeric, the quantitative investment arm of Man Group, says macro themes and nation subsets are outdated, with ever-increasing volumes of data from emerging markets now seen as key to peer-beating returns instead, according to a report by Bloomberg. Ori
Activist hedge fund TMR Capital is plotting a bid for The Restaurant Group in a move that would break up the FTSE 250-listed hospitality company behind Wagamama, according to a report by the Daily Telegraph. The British Virgin Islands-based manager,
Hedge funds are helping drive prime brokerage revenues higher among investment banks such as Goldman Sachs, Morgan Stanley and Bank of America this year, according to a report by the Financial Times. Goldman Sachs’ equities, fixed income, commodities and currencies
Digital asset investment products saw minor outflows totaling $6.5m last week, following four weeks of inflows that totaled a combined $742m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. Bitcoin was the primary investor focus, as
Hedge funds are betting on July being the last in the US Federal Reserve’s current programme of aggressive rate hikes aimed at bringing inflation under control, and are moving back into the gold market as a result, according to a
Several senior staff in $13bn multi-strategy hedge fund firm Schonfeld’s technology and recruitment teams have recently left the business even as the company continues on a big recruitment drive that started earlier this year, according to a report by Business
Man Group, the world’s largest listed hedge fund firm, has developed ManGPT, a new portal that allows anyone in the business to access OpenAI’s GPT model in a “safe and controlled fashion”, according to a report by Financial News. The
