A new survey from prime broker IG Prime has revealed that UK hedge fund managers overwhelmingly prefer UK stocks to those from other jurisdictions, according to a report by Investment Week. In all, some 96% of managers surveyed made UK
Digital token trading platform Bitfinex has launched new markets for LUXO, the native token of a blockchain protocol for certifying the authentication of luxury goods, Luxochain. LUXO deposits and trading will open in April and will include both LUXO:USDT and
QuantCube has launched Port Congestion Indicators, giving hedge funds, asset managers and investment banks guide investment on port congestion ahead of the market and give early signals about problems in global supply chains.
Gabe Plotking, founder of struggling hedge fund Melvin Capital, has proposed returning capital to investors and granting the the right to reinvest in a new fund, according to a report by CNBC. If agreed, the plan would see the current
Two more managing directors are leaving Blackstone’s hedge fund solutions group according to a report by Bloomberg. The report cites unnamed sources for the news that New York-based Tej Arora and Katherine Chan, both MDs in Blacstone Alternative Management’s special
LPA, a capital market technology and advisory firm, has appointed Kristian Liiv as its new regional manager for Scandinavia. Liiv will lead client relationships in Norway, Sweden, Finland and Denmark for LPA, and be responsible for the business development, strategy,
Pershing Square Holdings, the hedge fund headed up by Bill Ackman, has exited its Netflix investment racking up losses in excess of $400 million in the process, according to a report by Business Times. The streaming service’s share price plunged
The SEC is facing the possibility of legal action by hedge funds and finance industry groups over its plans to change certain market rules following the collapse of Archegos Capital Management (Archegos), according to a report by The Financial Times.
Due diligence specialist Castle Hall has launched DiligenceExchange, delivering in-depth industry intelligence for institutional investors. DiligenceExchange (DXC) contains due diligence data on several thousand funds across traditional (stock and bond) and alternative strategies – hedge funds, private equity, venture capital,
SimCorp, an independent provider of SaaS (Software as a Service) investment management solutions, and StarQube, a Fintech providing a flexible suite of investment decision modules, are partnering to offer a comprehensive framework for applying data science in portfolio construction. Combining
