A decision to increase bets on Russian stocks just prior to the country’s invasion of neighbouring Ukraine resulted in big losses for a BlackRock hedge fund, according to reports by Bloomberg and BusinessInsider. The investment firm’s Emerging Frontiers Fund dropped
Significant losses sustained in recent weeks have prompted Mew York hedge fund Arrant Global to close down operations, according to a report by The Wall Street Journal. The firm’s flagship long-short tech-focused equity strategy, which lost 8.5 per cent last
Hedge fund Infinity Q is facing a potential class action law suit filed by investors after the fund’s founder was charged with fraud by the US Securities and exchange Commission (SEC), according to a report by JD Supra.
The Association of the Luxembourg Fund Industry (ALFI) believes side-pocketing could be a solution to the current market freeze caused by Russia’s invasion of Ukraine, according to a report by Bloomberg. The controversial practice, favoured by hedge funds but banned
Eisler Capital, a hedge fund firm run by former Goldman Sachs executive Ed Eisler, has returned all investment cash linked to Russia, following the country’s invasion of neighbouring Ukraine, according to a report by Bloomberg. An internal memo seen by
Alan Howard founder of hedge fund Brevan Howard has led a USD7.5 million Series A funding round in Nested, a social trading platform that enables users to create and invest in “financial NFTs”, according to a report by CoinBase.
When iConnections launched in 2020 with its Funds4Food campaign, it saw a need to bring the hedge and private equity industries together to help victims of the Covid-19 pandemic. Now the company is are pivoting its Funds4Kids cap intro event
Pico has achieved an early key expansion milestone for Redline Trading Solutions (Redline), a high performance trading and market data software provider it recently acquired in January 2022. The addition of normalised market data for Shanghai Stock Exchange (SSE) and
iCapital, a global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, is to acquire and Stifel Financial Corp’s alternative investment feeder fund platform. Stifel’s feeder fund platform supports distribution of a suite
Goldman Sachs is severing its business association with Islet Management, Joseph Samuel’s block trading hedge fund, according to a report by Bloomberg. The moves comes as US regulators are looking into the communications between banks and hedge funds engaged in
