Hedge funds surged in June with technology, AI and growth leading gains complemented by shareholder activist and multi-strategy sub-strategies driving a 2.35% gain in the HFRI 500 Fund Weighted Composite Index as banking volatility subsided.Â
MSCI, a provider of decision support tools and services for the global investment community, has integrated real-time macro-economic data from alternative data specialist QuantCube Technology into its new MSCI Economic Regime Allocator Index. The new index allocates assets into different
Hedge fund majors Bridgewater Associates and Point72 Asset Management are both on the lookout for specialist China analysts as the firms look to keep abreast of Beijing’s economic and wider political policies, according to a report by the South China
Ankur Saboo has become the latest London-based bank managing director to jump ship to a hedge fund firm, with the 14-year-veteran oil, power, and gas options trader quitting Morgan Stanley to join Verition’s new Dubai operation, according to a report
Recent crypto market turmoil has prompted traditional hedge funds to adopt a more cautious approach to digital assets investments, with some managers opting to exit the sector completely, according to a report by Reuters. The report cites the results of
The Dubai International Financial Centre has become the first financial hub in the Middle East, Africa and South Asia region, to partner with the Alternative Investment Management Association, which represents over 2,100 corporate members with over USD2.5tn in hedge fund/private
Cutter Capital Management, a new healthcare-focused hedge fund founded by former Citadel portfolio manager Vince Aita, has begun trading with $275m from two institutional investors, according to a report by Bloomberg. Â
The SBAI has appointed Richard Johnston, Partner at Albourne Partners, as the new Chair of the SBAI APAC Committee. Johnston, who succeeds Ted Lee, will now head up and lead the SBAI’s activities and initiatives in the APAC region. Membership
Cryptocurrency exchange Bybit has completed its integration with Copper’s ClearLoop network, which offers clients off-exchange settlement that not only aims to mitigate counterparty risk, but also to improve capital efficiency.
Long-running cryptocurrency exchange Bitstamp has been registered to fully operate in the UK by the Financial Conduct Authority, bringing the number of global licenses and registrations held by the Bitstamp group to 52.
