The London Metal Exchange had better options than canceling billions of dollars in nickel trades in March last year when prices skyrocketed, lawyers for Elliot Associates and Jane Street Global Trading told a London court yesterday, according to a report
Sona, the credit hedge fund founded by former Highbridge Capital head European credit, John Aylward, has appointed Barclays PLC’s co-head of global leveraged finance syndicate Stephen Smith, to the newly-created role of head of capital markets, according to a report
A rift between the co-founders of New York-based hedge fund Two Sigma Investments over the firm’s organisation and succession plan, as well as a host of other disputes, could pose a risk to the firm and its clients, according to
Hedge funds delivered another month of positive performance in May, although performance dipped month-on-month, with a total weighted average return of 0.4%, according to the latest data from hedge fund administrator Citco. Net inflows into funds based in the Americas
Fund management technology platform Truss Edge has launched an app that provides hedge fund and other asset managers with access to its Safari portfolio management and operations technology while on the move, via both Android and iOS devices.
A new study of new hedge funds launched by established managers from private funds industry law firm Seward & Kissel, reveals a sharp divergence in the management fees charged depending on investment strategy.
Macro hedge funds have enjoyed a renaissance in recent years with the biggest funds – those with over $1 billion in assets under management – showing significant outperformance compared to their smaller sub-$1 billion counterparts, according to a new report
Izzy Englander’s Millennium Management has bolstered its growing emerging markets team in Dubai with the addition of Naveen Choppara, co-head of emerging market rates and forex trading in CEEMEA at Goldman Sachs Group Inc, according to a report by Bloomberg.
South Korea has been ordered to pay around $53.6 million in compensation to US hedge-fund manager Elliott Management by an international arbitration tribunal over the controversial merger of two Samsung units back in 2015 that resulted in a corruption scandal,
Trifon Natsis, co-founder of global macro hedge fund firm Brevan Howard has relocated to Abu Dhabi as part of the Jersey-based investment manager’s plans to expand in the UAE, according to a report by Financial News.
