The efforts of central banks around the world to tackle inflation have failed to have a meaningful impact, and threats to the broader global economy remain, according to a report by Reuters citing comments from Man Group Chief Executive Luke
A new report from Seward & Kissel focused on seed investments in hedge funds, private equity funds, and other investment vehicles, shows that transactions are returning to pre-pandemic levels, even in the face of challenging market conditions. The ninth annual
Capital markets service provider Options Technology has partnered with trading platform firm Mercurius Solutions, an order and execution management system provider, following a successful integration with ACTIV application programming interface.
MEV Capital Management is launching a new digital assets hedge fund, MEV Capital Stablecoin High-Yield Fund SP, a Cayman Islands vehicle that “deploys and monitors trend-agnostic strategies based on digital assets, seeking to capture yields and timed opportunities”. The fund,
Point72, the multi-strategy hedge fund firm run by Steve Cohen, has appointed Ramin Safai as its new chief information security officer (CISO). Safai, joins from Jefferies where he served as CISO and CTO, according to a report by eFinancial careers.
Tiger Global Management is among a number of technology-focused stock hedge funds that racked up further gains in May on the back of a surge in the value of AI-related businesses, with the fund up 6.5% over the month, according
Allegations of sexual misconduct levelled at Odey Asset Management founder Crispin Odey have prompted prime brokers, including Goldman Sachs, JP Morgan and Morgan Stanley, to review their relationship with the hedge fund, according to a report by Reuters.
Opensee, which provides complete data access and real-time analytics to hedge funds and other financial institutions, has added to its senior leadership team with appointment of Anne-Laure Delaplace to the new role of chief operating officer.
GoldenTree, a US-based opportunistic, credit-focused hedge fund that owns Travelodge, is to put the budget hotel chain up for sale with £1 billion-plus price tag, according to reports by The Guardian and The Telegraph.
Hedge funds have upped their bullish bets on oil following Saudi Arabia’s surprise move to cut one million barrels a day of its own output in a bid to “stabilise” the market, according to a report by Bloomberg.
