Sir Paul Marshall, co-founder of UK hedge fund giant Marshall Wace, and ex-Goldman Sachs Asset Management chairman Lord Jim O’Neill are demanding an overhaul of Manchester United’s corporate structure to give supporters more say in the club’s affairs following this
Copper.co, a provider of digital asset custody and trading solutions, is now providing support for the ALGO, the native token of the Algorand blockchain as well as Algorand Standard Assets (ASAs).
Data from a Freedom of Information Request to the FCA has revealed that firms are either transaction reporting incorrectly or not adhering to the MiFIR requirement to monitor their reporting using submission data made available to them by the FCA.
The decision to amend the rules surrounding Guernsey’s Private Investment Fund (PIF) options is aimed at enabling more investors to take advantage of the structure, increasing the attractiveness of Guernsey as a jurisdiction of choice. Read the full story at
More hedge funds were launched in the first quarter of this year than at any other time since the end of 2017, with the number of new strategy roll-outs outstripping liquidations for the third consecutive quarter, amid further signs the
Hedge funds that built major short positions against UK supermarkets at the start of the coronavirus lockdown have seen their bets go awry as share prices in the sector remained resilient. Several high-profile hedge fund managers made sizable wagers against
Northern Trust has launched a machine learning-powered document capture capability as the foundation of a multi-year investment to digitise alternative asset servicing and enhance the experience for asset owner clients that invest in complex private market and unlisted assets. Digital
A new ESG-focused distressed and event driven credit hedge fund run by US manager DSC Meridian has launched with backing from Investcorp-Tages, the asset management seeder. The Climate Action Fund builds on DSC Meridian’s flagship Credit Opportunities Fund, using an
Activist hedge fund CIAM says SCOR SE’s board of directors can “no longer ignore” shareholder discontent over governance practices, after the French reinsurance firm’s annual general meeting registered sizeable opposition to the board’s proposed remuneration policies.
X-Margin, a specialist in applying privacy technology to credit and financial market risk, and Fireblocks, a digital asset infrastructure provider, are partnering to enable financial institutions to source credit for cross exchange trading without revealing positions and other sensitive information
