Growing competition from new investment vehicles approved by Hong Kong and Singapore has prompted the Cayman Islands to launch an initiative to protect its position as a favourite destination for Asia hedge funds and the super-rich to park assets, according
Digital asset investment products saw outflows for the fifth consecutive week last week, with the $32 million withdrawn taking outflows over the period to $232 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares. Bitcoin outflows of
Concerns over the accuracy of the Perion Network’s financial reporting have prompted New York-based hedge fund Spruce Point Capital to establish a new short position in the Israel-based advertising technology firm, according to a report by Reuters. The report cites
Transaction Network Services is now live within the Nasdaq Nordic colocation data centre enabling the business to offer managed hosting services and exchange access via Layer 1 connectivity to Nasdaq Nordic’s Equity and Derivatives markets. Â
Taconic Capital Advisors, an $11 billion, New York- and London-based hedge fund firm focused on event-driven, multi strategy investments, has appointed Nate Kempner, a principal and co-chair of the firm’s Investment Committee, as co-chief investment officer, alongside Taconic’s co-founder, Frank
Cryptocurrency hedge fund firm BXB Capital, which is owned by Binance Korea’s co-founders JJ Petersen and Alex Friedberg, is looking to raise $27 million for a new fund, with all capital commitments being made exclusively in bitcoin, according to a
Rising interest rates, which have made it cheaper for speculators to borrow stock and bet on movements in company stock prices, have seen hedge fund industry borrowing hit record highs, according to a report by Reuters.
The Managed Funds Association has submitted a letter to the Financial Conduct Authority (FCA) backing the regulator’s efforts to modernise the UK asset management regulatory landscape and promote more competitive UK capital markets.Â
The Depository Trust & Clearing Corporation, a post-trade market infrastructure for the global financial services industry, is partnering with Nomura Research Institute to provide automated central matching capabilities for cash securities transactions in Japan.
The NZ Superannuation Fund New, a New Zealand-based sovereign wealth fund established to help finance the country’s state pension scheme, has made a new $100 million allocation to global macro hedge fund Episteme Capital.
