Blaine Hurty has been promoted to managing director and head of capital introduction at Clear Street, a New York-based independent, non-bank prime broker, having originally joined the company’s cap intro team as a managing director in October 2022. Prior to
Chase Coleman’s technology-focused investment manager Tiger Global is exploring options to cash in a part of its $40 billion portfolio of privately held companies through secondary market sales, according to a report by Bloomberg.
Philippine Stock Exchange (PSE) chief executive Ramon Monzon believes allowing short selling could help attract foreign money from global hedge funds, but is facing opposition to his plans from local regulators, according to a report by The Financial Times. The
The total volume on the global power markets of EEX Group in April increased by 29% to 661.9 TWh compared to the same month of the previous year. Both the European Power Spot Markets – operated by EPEX SPOT (+11%)
Goldman Sachs has lost another trader to a hedge fund firm, with Rick Vaatsra leaving the bank’s London office this month, to join multi-strategy major Millennium Management as a senior portfolio manager based in London. Vaatsra spent over 10 years
London-based activist investor Covalis has lost its boardroom battle at Italian power utility company Enel, after shareholders elected Flavio Cattaneo as CEO and General Manager, and another five candidates proposed by the Italian government to the board of the utility,
In preparation for an anticipated end to the US Federal Reserve’s programme of interest rate hikes, hedge funds are going long on short-term interest-rate futures tied to the Secured Overnight Financing Rate, according to a report by Bloomberg.
Falling volatility has seen a number of algorithmically driven hedge funds ramp up the rate of their stock buying to one of the fastest levels in a decade, according to a report by The Financial Times, citing data from bank
Hedge fund-turned digital intelligence provider CargoMetrics, a specialist in the systematic monitoring and analysis of global maritime trade, has launched three new commercial data products that measure seaborne commodity trade – the Iron Ore Pack, LNG Pack, and LPG Pack.
Close Brothers has attracted the attention of hedge fund short sellers with the funds betting on a big drop in the value of the British merchant bank amid wider concerns about the health of the global banking sector, according to
