Both Goldman Sachs and Citi have lost senior macro traders to hedge fund firms recently, with Gary Stein joining Millennium from Goldman and Citi’s Karl Abdelnour jumping ship to join Schonfeld, according to a report by eFinancial Careers. New York-based
Hedge funds recorded another positive month in April, with a total weighted average return of 1.1%, taking YTD returns to 5.58%, according to the latest data from Citco, a global alternative investment asset servicer with one $1.8 trillion in assets
A new report from Seward & Kissel has highlighted a shift in hedge fund portfolio dynamics, amidst ongoing economic uncertainty, towards longer-held positions, with new managers tightening liquidity rules into 2022 as a result.
Point72 Asset Management founder Steve Cohen believes investors are too worried about a market decline and has said he is “actually pretty bullish” about the current economic outlook, according to a report by Bloomberg.
BrokerTec, a provider of electronic trading platforms and technology services in fixed income markets, has expanded its collaboration with LCH RepoClear, to provide a route for clients to clear Euro-denominated securities with LCH through BrokerTec Quote, a dealer-to-client Request for
AltTab Capital, a cryptocurrency and digital assets hedge fund company, has expanded its global footprint with the opening of a new office in London, which will allow it to expand its network of international professional investors and other partners. AltTab
Large hedge fund managers will now have to make more disclosures about their investment activities after the US Securities and Exchange Commission yesterday voted to adopt a series of amendments to FormPF, the confidential reporting form for certain SEC-registered investment
MSCI Inc, a provider of decision support tools and services for hedge funds and the wider investment community, has appointed Ashley Lester as global head of research and a member of MSCI’s Executive Committee. Based in London, Lester will report to
Limina, a provider of investments management software solutions, has partnered with Watson Wheatley, the developer of the iRecs reconciliation tool, which was originally built for one of the largest hedge funds in Europe, to offer highly automated reconciliation to the
Louis Bacon, the founder and chief executive of New York-based global macro hedge fund Moore Capital Management, ‘made’ $203 million this week, but the cash came from the resolution of a long-running court battle rather than any trading prowess, according
