Multi-strategy hedge funds Citadel and Balyasny are both recruiting for their Hong Kong operations and, as has become fairly commonplace over the past year, it’s Goldman Sachs and JPMorgan they are looking to in their search for top talent, according
Shares in Carl Icahn’s hedge fund slumped by 20% on Wednesday after the firm revealed that federal prosecutors requested documents from the company just a day after Hindenburg Research took a short position on the firm, according to a report
Man Group CEO Luke Ellis has announced his intention to retire with Robyn Grew, currently president of the group and a member of the company’s Senior Executive Committee, set to succeed him. Based in the US, Grew has spent the past
Collas Crill has appointed Chantelle Day as Counsel in its Corporate, Finance and Funds team in Cayman. Day trained and worked in a large Cayman Islands law firm for the first 12 years of her legal career and has spent
Options Technology, a provider of cloud-enabled managed services to the global capital markets, has achieved Microsoft Solutions Partner designation for infrastructure, acknowledging the firm’s ability to deliver solutions for clients in this specific area.
L1 Capital, a Melbourne-based hedge fund run by Raphael Lamm and Mark Landau, is buying cyclical stocks rather than defensive stocks as it pares back its long-exposure to equity markets, according to a report by The Financial Review. The firm
Hedge funds have become too pessimistic about stocks as they position for a slump in global equities and may have to become more bullish if the current stock rally continues pushing the market even higher according a report by Bloomberg.
A growing short position on US Treasury futures is directly attributable to hedge fund placing bets on the spread between the futures and their underlying assets, according to a report by Bloomberg citing data from the Commodity Futures Trading Commission.Â
Hedge funds including FourSixThree Capital and Diameter Capital have been buying swaps insuring Credit Suisse’s subordinated bonds believing that the controversial decision to write down the bank’s AT1 securities as part of its takeover by rival UBS could trigger a
Hong Kong-based hedge fund Oasis Management Company is urging fellow shareholders to vote against chief executive Andy Hornby’s “disproportionate” and “unpalatable” pay deal after almost doubling its stake in the company, according to a report by The Times. The activist
