Hedge funds lost 0.71% in February paring year to date gains to 2.58%, according to the latest data from Bloomberg, with commodities funds seeing the biggest decline over the month with a 3.36% fall.
Bitfinex Derivatives has launched a range of perpetual contracts providing access to some of the largest and most popular global commodity indices. Contracts are now available for UK crude oil, palladium, and Platinum.
Managed futures posted a monthly gain in February, up 0.15% for the month, according to the Barclay CTA Index, compiled by Backstop BarclayHedge. February’s gains reversed three straight losing months for CTAs.
GAM has appointed Chris Longworth, who joined the firm in 2010, as Head of GAM Systematic. In addition, Danny Dhingra, who has been with the company since 2016, is to join the systematic Core Macro team, and will report to
China-based macro hedge fund manager Li Bei, the founder of Shanghai Banxia Investment Management Center, has sounded the alarm over a popular type of derivative, following the country’s stock rally, according to a report by Bloomberg. In an article published
Odey Asset Management, the London-based hedge fund firm founded by Crispin Odey, has reopened three funds which were soft closed in November 2022, including its flagship Odey European fund, according to a report by Financial News citing a letter sent
Market turmoil triggered by the collapse of Silicon Valley Bank and Signature Bank saw computer-driven hedge funds suffer their worst ever day of losses on Monday, according to a report by Bloomberg, while at least two of last year’s macro
Torstone Technology, a SaaS platform for post-trade securities and derivatives processing, has appointed Sam Farrell as head of North America. Based in Toronto, Farrell will have oversight of all the US and Canadian operations for Torstone. Prior to joining Torstone,
The University of California’s investment fund is to stop making hedge fund allocations and will instead commit more of its capital to private credit investments, according to a report by Bloomberg.
Hedge fund Alameda Research was the main channel used by bankrupt cryptocurrency exchange FTX to funnel about $2.2 billion to founder Sam Bankman-Fried the company new management team has claimed, according to a report by Reuters.
