Digital assets investment products saw minor outflows totalling $17 million last week, marking the fourth consecutive week of negative sentiment, according to the latest Digital Asset Funds Flows Weekly report from CoinShares.
Horizon Software, a provider of electronic trading solutions and algorithmic technology for the global capital markets, has launched new connectivity to the Singapore Exchange (SGX Group), which operates equity, fixed income, currency and commodity markets.
The US Securities and Exchange Commission has accused crypto hedge fund BKCoin Management and one of the firm’s co-founders, Min Woo “Kevin” Kang, of fraud and misusing investor funds and has successfully filed an emergency action to freeze assets and
Ten hedge funds and asset managers have launched two new lawsuits against the London Metal Exchange over the cancellation of billions of dollars of trades in the nickel market last year, according to a report by Reuters.
Multi-strategy hedge fund Millennium has added several portfolio managers in Singapore just five months after moving to new larger premises in the city state last October, according to a report by eFinancial Careers. The new arrivals include Kenneth Maples who
A new fund set to be launched by Todd Barker, the former head of the Surveyor Capital unit at Ken Griffin’s Citadel, is expected to raise over $1 billion making it one of the largest launches of the year, according
John Cryan, who has served as a director of Man Group since January 2015 and as chair of the board since January 2020, is to step down towards the end of this year, with Anne Wade, who has served on
Crescent Capital Group, an alternative credit investment firm, has appointed Jonathan Harari as global head of the firm’s Investor Solutions Group. Based in New York, Harari is responsible for developing and executing Crescent’s strategic sales and marketing plan for clients and
The South African hedge fund industry saw growth in assets under management of 30% in 2022 finishing the year with AUM of ZAR113.01 billion (£5.07bn), up from ZAR86.92 billion (£3.89bn) at the end of 2021, according to a report by
GoldenTree Asset Management has become the latest hedge fund to announce plans to extend operations to Dubai, with news that the New York-based credit trading specialist is to open a new ‘representative office’ in the Dubai International Financial Centre.
