Elliott Investment Management has ruled itself out of making a formal bid to acquire Manchester United, but is keen to be involved in providing finance for the Red Devils, a move that could allow current owners, Joel and Avram Glazer,
A draft proposal from US regulator the Securities and Exchange Commission, would make it more difficult for crypto firms to operate as “qualified custodians” for hedge funds private equity firms and other institutional investors, according to a report by Bloomberg.
Brevan Howard has appointed Murray Coalville, a former vice president at Nomura, to head up its systematic operations, according to a report by The Financial News. Colville joins after spending four months at institutional crypto trading platform Elwood Technologies as
US pension plans’ aggregate hedge fund assets were lower as of the end of September 2022 than they were in the previous year earlier, in part due to difficult market conditions, but also because some funds cut their allocations in
Winton Group and Blackstone Inc are among the hedge fund and private equity firms that have helped drive leasing prices of high-end offices in London’s West End to record highs, according to a report by Bloomberg.
Cadwyn Capital has added to it leadership team with the appointment of Parag Patel as chief risk officer and investment director. Patel will oversee risk management at the firm and be involved in the implementation and direction of investment strategies.
Global funds services and solutions provider Ocorian has appointed Peter Corry as head of global funds, Luxembourg. Corry joins from IQ-EQ where he spent the last three years as Country Delivery Director for the firm’s Luxembourg operations.
Hedge funds are positioning for a slow down in this year’s stellar start for Treasuries by quietly building up the biggest bearish bet on bond futures on record, according to a report by Bloomberg. The report cites the latest data
Element Capital, one of the world’s biggest macro hedge funds, is responding to a recent string of poor returns, including a $1 billion loss during last month’s stock market rally, by reducing its $12 billion asset base in a bid
Citadel and Millennium Management are among a group of 12 hedge funds that are set to make a profit of more than CAD216 million ($162m) as one of Canada’s most bitterly-contested acquisitions nears completion, according to a report by Reuters.
