US hedge fund North Rock Capital is expanding its Asia footprint with the opening of a new office in Singapore. The move comes a year after North Rock established its first Asia office in Hong Kong, according to a report
Man Group is ditching its GLG brand in the first big change since new CEO Robyn Grew took the helm at the world’s largest listed hedge fund last September, as the firm moves into credit markets, according to a report
Singapore-based multi-strategy hedge fund firm Dymon Asia is creating a new share class, featuring a client-friendly fee-structure and including a so-called hurdle rate, as part of a $1bn fund-raising effort, according to a report by Bloomberg.
More than a fifth of institutional hedge fund investors, including pension funds and insurance companies, have identified ‘crowding’ in hedge fund portfolios as a top investment concern, according to a report by Reuters.
Record losses last year incurred on the back of bullish bets on oil have prompted Pierre Andurand to reduce the risk in his Commodities Discretionary Enhanced hedge fund investment portfolio, according to a report by Bloomberg.
Spanish blood plasma company Grifols has launched a law suit against Gotham City Research over a report alleging the company has overstated its profit and misstated its accounting, according to a report by Bloomberg.
BP is facing calls to ditch its commitment to cut oil and gas output as well other key parts of its strategy to make the company a provider of clean energy from activist investor, Bluebell Capital Partners, according to a
Millennium Management, the multi-strategy major founded by Izzy Englander, has pulled cash from Meridiem Capital Partners, three years after backing the stock-focused hedge fund to the tune of $1.5bn, according to a report by Bloomberg.
Having agreed to pay more than $19m to settle US SEC charges relating to improper bond trading, hedge fund Chatham Asset Management is now looking to recoup those costs, plus damages, from its compliance adviser Advisor Compliance Associates, according to
The Dubai Financial Services Authority has described 2023 as an “exceptional growth year”, with the regulator having licensed and registered a record-breaking 117 firms, including a big increase in hedge funds during the 12-month period, an increase of 25% over
