AlphaGrep, a global multi-asset, quant-based proprietary trading firm founded in 2010 by University of Pennsylvania alumni duo Mohit Mutreja and Parshant Mittal, has launched a new quant-driven investment management arm – AlphaGrep Investment Management. Over the past 13 years, AlphaGrep,
Activist hedge fund Arex Capital Management wants home health and hospice provider Enhabit to put itself up for sale and begin a strategic review aimed at reversing an almost 50% slide in its share price since the business was spun
The prospect of the US economy going into recession later this year, has prompted Citadel boss Ken Griffin, whose firm racked up a record $16 billion return for clients last year, to increase his focus on credit trading, according to
Odey Asset Management is in “advanced discussions” to sell off some of its funds and move staff to other asset managers in the wake of sexual misconduct allegations against founder Crispin Odey, according to a report by Reuters.
Clients of London-based hedge fund Marshall Wace are set to pay a new “compensation fee” as the firm looks to hire and retain top talent in an increasingly competitive recruitment market, according to a report by Bloomberg.
The Securities and Exchange Commission has charged hedge fund Sabby Management LLC and its managing partner, Hal D Mintz, with fraud in connection with a “long running scheme involving misrepresentations and violations of rules for short selling and order making”.
Saudi Arabia’s energy minister Abdulaziz bin Salman may have recently warned oil short sellers to “watch out”, but hedge funds have turned bullish on oil again with wagers against US crude futures and options jumping to the highest in three
Odey Asset Management has suspended withdrawals from two more funds – the Special Situations and Odey Portfolio funds – in response to mounting redemption pressure following sexual assault allegations against its founder Crispin Odey, according to reports.
Elliott Associates and Jane Street Global Trading’s $475 million lawsuit over the controversial cancellation of nickel trades by the London Metal Exchange in March last year, is due to get underway in a court in London today (20 June), reports
In an attempt to restore order after the removal of Odey Asset Management founder  Crispin Odey amid allegations of sexual abuse and harassment of 13 women, the Financial Conduct Authority has imposed restrictions on the movement of cash and assets
