Hedgeweek exclusive: Gary Collier (pictured), the CTO of Man Group’s front office tech platform, Man Alpha Technology, discusses the evolving challenge of extracting value from data, and the technology Man Group has created to help.
Emerging alternative investment managers are prioritising the acquisition of top talent, and investments in third-party data providers and technology platforms as they look to grow their businesses in 2023, according to a new report by alternative investments fintech Dynamo Software.
Activist investor Hestia Capital Management has had four of its five director candidates elected to the board Pitney Bowes following a campaign criticising the century-old shipping-services company’s capital allocation and lagging share price, according to a report by Reuters. As
The ‘Great Resignation’ has had big impact on hedge fund IT management strategies with 87% of firms looking to increase outsourcing due to high employee turnover and increased labour costs, according to the latest edition of Hedge Fund Managed IT
Having bought discounted bank equities in March during the market turmoil triggered by the collapse of Silicon Valley Bank and Signature Bank, hedge funds reduced their exposure to financial stocks in April, according to a report by Reuters.
Shares in Carl Icahn’s hedge fund slumped by 20% on Wednesday after the firm revealed that federal prosecutors requested documents from the company just a day after Hindenburg Research took a short position on the firm, according to a report
L1 Capital, a Melbourne-based hedge fund run by Raphael Lamm and Mark Landau, is buying cyclical stocks rather than defensive stocks as it pares back its long-exposure to equity markets, according to a report by The Financial Review. The firm
Hedge funds have become too pessimistic about stocks as they position for a slump in global equities and may have to become more bullish if the current stock rally continues pushing the market even higher according a report by Bloomberg.
A growing short position on US Treasury futures is directly attributable to hedge fund placing bets on the spread between the futures and their underlying assets, according to a report by Bloomberg citing data from the Commodity Futures Trading Commission.Â
Hedge funds including FourSixThree Capital and Diameter Capital have been buying swaps insuring Credit Suisse’s subordinated bonds believing that the controversial decision to write down the bank’s AT1 securities as part of its takeover by rival UBS could trigger a
