DE Shaw is the latest hedge fund major to announce an expansion in India with the opening of two new offices in the cities of Bengaluru and Gurugram, which will be home to around 300 additional employees in total.
Several hedge funds have recently made changes to their positions in the Japan Smaller Capitalisation Fund, with the fund seeing overall growth in short interest during March to 11,800 shares at the end of the month, an increase of 26.9%
Ray Dalio, founder of hedge fund giant Bridgewater Associates, is to open a branch of his family office in Abu Dhabi as part of the wider expansion of his operations in the Middle East, and the United Arab Emirates (UAE)
Following last month’s banking sector woes prompted by the demise of SVB, Signature Bank and Credit Suisse, Paul Marshall, founder of hedge fund Marshall Wace, has warned investors that commercial real estate could be the next sector to experience market
Hedge fund majors Millennium Management and DE Shaw are both actively hiring technologists in India with a focus on data scientists and data engineers as they ramp up operations in the country, according to a report by ET CIO. New
Shanghai Qianxiang Asset Management, a quant hedge fund based in mainland China, is among a number of funds setting up shop in Hong Kong for the first time in a bid to satisfy Chinese investor demand for US dollar-based products
Hedge funds have increased their bets against TD Bank Group with short positions against the Canadian lender rising by 45% over the past two weeks to reach $6.1 billion on Wednesday, according to a report by Reuters. The report cites
China-based hedge funds Shanghai Bull Asset Management and Shanghai Silver Leaf Investment Co have both booked big returns by exiting lucrative trades on the country’s property bonds, according to a report by Bloomberg.
Minal Bathwal was a stand-out performer at Brevan Howard in March, making money as market turmoil saw the macro trading firm’s flagship fund rack up its largest monthly loss since 2003, according to a report by Bloomberg.
Tom Wagner, co-founder of hedge fund Knighthood Capital Management, is closing in on the acquisition of a stake in English Football League club Birmingham City FC, according to a report by Bloomberg.
