21.co, the parent company of 21Shares, a global issuer of cryptocurrency exchange traded products (ETPs), has raised $25 million in a funding round led by hedge fund Marshall Wace. The round values the business up to $2 billion, making 21.co Switzerland’s
Capstone Investment Advisors (Capstone), a global alternative investment management firm, has extended its global presence into Asia with the opening of a new office in Hong Kong headed by Alain Bordoni who has been appointed Chief Operating Officer.
Hedge fund Graham Capital Management founder Kenneth Tropin is predicting tough times ahead for those looking to make money by tracking big stock indexes, according to a report by Reuters. Tropin, who focuses on macro trading, which looks to take
A combination of increased regulatory checks, government policy uncertainties and a slowing economy are prompting some Asian hedge funds to cut their exposure to offshore Chinese assets in favour of non-China stocks, according to a report by Reuters.
Marshall Wace has taken a €90 million short position against Kerry Group, one of Ireland’s largest and most successful companies, according to a report by Business Post. The report cites stock exchange filings as revealing that the London-based hedge fund,
Hedge funds are continuing to up their bearish bets on higher US bond yields and signs are emerging that the size and pace of this collective wager is reaching extreme levels according to a report by Reuters. The report says
Hedge funds including Renaissance Technologies, DE Shaw, and Bridgewater bought stock in Berkshire Hathaway worth more than $900 million in the second quarter of the year, according to a report by The Financial Times. The report cites securities filings as
Haidar Capital’s Haidar Jupiter Fund saw a gain of 29.6% in the four weeks to 26 August, taking returns so far this year to over 225%, according to a report by Bloomberg. The report says that Haidar is among a
Caravel Capital Fund, an event-driven market-neutral hedge fund based in Nassau, The Bahamas. is now open to accredited US investors following the appointment of Genesis Fund Services Limited as the fund’s administrator.
Financial services company Hargreaves Lansdown has attracted the attention of short-sellers, with a record 5.69% of the company’s shares on loan to hedge funds including AQR Capital Management, Hound Partners and Marshall Wace, according to a report by This Is
