Prometheus Alternative Investments, a Los Angeles, California-based social marketplace platform providing institutional-quality information, insights, and alternative investment opportunities to high-net-worth (HNW) investors, wealth advisors, and asset managers, has launched its new Access Funds programme. With its first feeder fund now
Fidelity Investments has launched Fidelity Diversifying Solutions, a new division offer investors access to hedge-fund like strategies, according to a report by Bloomberg. The new liquid alternatives division, headed by president Vadim Zlotnikov, filed to register two new funds at
RBC Global Asset Management (RBC GAM) and BlueBay Asset Management (BlueBay) have expanded their European footprint with the opening of a new office in the Netherlands, established to serve both Benelux and Nordic investors more closely and to further strengthen
Hedge funds and other market participants are considering taking legal action against the London Metal Exchange (LME) over the recent problems in the nickel market, according to a report by then Evening Standard. Funds including AQR Capital Management are report
Fund manager Pierre Andurand has suggested that European governments should impose a 100 per cent tax on Russian oil rather than banning its import completely, according to to a report by Bloomberg Quint. Andurand’s idea, which he shared via Twitter,
The Investment team at Breacher Capital Management investment team has joined global quantitative investment firm Teza Technologies, according to a report by Opalesque. Breacher Capital Management, a Connecticut-based hedge fund manager founded in February 2020 will redeem its current LPs
The Australia dollar defied has defied expectations by holding up during the market turmoil caused by Russia’s invasion of neighbouring Ukarine, causing huge fund managers to reverse their bearish stance, according to a report by BloombergQuint.
Surging prices prompted by Russia’s invasion of neighbouring Ukraine have seen hedge funds double down on their commodities bets, with increased exposure bringing sizeable returns, according to a report by CNBC. Rising oil prices have made the energy sector a
Hedge fund Chatham Asset Management (Chatham), which manages funds that beneficially own approximately 6.3 per cent of the outstanding common stock of Rayonier Advanced Materials (RYAM) and is a substantial bondholder of the Company, has sent a letter to the
The rice of crude oil will hit USD200 by the end of the year is commodities trader Pierre Andurand is right, according to a report by Bloomberg. Andurand, the founder of Andurand Capital Management, believes markets will struggle to increase
