During a stellar year for cryptocurrencies, hedge funds specialising in digital assets also posted strong performances – but many still fell short of matching the returns of the industry’s flagship token, bitcoin, according to a report by Bloomberg.
Richard Northridge, a former portfolio manager at Citadel, has secured $1bn from Marshall Wace to trade for its flagship hedge fund, according to a report by BNN Bloomberg citing an investor letter.
Carlo Agostinelli, a Managing Director at Hong Kong-based hedge fund Ghisallo Capital Management, has left the firm after just over a year, according to a report by Bloomberg citing unnamed sources.
Activist investor Palliser Capital, along with more than 100 other shareholders, has called for a resolution to review Rio Tinto’s dual-listed structure, aiming to unify the miner’s corporate framework, according to a report by Reuters.
Tradeweb Markets, a global specialist in electronic marketplaces for rates, credit, equities, and money markets, has appointed Enrico Bruni and Troy Dixon as Co-Heads of Global Markets, effective January 2025.
Ray Dalio, founder of global hedge fund major Bridgewater Associates, and Lim Chow Kiat, CEO of Singapore’s sovereign wealth fund GIC, have expressed growing caution regarding the global economic outlook due to political risks and uncertain growth prospects, according to
The KLS Scopia Market Neutral Equity Fund has grown its AUM to $63m and recorded a 12-month trailing net return of 9.8% since being launched by New York-based hedge fund manager Scopia Capital Management in UCITs format on Kepler Partners’
Japan has become a bright spot in Asia’s $400bn hedge fund sector, attracting new fund launches as other regions experience closures amid a resurgence in the country’s capital markets and despite August’s wild volatility, according to a report by Reuters.
MFA has submitted a comment letter in support of the goals of the European Securities and Markets Authority’s (ESMA) proposal to enhance access to market data through improvements to the MiFID II/MiFIR regime.
