Managers
Citadel is preparing to take a much harder line over the SEC’s widening Wall Street WhatsApp probe than the almost two dozen banks that have already agreed to hefty settlements during the past two years over staff use of the messaging app, according to a report by Bloomberg.
- 29/09/2023
- 29/09/2023
The DMA-Swap strategy, an increasingly popular leverage and derivative strategy that helps Chinese hedge fund managers to skirt regulatory borrowing limits by having trades sit on brokers’ books, is allowing some funds to generate big returns in the country’s ailing stock markets, according to a report by Bloomberg.
- 29/09/2023
Former Morgan Stanley currency trader Thiago Melzer, is set to close his Brazilian hedge fund, Upon Global Capital, having been hit by a double whammy of wrong-way wagers and rising double-digit interest rates in Brazil, according to a report by Bloomberg.
- 28/09/2023
A 300% surge in graduate applications this year has prompted Rokos Capital Management, a $15.5bn London-based hedge fund firm, to draw up plans to ramp up its graduate intake programme next year, according to a report by Financial News.
- 28/09/2023
Oil trader Pierre Andurand has seen year-to-date losses at his main Andurand Commodities Discretionary Enhanced fund shrink to 15% from more than 50% earlier in the year on the back of a resurgence in crude prices, according to a report by Bloomberg.
- 27/09/2023
Elmar Zumbuehl, GAM’s chief risk officer, has been proposed as the company’s new CEO candidate after Randel Freeman, the hedge fund veteran who had been lined up for the role, backed out due to “unforeseen family circumstances”, according to a report by Financial News.
- 27/09/2023
