Managers
Man Group has instructed around 150 of its London-based quants to return to the office five days a week for a temporary period, as its flagship systematic arm, AHL, grapples with a stretch of disappointing performance, according to a report by the Financial Times.
Ken Griffin, CEO of multi-strategy hedge fund major Citadel, has publicly criticised the Trump administration’s latest tax legislation, warning it would significantly worsen the US national debt, which already stands at $36tn, according to a report by the New York Post.
Arini, the $9bn credit-focused hedge fund founded by former Credit Suisse star trader Hamza Lemssouguer, is planning to open an office in Abu Dhabi as part of a broader strategic expansion into the Middle East, according to a report by Bloomberg.
George Weiss, the veteran hedge fund manager and founder of Weiss Multi-Strategy Advisers, has filed for personal Chapter 11 bankruptcy protection, following a court ruling that held him personally liable for over $100m in debt owed to Jefferies Financial Group, according to a report by Bloomberg.
Cliff Asness, co-founder of quant powerhouse AQR Capital Management, says markets are finally rewarding fundamentals again – marking a resurgence for systematic strategies that had long struggled in an era of speculative excess, according to a report by Bloomberg.
Acheron Trading, a crypto hedge fund and market making firm has ecured a Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation from the Dutch Authority for the Financial Markets making it the first dedicated CASP-licensed market maker.
Activist hedge fund Jana Partners is preparing for a possible proxy battle at Lamb Weston, following a shareholder survey that revealed widespread investor dissatisfaction with the frozen potato giant’s board, according to a report by Reuters.
Paris-based quantitative hedge fund Capital Fund Management has opened a new office in Toronto as part of its strategy to expand its footprint in North America and tap into growing demand for alternative investment strategies among Canadian investors, according to a report by Bloomberg.
Digital asset prime broker FalconX has acquired a majority stake in the parent company of Monarq Asset Management, a multi-strategy crypto hedge fund, as part of a broader push to build out institutional-grade digital assets management capabilities, according to a report by Bloomberg.
Greenlight Capital founder David Einhorn has issued a stark warning about the economic risks of escalating US-China tensions, suggesting the United States is underestimating China’s preparedness for a full-blown trade war, according to a report by Bloomberg.
