Managers
New York-based bank JPMorgan Chase & Co will limit its interactions with Segantii Capital Management, a $4.8bn Asian hedge fund led by Simon Sadler, which is currently facing insider trading charges in Hong Kong, according to a report by Bloomberg.
South Korean regulator the Securities and Futures Commission (SFC) has asked prosecutors to investigate alleged capital markets rules violations by Australian hedge fund firm Regal Funds Management, according to a report by Bloomberg.
Hedge funds turned bullish on consumer stocks during the week ending 3 May as the latest economic data, including a softening in the US labour market, and comments by Federal Reserve Chair Jerome Powell combined to revive bets on interest cuts, according to a report by Bloomberg.
London-based quantitative macro-credit manager Tabula Capital will sell its parent European ETF business Tabula Investment Management, which was founded in 2018, to global asset manager Janus Henderson Group.
A bond market basis trade that has attracted the attention of regulators concerned about financial stability risks has helped hedge fund Exodus Point to chalk up a gain of around 2% for the year to the end of March, according to a report by Reuters.
A regulatory crackdown in South Korea last year saw hedge funds Segantii Capital Management and Point72 Asset Management fined along with proprietary trading firm Jane Street Group and other investment firms, according to a report by Bloomberg.
New York-based activist hedge fund TOMS Capital Investment Management has taken an undisclosed “significant” stake in Kellanova, a US multinational food manufacturing company formerly known as Kellogg Company with a market valuation of $21bn, according to a report by Reuters.Â
New York may have seen a post-pandemic exodus of financial firms, but hedge fund Graham Capital Management has given the Big Apple a vote of confidence as a financial centre by revealing plans to open a new office in the city, according to a report by the Financial Times.
Eisler Capital, the $4.1bn multi-strategy hedge fund firm founded by former Goldman Sachs Partner Edward Eisler, ended the first three months of the year about flat, according to a report by Reuters citing a letter sent to investors at the end of last month.
Sculptor Capital Management, an alternative investment company operating multi-strategy, credit and real estate strategies, has closed a €354m European collateralised loan obligation, Sculptor European CLO XI.
