Managers
Activist hedge fund Elliott Investment Management has secured a board seat at online retail platform Etsy with Portfolio Manager Marc Steinberg having been appointed as a Director with effect from 5 February, according to a report by Reuters.
Hedge funds are embracing generative AI with 86% of managers now granting their staff access to various tools to bolster their work, according to a new survey by the Alternative Investment Management Association.
Eisler Capital is to become the latest member of the growing Dubai hedge fund ‘club’ with the London-based investment firm currently preparing to open a new office in the emirate, according to a report by Bloomberg.
Man Group is ditching its GLG brand in the first big change since new CEO Robyn Grew took the helm at the world’s largest listed hedge fund last September, as the firm moves into credit markets, according to a report by the Financial Times.
US hedge fund North Rock Capital is expanding its Asia footprint with the opening of a new office in Singapore. The move comes a year after North Rock established its first Asia office in Hong Kong, according to a report by the Straits Times.
Singapore-based multi-strategy hedge fund firm Dymon Asia is creating a new share class, featuring a client-friendly fee-structure and including a so-called hurdle rate, as part of a $1bn fund-raising effort, according to a report by Bloomberg.
More than a fifth of institutional hedge fund investors, including pension funds and insurance companies, have identified ‘crowding’ in hedge fund portfolios as a top investment concern, according to a report by Reuters.
Record losses last year incurred on the back of bullish bets on oil have prompted Pierre Andurand to reduce the risk in his Commodities Discretionary Enhanced hedge fund investment portfolio, according to a report by Bloomberg.
Spanish blood plasma company Grifols has launched a law suit against Gotham City Research over a report alleging the company has overstated its profit and misstated its accounting, according to a report by Bloomberg.
Sigma Advanced Capital Management is a macro investment firm specialising in absolute return strategies across global futures, with a focus on commodity and carbon markets. Carlos Arcila-Barrera, CFA, CAIA (pictured), Founder and Chief Investment Officer chats to Hedgeweek about some of the current challenges and opportunities facing hedge fund managers, potential catalysts for future growth and the firm’s deep commitment to a robust sustainability strategy…
