Managers
New regulatory filings have reinforced Millennium Management’s position as the largest employer in the hedge fund industry, underscoring the growing dominance of multi-manager “pod shop” platforms across global markets, according to a report by HedgeCo.
A worldwide investigation is underway after the collapse of Mars FX, a hedge fund that once reported steady double-digit gains, with around $600m now unaccounted for, according to a report by Bloomberg citing court filings and unnamed people familiar with the matter.
Institutional Shareholder Services (ISS) has recommended that shareholders of WEX Group support two director candidates put forward by activist investor Impactive Capital, aligning broadly with views expressed by other proxy advisers ahead of the company’s upcoming annual meeting, according to a report by Reuters.
Veteran hedge fund manager Ricky Sandler is closing Eminence Capital after 27 years and returning capital to investors, citing a sustained period of underperformance and rising structural challenges in the industry, according to a. Report by Business Times.
US asset manager Voya Financial is under increasing pressure from activist hedge fund TOMS Capital Investment Management to consider strategic alternatives, including a potential sale of the firm or divestment of parts of its business, according to a report by the Financial Times.
Greg Coffey’s Kirkoswald Asset Management is moving to secure longer-term investor capital by launching a new share class that could require clients to wait up to five years to fully redeem their investments, according to a report by Bloomberg.
Citadel has indicated it may reconsider plans for a major Midtown Manhattan office redevelopment, as tensions rise over proposed tax measures targeting high-net-worth individuals, according to a report by Barron’s.
FengHe Fund Management co-founder Matt Hu is continuing to scale one of Asia’s fastest-growing hedge funds using an unusually centralised and highly structured investment process, according to a report by Bloomberg.
Hedge fund launches climbed to a four-year high in 2025 as investors increased allocations to strategies positioned for rising market volatility, according to new data from hedge fund index and analysis specialist HFR.
Martin Lueck, co-founder of systematic hedge fund Aspect Capital, has warned that handing investment decisions entirely to artificial intelligence could undermine transparency and risk management in quantitative investing, according to a report by the Financial Times.
