Managers
A group of hedge funds, including Palladian Partners, is seeking US court recognition of English court rulings that hold Argentina liable for €1.5bn in GDP-linked warrants, as Argentina eyes renewed access to global capital markets, according to a report by Reuters.
Andon Hong Kong Ltd, the investment arm of Chinese medical device maker Andon Health Co, is expanding its global alternatives footprint with the opening of a New York office, marking a significant move into hedge fund and private market investing, according to a report by Bloomberg.
The FTX estate is pushing back hard against a $1.5bn claim filed by collapsed crypto hedge fund Three Arrows Capital (3AC), calling it a “fantasy” built on misrepresented account balances and reckless leverage, according to a report by DLNews.
Man Group, the world’s largest publicly traded hedge fund firm, is planning to makes its debut in the exchange-traded fund (ETF) space with the launch of two actively managed fixed-income products, according to a report by ETF.com.
Jefferies Financial Group’s hedge fund arm, 352 Capital, has escalated its legal pursuit to recover over $100m tied to an alleged Ponzi scheme involving filtered water vending machines and is now targeting a regional Washington bank it claims helped enable the fraud, according to a report by Bloomberg.
Edge Funds | In the high-velocity world of hedge funds, where quarterly performance often determines survival, BlueBalance Capital has built its reputation on an almost heretical principle: waiting. The Vienna-based firm, which manages €400m across two funds, has spent 15 years perfecting what Co-Founder Michael Schülli (pictured, left-centre with Dr Lukas Goetz, Co-Founder – left, and Alexander Kahl, Partner – right) describes as “investing into dislocations, rather than trading derivatives.”
Hedge funds and currency traders are increasingly favouring the euro over the dollar in the options market, as geopolitical uncertainty and volatile US policy drive a reassessment of the greenback’s dominance, according to a report by Bloomberg citing data from the Depository Trust & Clearing Corporation (DTCC).
Global trading powerhouses – including hedge fund major Millennium Management and Ken Griffin’s market-making business Citadel Securities – are significantly expanding their footprints in India’s rapidly growing derivatives arena, according to a report by Bloomberg.
Activist hedge funds and institutional investors are launching a record 137 proposals at Japanese companies ahead of this year’s AGM season, according to a report by Bloomberg citing data from Mitsubishi UFJ Trust & Banking.
Marshall Wace has recorded one of its most lucrative crypto trades to date, netting approximately $700m in profits from its early backing of stablecoin issuer Circle Internet Group following the firm’s red-hot initial public offering, according to a report by Bloomberg.
