Latest News
Multi-strategy hedge fund Verition has parted ways with London-based quantitative portfolio manager Damien Couture, little more than three years after he joined the firm following a lengthy legal dispute over his post-employment restrictions, according to a report by eFinancial Careers.
Hedge fund Seer Capital Management is working with Cantor Fitzgerald and insurance broker Lockton on a proposed $300m insurance-backed financing facility designed to support investments in the fast-growing significant risk transfer (SRT) market, according to a report by Bloomberg.
Quantitative equities manager RQI Investors has expanded its UK fund range with the launch of the RQI Global Fund, a UK UCITS OEIC providing professional and retail investors with access to the firm’s flagship Global Value strategy.
Japan’s ruling Liberal Democratic Party (LDP) is preparing proposals to strengthen enforcement of shareholder disclosure requirements for activist investors, as policymakers seek to ensure greater transparency amid the continued growth of shareholder activism in the country, according too a report by Reuters.
BNP Paribas has named former Jain Global portfolio manager Kavi Gupta as head of fixed income, currencies and commodities (FICC) trading for the Americas, according to a report by Bloomberg.
Brevan Howard has strengthened its investment team with the appointment of Marouen Ben Othman, the former head of index flow trading at Citi, who has joined the firm as a senior portfolio manager in New York, according to a report by eFinancial Careers.
The Bank of England has warned that the rapid expansion of artificial intelligence is creating new risks for financial stability, highlighting elevated market expectations, growing leverage and increasing cyber threats linked to the technology, according to a report by Bloomberg.
Bank of America’s clients returned to net buying of US equities during the week ended 3 July, bringing an end to a five-week run of net selling, with hedge funds leading the rebound, according to a report by Investing.com.
Bloomberg has expanded its fixed income trading analytics offering with the launch of a new pre-trade transaction cost analysis (TCA) model designed to help market participants better assess execution costs and liquidity before placing trades
The Cayman Islands remains the dominant domicile for emerging hedge funds, with more than half of managers choosing the jurisdiction for their flagship fund, according to the latest Emerging Manager Survey published by the Alternative Investment Management Association (AIMA) and Marex.
