Latest News
Digital asset products saw $446m in weekly outflows, taking total post–10 October outflows to $3.2bn and indicating sentiment has yet to fully recover, according to a the latest digital assets funds sets Fund Flows Weekly report from CoinShares.
Brazilian hedge funds are on track to outperform their domestic benchmark for the first time in three years, supported by well-timed interest rate trades and a sharp rally in local equities that has lifted returns across the industry, according to a report by Bloomberg.
Jain Global, the hedge fund founded by former Millennium Management Co-Chief Investment Officer Bobby Jain, has strengthened its investment team with the appointment of Alex Coats, a senior rates trader from JPMorgan.
RFM, a newly launched hedge fund focused on Japanese equities, has attracted more than $800m in assets within its first year of operation, reflecting strong investor appetite for Japan’s equity markets amid robust performance and structural reform momentum, according to a report by Bloomberg.
Mecox Capital Partners, a new options-focused hedge fund, will begin trading in January with $50m in assets, backed by prominent investor Peter Borish, a founding partner of Tudor Investment Corp, according to a report by Business Insider.
Ilex Capital, the hedge fund founded by former Citadel traders Jonas Diedrich and Dave Sutton, sharply increased compensation for its highest-paid individual during its most recent financial year, alongside a significant rise in profits and assets under management, according to a report by Financial News London.
Hedge fund Element Capital Management has won an arbitration ruling allowing it to enforce a non-competition agreement against a former senior trader, delaying his move to rival firm Squarepoint Capital, according to report by Bloomberg.
Special Reports
FeatureD
- Insight