Latest News
Millennium Management co-chief investment officer Paul Russo will retire at the end of 2026, marking the latest leadership change at the $89bn multistrategy hedge fund, according to a report by Bloomberg.
The transfer of more than $60tn in US wealth from baby boomers to younger generations over the next two decades is set to reshape capital flows into hedge funds and alternative investment managers according to a report by the FT.
Millennium Management, led by Izzy Englander (pictured) is preparing to raise at least $10bn for its flagship fund later this year, seeking to capitalise on continued investor demand for multistrategy hedge funds, according to Bloomberg.
Dubai’s commercial office market continues to show resilience despite ongoing geopolitical tensions, with demand from hedge funds, banks and other financial institutions underpinning occupancy and rental growth, according to a report by Bloomberg.
Activist investment firm Jana Partners has established a position in AI-focused data management company Everpure after accumulating shares under confidential treatment, according to a report by Yahoo Finance.
A growing number of former investment professionals from Elliott Management are launching activist hedge funds, extending the influence of Paul Singer’s investment philosophy across the industry, according to a report by the FT.
The Magnificent Seven rebounded sharply on Monday as hedge funds unwound a popular relative-value trade that had favoured semiconductor stocks over mega-cap technology names, according to a report by Market Watch.
Trading Technologies (TT) has expanded its trade surveillance capabilities with the launch of new market replay and case management tools designed to improve monitoring across multiple asset classes.
Tower Research Capital has strengthened its exchange-traded funds (ETF) capabilities with the appointment of former Citadel Securities executive Yacin Dolivet as a quantitative researcher.
HSBC has identified a sharp appreciation in the US dollar as one of the most significant potential pain trades for investors in the second half of 2026, arguing that markets remain vulnerable to a stronger-than-expected move in the currency, according to a report Bloomberg.
