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Hedge funds including Third Point and Pentwater Capital have secured major gains after US Steel’s $14.1bn sale to Japan’s Nippon Steel completed, bringing to a close one of the most politically charged and volatile merger arbitrage stories in recent years, according tp a report by Bloomberg.
Global capital markets technology platform services provider Trading Technologies International, has launched Pre-Trade Portfolio Risk on the TT platform, bringing new protections to sell-side clients and facilitating increased trading opportunities for end-users.
Tokenised gold derivatives are set for significant institutional growth as part of a wider adoption of tokenised assets, with 86% of investors expressing interest in exploring these products within the next year.
The Securities and Exchange Commission has voluntarily dismissed with prejudice its enforcement action accusing Auctus Fund Management – a Boston-based hedge fund adviser – of operating as an unregistered securities dealer, according to a report by Bloomberg.
TT International, an alpha-driven specialist investment manager, has appointed Michael Tambue as an Emerging Markets Investment Specialist for its Emerging Markets franchise working across equities and fixed income.
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.
GAM Holding has appointed Albert Saporta as Group Chief Executive Officer effective 1 July 2025, succeeding Elmar Zumbuehl who will remain with the business until 31 December 2025 to support the transition. Tim Rainsford meanwhile, is returning to the firm as Group Chief Distribution Officer on 1 October 2025.
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.
A growing number of hedge fund portfolio managers are looking to relocate from traditional hubs including London and Singapore to the UAE, drawn by zero personal income tax, favourable time zones, and access to sovereign wealth capital – and firms are following their star traders.