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BTIG, a specialist in institutional trading, investment banking, research and related brokerage services, has launched a dedicated Hedge Fund Solutions Group to provide comprehensive advisory services to hedge funds and family offices.
Toronto-based Picton Investments is doubling down on its artificial intelligence and tech innovation as part of a wider strategy to grow the business globally, according to a report by Bloomberg citing founder David Picton.
UniSuper, one of Australia’s largest superannuation funds, has seeded a new AUD500m hedge fund focused on the ASX 300, partnering with RQI Investors, the quantitative arm of First Sentier Investors, according to a report by Finance News Network.
Multi-manager major Schonfeld Strategic Advisors has anchored a new Abu Dhabi-based long-short equity fund with a $500m allocation, backing veteran Waha Capital Portfolio Manager Omar Newera, according to a report by Bloomberg.
Jonah Cheng, founder of tech-focused hedge fund Captain Global, has exited his long-held position in Nvidia, citing concerns over the semiconductor giant’s near-term outlook despite it being the most profitable trade of his career, according to a report by Bloomberg.
Pharo Management, a $7bn global macro hedge fund, is preparing to open an office in Abu Dhabi as it restructures operations for its Africa-focused investment team, according to a report by Bloomberg citing unnamed sources familiar with the matter.
A fierce and intensifying war for top trading talent is reshaping the landscape of elite hedge fund hiring, with compensation packages offered by leading multi-manager hedge funds now exceeding $100m, according to a report by the Wall Street Journal.
Marex has appointed its first prime services team member in Singapore with the hire of Rebecca Kim, reflecting growing demand for the firm’s prime brokerage services in the APAC region and the importance of Singapore as a regional financial hub.
Hedge fund flows into Asian markets surged to a five-year high last week, signalling a renewed appetite for the region as macro conditions and geopolitical developments drive capital rotation, according to a report by Bloomberg citing a new note from Goldman Sachs,
Citadel, the multi-strategy hedge fund led by Ken Griffin, has appointed seasoned oil and fuel trader Shai Barnea as a portfolio manager in its refined products business, according to a report by Reuters citing unnamed sources familiar with the matter.
