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TT International has launched the TT EM Macro Strategy, a hedge fund designed to capitalise on macro-driven opportunities across emerging markets (EM), with a focus on interest rates, foreign exchange, sovereign debt, and corporate credit, according to a report by Fund Selector Asia.
AQR Capital Management, the $128bn quant-driven hedge fund founded by Cliff Asness, has delivered near-double-digit first-quarter returns across several of its key strategies, according to a report by Reuters citing an unnamed source familiar with the matter.
Employees at London-based hedge fund firm Marshall Wace enjoyed a 12% pay increase last year, even as the London-based hedge fund reported a steep decline in revenue due to a sharp drop in performance fees, according to a report by eFinancial Careers.
Multi-strategy hedge fund Verition Fund Management has parted ways with at least four investment professionals across its global offices in recent weeks, as part of a broader effort to refine its trading teams, according to a report by eFinancial Careers.
GAM Investments has entered into a strategic partnership with Gramercy Funds Management LLC to enhance its Emerging Market Debt (EM Debt) strategies, ensuring clients continue to benefit from specialszed expertise and future product innovation.
Mitesh Parikh, a long-time macro investor at $12bn multi-manager hedge fund firm Schonfeld Strategic Advisors, has stepped away from running his trading book to focus on developing investment talent, according to a report by Business Insider.
Digital asset investment products saw their second consecutive week of inflows last week totaling $226m suggesting positive but cautious investor sentiment, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Distressed debt specialist Redwood Capital and a group of rival hedge funds led by Cheyne Strategic Value Credit are embroiled in a high-stakes battle over the debt of Hunkemöller, one of Europe’s largest lingerie brands, according to a report by the Financial Times.