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EXCLUSIVE | BNP Paribas’ THEAM Quant fund range (a collaboration between BNP Paribas Global Markets and BNP Paribas Asset Management) has launched a dedicated nuclear energy UCITS fund, in an area that the firm sees as a multi-decade investment opportunity driven by growing global electricity demand and energy security concerns.
The talent flow between private equity and hedge funds continues, with Apollo’s Asia-Pacific Chief Operating Officer, Mark Berg, making the switch to Millennium Management as its new Asia-Pacific Chief Financial Officer in Singapore, according to a report by eFinancial Careers.
Verition Fund Management, a global multi-strategy hedge fund firm with $12bn in assets under management, has launched its inaugural internship programme in collaboration with the Dubai International Financial Centre.
Hedge fund giant Citadel has appointed John Fawcett as its new Head of Equities Engineering, marking another senior hire as the firm continues to expand its equities technology capabilities, according to a report by eFinancial Careers.
Bloomberg and commodity prices specialist General Index have expanded their existing strategic collaboration to provide Bloomberg Terminal users with enhanced access to voluntary carbon market data.
Some of the world’s largest hedge funds, including Ken Griffin’s Citadel and Izzy Englander’s Millennium, suffered losses in February as geopolitical uncertainty and shifting trade policies rattled markets, according to a report by Business Insider.
A growing number of investors, including hedge fund Mount Lucas Management, are increasingly positioning themselves against the US dollar as concerns mount over a cooling US economy and the potential fallout from a trade war, according to a report by the Straits Times.
Nicholas Maounis may have overseen one of the biggest hedge fund blow-ups ever, but nearly two decades after the downfall of Amaranth Advisors, his latest venture, Verition Fund Management, has grown rapidly from just $1bn in 2019 to almost $12bn, according to a report by the Wall Street Journal.
Both the MFA and AIMA — representing some of the world’s top hedge funds — have hit back against plans by global regulators to restrict the use of borrowing to finance trades, which the investors say has been wrongly blamed for recent market wobbles, according to a report by the Financial Times.
Singapore-based hedge fund Kings Court Capital, which delivered an impressive 33% return last year, is making a big bet on Suzuki Motor Corp, citing the Japanese automaker’s strong India strategy as a shield against global trade risks, according to a report by Bloomberg.
