Latest News
Digital asset investment products saw outflows totalling $508m last week amid uncertainty surrounding trade tariffs, inflation, and monetary policy, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Lade King, a seasoned technology leader with experience at Goldman Sachs, JPMorgan, and most recently at quant hedge fund Two Sigma, has made a move to private equity, joining TPG as Engineering Chief Operating Officer, according to a report by eFinancial Careers.
Derivatives marketplace CME Group and post-trade market infrastructure provider the Depository Trust & Clearing Corporation (DTCC), are to expand their existing cross-margining arrangement by December 2025.
Activist hedge fund Starboard Value delivered less than 5% in returns last year, significantly trailing its peers as high-profile campaigns at companies including News Corp and Pfizer struggled to gain traction, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Activist investor Nelson Peltz’s Trian Fund Management is advocating for further business separations at Solventum following the company’s recent $4.1bn sale of its filtration unit, according to a report by the Wall Street Journal citing unnamed sources familiar with the matter.
Balyasny Asset Management is raising $350m for its first-ever dedicated venture capital fund, marking a strategic push into growth-stage enterprise tech startups, according to a report by PitchBook citing sources familiar with the matter.
Millennium has added Justin Lo Iacono as a Portfolio Manager for its Andora Partners brand. This move follows the firm’s decision at the end of 2024 to bring on Daniel Engel-Hall, formerly of Marshall Wace, to lead the establishment of an equity long-short team, according to report by eFinancial Careers.
The wave of departures from Morgan Stanley’s credit trading team has now extended from London to New York, with Jeff Qiu, the bank’s head of US macro credit trading, resigning to join hedge fund Garda Capital Partners, according to a report by eFinancial Careers.
The world’s leading financial stability watchdog – the Financial Stability Board (FSB) – is ramping up oversight of hedge fund leverage and shadow banking risks, launching a task force to assess potential systemic threats, according to a report by Bloomberg.
BNP Paribas has announced the appointment of Emmanuel Dray as EMEA Head of Investor Coverage, which sits within Financial Institutions Coverage (FIC), and focuses its efforts on a select client base of rapidly growing asset managers and hedge funds.
