Latest News
Cregg Watner, a Portfolio Manager at multi-strategy major Millennium, has left the firm to join ExodusPoint, a rival multi-strategy hedge fund led by former Millennium Executives Michael Gelband and Hyung Lee, according to a report by eFinancial Careers.
Tybourne Capital Management, the Asia-based investment firm founded by Eashwar Krishnan, is set to return external capital in its long-only funds following the shuttering of its US technology hedge fund earlier this year, according to a report by Bloomberg.
Tabula Capital, a London-based quantitative macro credit manager specialising in active strategies using liquid credit index products, has rebranded as TabCap Investment Management following the sale of its Tabula ETF business to Janus Henderson last year.
Saba Capital, a US-based activist hedge fund, has taken short positions against a range of notable UK companies, including Bloomsbury Publishing, the publisher of the Harry Potter series, despite previously portraying itself as a champion for the UK market, according to a repot by City AM.
Aecus Partners, the newly launched equity boutique, has appointed Fan Ye — a seasoned long-short investor with a background in global equity funds — as a Global Portfolio Manager for the firm’s Global Equity Strategy, according to a report by CityWire.
Hedge funds are scaling back their bullish wagers on crude oil, signalling a more cautious stance, with net-long positions in West Texas Intermediate having now fallen for four consecutive weeks, reaching their lowest levels since October, according to a report by Bloomberg.
Paloma Partners, a longstanding multi-strategy hedge fund, is working to repay $1.2bn in investor redemption requests, but is taking a cautious approach, including pulling capital from some of its external hedge fund investments to do so, according to a report by Business Insider.
Point72 founder Steve Cohen is making another major play in the artificial intelligence space, this time targeting the legal sector with his investment firm, Point72 Private Investments, leading a $75m funding round for Luminance, according to a report by Observer.
Activist hedge fund firm ValueAct Holdings has taken a significant stake in Amazon.com Inc, acquiring 536,900 shares valued at approximately $119m during the fourth quarter of 2024, according to a report by Benzinga citing a recent 13F filing with the Securities and Exchange Commission (SEC).
Equity Data Science, an investment process management software provider, has launched Nexus, a risk and portfolio management solution that integrates Factor Risk, Internal Research, and Performance Attribution workflows into a single interface.
