Latest News
John Overdeck and David Siegel, the billionaire Co-Founders of Two Sigma Investments, are set to enter arbitration following a long-running dispute over the future direction of the quantitative hedge fund, according to a report by Reuters.
Mulvaney Capital Management posted a 82.97% return for 2024, significantly improving from its 51.22% performance in 2023, according to a report by Reuters citing an investor letter.
Small cap equity manager Azarias Capital has appointed Jocelyn Dalkin as Chief Operating Officer and Chief Financial Officer effective immediately, and promoted Dan Petruzzi to Partner.
Point72 Asset Management, owned by billionaire Steve Cohen, plans to return between $3bn and $5bn to investors after achieving significant profits, according to a report by Bloomberg.Â
The Managed Funds Association has applauded the UK Parliament’s approved reforms to the short-selling regulation, with Rob Hailey, Managing Director, Head of EMEA Government Affairs, describing them as a win for the UK economy.
Fund managers have raised concerns with the City watchdog about US hedge fund Saba Capital’s plan to seize control of seven London-listed investment trusts, warning that shareholders could be left uncertain about the whereabouts of their investments, according to a report by This Is Money.
Waystone, a leading provider of specialist services to the global asset management industry, including admin services for hedge funds, private equity funds, and other alternative investment vehicles, has appointed Nigel Pasea as Country Head of Middle East.
Hedge funds managed by protégés of the late Tiger Management founder Julian Robertson, known as “Tiger Cubs,” reported robust double-digit returns in 2024, buoyed by the soaring performance of technology stocks, their second consecutive year of recovery following a challenging 2022, according to a report by Bloomberg.
Two Hong Kong-based firms, Welwing Capital and Jetha Global, have joined the growing list of hedge funds in Dubai, as the emirate’s International Finance Centre continues to see an influx of investment firms, according to a report by Bloomberg.
Two UK investment trusts managed by Janus Henderson have urged shareholders to reject a proposal from Saba Capital Management to replace their entire boards, claiming it would effectively hand control to the US-based activist hedge fund, according to a report by Reuters.
