Latest News
Cybersecurity firm Rapid7 is close to reaching a settlement with activist hedge fund firm Jana Partners, following discussions on strategies to enhance shareholder value, including operational improvements and a potential sale, according to a report by Reuters.
Hedge funds trading FX may soon find a familiar voice on the other end of the line with Robert Diehl, a seasoned FX trader with nearly three decades of experience across major banks, having taken on a broking role at Caventor Capital according to a report by eFinancial Careers.
Hedge fund Elliott Associates is exploring additional steps to take against the London Metal Exchange (LME) over the cancellation of nickel trades in March 2022, the firm confirmed on Monday, according to a report by Reuters.
Dubai is considering sweeping regulatory changes aimed at strengthening its position as a global hub for hedge funds, with the emirate’s financial watchdog reviewing key policies to reduce barriers for money managers, according to a report by Bloomberg.
Hedge funds and asset managers have turned bearish on the US dollar for the first time since Donald Trump’s election victory last year, marking a significant shift in market sentiment, according to report by Business Times.
Hedge funds Balyasny Asset Management and Citadel have poached equity portfolio managers from each other, intensifying the battle for top trading talent as bonus season concludes and professionals seek new opportunities, according to a report by Reuters.
Hedge funds have ramped up bearish bets on US stocks at the fastest pace since 2020, reinforcing expectations of further market declines, according to a report by Reuters citing a client note from the prime brokerage division at Goldman Sachs.
UK regulator the Financial Conduct Authority has fined the London Metal Exchange £9.2m ($11.9) over its mishandling of the 2022 nickel crisis, marking the first-ever enforcement action against a UK exchange.
Jefferies Strategic Investments and Leucadia Asset Management Holdings have won a major legal victory against George Weiss, after a federal judge ruled that the hedge fund founder is personally liable for millions in unpaid debts tied to the collapse of Weiss Multi-Strategy Advisers, according to a report by Investment News.
STP Investment Services (STP), a global provider of technology-enabled investment operations, has launched STP LaunchAdvisor, a bundled fund administration and compliance solution tailored to the needs of emerging managers.
Special Reports
FeatureD
- Insight
