Latest News
Chevron remained the most shorted large-cap stock in the Americas for the second consecutive month in November, according to the 2024 Shortside Crowdedness Report from Hazeltree, which tracks short-selling trends globally.
BlueLine Asset Management, a hedge fund established by former JPMorgan executives, is set to close its operations after five years, reflecting the mounting pressures facing Brazil’s investment industry, according to a report by Bloomberg.
Quantitative hedge fund Seven Eight Capital, the quantitative hedge fund firm spun out of Schonfeld Strategic Advisors just a year ago, is winding down operations after facing significant investor redemptions, according to a report by Business Insider.
Activist investor Barington Capital Group is calling for a leadership overhaul at Matthews International Corp, a leading coffin manufacturer, and wants to name three new directors to the company’s board as part of a bid to oust long-serving CEO Joseph Bartolacci.
Citadel has strengthened its operations team with the addition of Gerald Walker who will focus on options-related activities for both the hedge fund and its sister company, market-maker Citadel Securities, according to a report by eFinancial Careers.
Global fintech Broadridge Financial Solutions has launched a new AI-powered algorithm insights service for NYFIX which employs real-time liquidity mapping to help hedge funds, and other buy-side firms improve accuracy, workflow integration, and cost-efficiency.
Accounts filed for BlueCrest Capital Management (UK) LLP (BCCMUK), the main partnership subsidiary for Mike Platt’s hedge fund-turned-family office show that profit-per-member fell from £2.5m to just £498,000m, according to a report by eFinancial Careers.
New research by Beacon Platform, a fintech focused on solutions for quant developers, shows that most hedge funds are spending too much time and manual effort on some important risk management processes, and are willing to switch software vendors to improve the situation.
Hedge funds demonstrated value in investor portfolios as both diversifiers and risk mitigators, while offering double-digit returns, according a new report from alternative investment data specialist Preqin.
Hedge fund Garda Capital Partners has filed a lawsuit against rival Schonfeld Strategic Advisors, alleging it unlawfully lured away one of its most prominent fixed-income portfolio managers, Nicolas Monaghan, in violation of his non-competition agreement, according to a report by Bloomberg.
