Latest News
Hedge funds, including Calamos Advisors, have turned MicroStrategy into one of Wall Street’s hottest trades, with the company leveraging its role as a bitcoin proxy to secure billions in convertible bond investments, according to a report by Bloomberg.
Transaction Network Services (TNS) has unveiled two new solutions – Data Usage Optimizer (DUO) and TNS Market Data as a Service – aimed at helping banks and hedge funds optimise market data management and reduce costs.
Pershing Square Holdings has confirmed plans to delist from Euronext Amsterdam, aiming to consolidate trading on the London Stock Exchange in a decision driven by cost-saving measures and a desire to simplify regulatory requirements, according to a report by MorningStar.
European hedge funds, including Metori Capital Management and Marshall Wace, posted strong performances in November, driven by a surge in global stock and currency markets tied to Donald Trump’s US election victory which bolstered US equities and the dollar, according to a report by Reuters.
Clear Street, a cloud-native financial technology firm providing prime brokerage services, has formally launched Clear Street UK, having recently secured approval from UK regulator the Financial Conduct Authority (FCA).
Pierre Andurand’s flagship hedge fund – the Andurand Commodities Discretionary Enhanced Fund – staged a dramatic comeback in November, delivering a 23% return that reversed losses accumulated earlier in the year, according to a report by Bloomberg.
Singapore-based hedge fund manager Dymon Asia Capital has expanded its operations to the Middle East for the first time, joining the growing list of hedge funds in Dubai by opening a new office in the emirate, according to a report by Reuters.
Some of the world’s largest hedge funds including Balyasny Asset Management and DE Shaw, are recruiting doctors, scientists, and healthcare analysts to gain specialised insights into pharmaceutical stocks amid heightened volatility in the sector, according to a report by Reuters.
Quantitative hedge funds including Qube Research, Squarepoint Capital, and Engineers Gate, which are traditionally dominated by computer-driven strategies, are increasingly incorporating human traders into their operations, according to a report by Business Insider.
Ramesh Karthigesu, a former Marshall Wace executive and founder of Kaizen Capital Partners, is shutting down his Asia-focused hedge fund to join multi-strategy major Millennium Management, according to a report by Bloomberg.
