Latest News
Maples and Calder has promoted two lawyers to Of Counsel in the firm’s Asia Dispute Resolution & Insolvency and Funds & Investment Management practices in Hong Kong – Jean Bao (Dispute Resolution & Insolvency) and Aidan O’Regan (Funds & Investment Management).
The UK’s Financial Conduct Authority has closed its investigation into the infamous “cum-ex” dividend tax fraud, issuing its final fine stemming from the case to trading firm Mako Financial Markets, according to a report by Reuters.
Devexperts has launched DXtrade Institutional, a fully customisable single-dealer multi-asset platform offering, designed for banks, hedge funds, asset managers, and market makers looking to upgrade their frontend legacy systems.
Izzy Englander, the 77-year-old Chief Executive Officer of Millennium Management, emerged as the highest-earning hedge fund founder in 2024, making some $4bn for the year, according to Bloomberg’s annual rankings of the world’s top hedge fund earners.
Global hedge funds are making calculated bets on Chinese stocks, seeking profits amid shifting US-China trade relations and positioning themselves for wins whether or not Beijing strikes a deal with Donald Trump, according to a report by Reuters.
Liquidnet, the institutional trading network and dark pool operator owned by TP ICAP Group, has expanded its Multi-Asset Services team with the addition of Patric Okumi and Samuel Lowres to lead Multi-Asset Sales.
Rob Citrone, founder of Discovery Capital Management, has vaulted into the ranks of the highest-paid hedge fund managers, earning an estimated $730m in 2024, fuelled by a 52% net return, and outpacing industry heavyweights including Bill Ackman and Paul Singer.
Digital assets investment products saw outflows of $415m last week snapping a 19-week post US election inflow streak that amassed $29.4bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Coatue Management, the hedge fund led by Philippe Laffont, made a bold $1.1bn bet on Reddit in the fourth quarter, with the firm’s latest SEC 13F filing revealing a 6.5 million share stake in the social media platform, according to a report by Business Insider.
Maples and Calder, the Maples Group’s law firm, is pleased to announce its 2025 global Partner and Of Counsel promotions. The 16 newly appointed lawyers represent the breadth of talent and leadership of the international law firm with promotions spanning across six of its 15 global offices.
Special Reports
FeatureD
- Insight
