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With demand for quantitative fixed income traders surging as banks, hedge funds, and market makers vye for recruits from a limited pool of talent, systematic fixed income specialists will be some of the most sought-after in finance, according to a report by eFinancial Careers.
The Managed Funds Association (MFA) has urged the European Commission (EC) to refrain from applying a one-size-fits-all macro-prudential regulatory framework to nonbank financial intermediaries (NBFIs) in a comment letter submitted this week.
Whitney Tilson, a former hedge fund manager and philanthropist, has announced his candidacy for New York City mayor, joining a competitive Democratic field vying to replace Eric Adams in 2025, according to a report by Bloomberg.
Hong Kong is moving to exempt private equity funds, hedge funds, and investment vehicles owned by billionaires from taxes on cryptocurrency gains, private credit investments, and other assets, according to a report by the Financial Times.
Ocean Leonid Investments, a hedge fund reportedly linked to Iranian oil trader Hossein Shamkhani, has informed staff in its Curzon Street office in London’s Mayfair that the firm is preparing to liquidate its operations in the UK, according to a report by Reuters.
Pantera Capital Management’s Bitcoin Fund, one of the earliest crypto-focused investment vehicles, has achieved a staggering milestone: a 1,000-fold return on its original investments since its launch in July 2013, according to research by CoinDesk.
Digital asset investment products saw the largest weekly inflows on record last week, totalling $3.13bn, bringing total year-to-date inflows to a record $37bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Balyasny Asset Management, the multi-strategy hedge fund firms founded by Dimitri Balyasnay, is making waves in the artificial intelligence space with its in-house tools tailored for financial services, according to a report by eFinancial Careers.
GAM has partnered with Arcus Investment to distribute the Arcus Zensen hedge fund, a long-short strategy focused on Japanese equities managed for over two decades by Arcus co-founder Mark Pearson, according to a report by Portfolio Advisor.
The hedge fund industry is set to play a more prominent role in the Trump administration compared to previous administrations, according to Agecroft Partners, with Scott Bessent’s appointment as Treasury Secretary the most notable example.
