Latest News
Bill Hwang, founder of Archegos Capital Management, should serve 21 years in prison for orchestrating a market manipulation scheme that collapsed his $36bn fund and inflicted more than $10bn in losses on lenders, according to a report by Reuters citing US prosecutors.
Arcesium, a provider of investment lifecycle and data management technology for the global investment industry, has launched a new automated Regulatory Reporting solution aimed at reducing the resources required to manage regulatory compliance.
Major hedge funds, including Millennium Management, Capula Management, and Tudor Investment, significantly boosted their exposure to US spot bitcoin exchange traded funds (ETFs) in the third quarter, according to a report by Reuters citing securities filings.
Activist hedge fund ValueAct Holdings has significantly increased its stake in Meta Platforms, acquiring 211,500 additional shares, worth $121.07m, during the third quarter of 2024, according to the firm’s latest 13F filing.
Hedge funds are playing an increasingly influential role in Europe’s bond markets, particularly in Italy, where they are seen as providing liquidity and enhancing market efficiency, according to a report by Reuters citing Italy’s debt chief, Davide Iacovoni.
Brazilian hedge fund SPX Capital has added to its US equity investment team with the appointment of Robert Kim, former Chief Investment Officer of AllianceBernstein’s AB Arya Partners, as a portfolio manager, according to a report by Bloomberg.
Chevron was the most shorted large-cap stock in the Americas in October, with Super Micro Computer a close second according to a new report from Hazeltree, a treasury and operations technology provider for alternative asset managers.
Hedge funds, including Bridgewater Associates, Coatue Management, and D1 Capital, boosted their investments in financial stocks during the third quarter, ahead of a sector rally driven by Donald Trump’s election victory, according to a report by Reuters.
London-based Annamite Capital, a new multi-manager hedge fund focused on digital assets, is to launch operations on 2 January, 2025, with a multi-strategy approach aimed at delivering absolute returns in the cryptocurrency space.
The Managed Funds Association (MFA), a leading US lobbying group for hedge funds and private credit firms, has urged President-elect Donald Trump’s transition team to revisit what it calls “harmful” regulations imposed on private funds and to preserve “pro-growth tax policies”, according to a report by Reuters.
