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Regal Funds Management Pty Ltd, one of Australia’s largest hedge funds, has been indicted by South Korean regulators as part of an expansion of Seoul’s crackdown on short-selling trading practices, according to report by Bloomberg.
Multi-strategy major Millennium Management has allocated hundreds of millions of dollars to Hong Kong-based Centerline Investment Management in a strategic partnership aimed at bolstering returns, according to a report by Bloomberg.
Klarna is selling the bulk of its UK “buy now, pay later” (BNPL) loan portfolio to US hedge fund Elliott, in a deal that could free up £30bn for new loans, according to a report by the Financial Times citing unnamed sources familiar with the transaction.
Multi-strategy hedge fund major Bridgewater Associates saw its onshore China funds deliver their best monthly performance in September, fuelled by a stock market rally following Beijing’s policy shift aimed at reviving the economy, according to a report by Reuters.
Andreas Steno Larsen, a former Nordea strategist and founder of the macro research firm Steno Research, is launching a new hedge fund – Asgard-Steno Global Macro Fund – in partnership with Danish hedge fund manager Asgard Asset Management.
Hedge funds are significantly increasing bearish bets against currencies like the yuan, euro, and Mexican peso, speculating that Donald Trump will win the upcoming US presidential election, according to a report by Bloomberg.
Crypto derivatives exchange BitMEX has launched Trading Bots, a new automated trading tool designed to offer automation based on predefined strategies or reactions to signals, for 24/7 crypto trading without the need for coding experience.
Digital asset investment products saw inflows of $407m last week, as investor decisions were seemingly influenced more by the upcoming US elections than by monetary policy outlooks, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
September brought a rare victory for Brazilian hedge funds as their cautious stance on domestic assets paid off, with funds including Legacy Capital and Ace Capital posting their strongest returns of the year, according to a report by Bloomberg.