Latest News
Brazilian hedge fund SPX Capital is undergoing a significant organisational reshuffle, with senior portfolio managers, including partner Marcelo Castro, departing and the firm set to close its London office as part of a broader strategic overhaul, according to a report by Bloomberg.
The decentralised finance (DeFi) sector is facing renewed pressure after a series of high-profile cyber attacks triggered a sharp pullback in investor capital and raised fresh questions over the resilience of blockchain-based financial systems, according to a report by the Financial Times.
Digital asset investment products saw $117.8m of inflows last week, the fifth consecutive positive week, although the weekly total masks four days of outflows reversed by a single strong session on Friday, according to data from CoinShares.
The UK Financial Conduct Authority (FCA) has defended its decision to fine and ban hedge fund manager Crispin Odey from the financial sector, telling a London tribunal that he had demonstrated a pattern of “threats, distortion of facts and falsification” in his dealings, according to a report by the Financial Times.
Man Group, one of the world’s largest listed alternative investment firms with approximately $228.7bn, is moving forward with plans to establish a presence in Abu Dhabi and has submitted an application for a license to operate in the emirate.
Sydney-based hedge fund Regal Partners Ltd is on track to attract more than AUD2bn ($1.4bn) in net inflows this year, driven by growing demand for strategies designed to protect portfolios against inflation amid ongoing geopolitical tensions, according to a report by Bloomberg.
European natural gas traders are increasingly turning to options markets to protect against a potential surge in prices next winter, as ongoing conflict in the Middle East continues to disrupt global energy flows, according to a report by Bloomberg.
XA Investments (XAI) is set to bring a $91m closed-end tender offer fund from Evanston Capital Management into its fund platform, further expanding its lineup of alternative investment vehicles aimed at wealth management channels, according to a report by CityWire.
Hedge fund Citadel is accelerating its expansion in Miami, according to billionaire founder and CEO Ken Griffin, as debate intensifies over New York City’s proposed tax measures targeting high-value second homes, according to a report by Reuters.