Latest News
Appital, a peer-to-peer price discovery and liquidity sourcing technology for asset managers, has adde new functionality designed to stimulate natural liquidity among Appital’s buyside clients and discover pricing dynamics on larger ADV orders on their pad.
Hedge funds may be facing losses totalling billions of dollars due to a steep decline in the shares of Chinese e-commerce giant PDD Holdings, the parent company of budget retailer Temu, according to a report by Reuters.
TS Imagine, a global specialist in trading, portfolio, and risk management solutions, has launched Platform 3.0, which the company says is a significant upgrade to its suite of services designed for financial institutions.
Candriam, a global multi-asset manager with €145bn in AUM, has launched the Candriam Equities L ESG Market Neutral Fund which will target long and short investment opportunities based on both financial and ESG criteria.
Millennium Management is set to support Sone Capital Management, former Echo Street Capital portfolio manager George Panos’s new systematic market-neutral hedge fund firm, as part of a strategy to allocate more capital to external traders, according to a report by Bloomberg.
Kirin Holdings Co has postponed its purchase of a majority stake in Fancl Corp, setting a new 11 September deadline, amid challenges posed by significant share acquisitions by hedge fund MY.Alpha Management HK Advisors, which now controls over 10% of Fancl’s voting rights, according to a report by Bloomberg.Â
Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has launched support for Cardano staking.
MFA has submitted a comment letter in support of the goals of the European Securities and Markets Authority’s (ESMA) proposal to enhance access to market data through improvements to the MiFID II/MiFIR regime.
Growing concerns over the current hurricane season have negatively impacted returns at catastrophe bond hedge fund Fermat Capital Management, with the Swiss Re Global Cat Bond Performance Index returning 5.8% in H1, down from 10.5% in the same period last year, according to a report by Bloomberg.
Rick Lane, the former Chief Technology Officer for Core Engineering at hedge fund giant Citadel, has re-emerged at rival Millennium Management, taking on a role focused on trading technology, according to a report from eFinancial Careers.
