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Wintermute Asia Pte Ltd, the digital asset derivatives trading arm of global algorithmic trading firm Wintermute Group, has made major updates to its CFD offering, including making it available for trading on its electronic OTC trading platform, Wintermute NODE.
Traditional hedge fund managers charged an average management fee of 1.8% annually in 2023, while managers offering bespoke strategies charged significantly less, with an average fee of 0.9%, according to the 2023 Seward & Kissel Established Manager Hedge Fund Study.
Special situations and event-driven hedge fund Irenic Capital Management has urged Kinaxis to conduct a strategic review, while cautioning the Canadian software company’s board against making “reactive decisions” or taking “half measures”, according to a report by Reuters.
Hedge funds and other investment firms are expected to significantly increase their budgets in 2025 for alternative datasets, which provide insights through data from sources like cell phone geolocation, credit card transactions, and satellite imagery, according to a report by Business Insider.
Glenview Capital Management, the long-short hedge fund firm led by Larry Robbins, is on track for its best annual performance in half a decade after posting another strong gain in August, according to a report by Institutional Investor.
Hedge fund Citadel has added several London-based portfolio managers to its Fixed Income and Macro business, with the $63bn hedge fund confirming three new hires who will take up their new roles between November of this year and mid-2025, according to a report by Reuters.
Hedge funds extended their winning streak to four months in a row in August taking overall YTD returns close to double-digit territory with a range of strategies delivering positive performance amid a spike in market volatility early in the month, according to the latest data from Citco.
Kuvari Partners, the hedge fund founded by Vikram Kumar, is set to return all external capital as the firm transitions into a family office amid mounting pressure on smaller hedge funds from the dominance of multi-strategy hedge fund giants, according to a report by Bloomberg.
Eisler Capital, the $4bn hedge fund currently transitioning from a macro fund to a multi-stragey trading operation, has seen another wave of departures as it grapples with underperformance and stiff competition for talent in the hedge fund industry, according to a report by Bloomberg.
A number of hedge funds, including Brevan Howard Asset Management and Millennium Management, are ramping up their Japan-focused trading teams amid heightened volatility in global markets driven by economic shifts and changes in monetary policy.
