Latest News
The South Korean government has appealed a British court’s decision to dismiss its lawsuit aimed at overturning an international tribunal’s order to pay approximately $100m in damages to US hedge fund Elliott Investment Management, according to a report by the Korea Times.
Connecticut-based Bridgewater Associates, one of the world’s largest hedge fund managers, is expanding its office footprint with the opening of a new operation in New York. The firm is to lease space in Manhattan to complement its current HQ in Westport.
Tidan Capital, the Stockholm-based boutique hedge fund firm founded in 2020 by Brummer & Partners alumni Michael Falken, William Wilson, and Aram Hussein, has appointed Serge Houles as the company’s new Chief Executive Officer.
Millennium Management, the multi-strategy hedge fund major founded by Izzy Englander, is aiming to raise between $7bn and $10bn in new capital as part of a strategy to secure a more permanent funding structure for the firm, according to a report by Bloomberg.
Concerns over the impact on oil furures prices from a potential oversupply have seen hedge funds turn net bearish on Brent crude for the first time ever, according to a report by Bloomberg citing data from ICE Futures Europe and the Commodity Futures Trading Commission.
Derivatives and securities exchange network Cboe Global Markets is to launch trading of its previously announced new Cboe S&P 500 Variance Futures on Monday, 23 September, on the Cboe Futures Exchange.
August proved to be a strong month for hedge funds specialising in life sciences and biopharma stocks, with several firms reporting solid gains that helped many return to positive territory for the year, according to a report by Institutional investor.
Hedge funds are ramping up wagers on the yen’s continued strength, with the Japanese currency surging by another 1% on Friday, as traders bought options against the Australian dollar, Swiss franc, and offshore Chinese yuan, according to a report by Bloomberg.
Zodia Custody, an institution-first digital asset custodian, whose shareholders include Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has launched an integration with the Solana stake automation platform, Marinade.
Arrowpoint Investment Partners, one of the largest hedge funds launched in Asia this year, is rapidly expanding its presence in Hong Kong and has taken on an entire floor at the newly built Six Pacific Place in Wanchai, according to a report by Reuters.
