Latest News
Walleye Capital’s $4.8bn multi-strategy hedge fund delivered impressive results in August, outperforming some of the industry’s biggest names, including Citadel, Millennium, and ExodusPoint, according to a report by Business Insider.
The Securities and Exchange Commission has settled charges against a former Florida-based cryptocurrency hedge fund Galois Capital Management for failing to comply with requirements related to the safeguarding of client assets.
Naveed Malik, who spent nearly four years as the global head of systematic data at multi-strategy hedge fund major Millennium in New York, has joined the Abu Dhabi Investment Authority (ADIA) as the Global Head of Quantitative Research and Development, according to a report by eFinancial Careers.
3forge, a specialist in High Impact code solutions for business-critical applications for hedge funds, Tier-1 global banks, asset managers, exchanges, and sovereign wealth funds has closed on an investment by Morgan Stanley.
Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various providers and regions, according to the latest Digital Assets Funds Flows weekly Report from CoinShares.
BlueCrest Capital Management, the hedge-fund-turned family office founded by Michael Platt, has launched a new currency trading platform named BlueX, marking its entry into the rapidly expanding foreign exchange market, according to a report by Bloomberg.
Hedge funds closed the performance gap with global equities in July 2024, according to Preqin with the data provider’s All Hedge Fund Index up by 1.61% over the month, just 17 basis points behind the MSCI World Index, which posted a 1.78% gain.
Two London-based hedge funds – Kite Lake Capital Management and Astaris – are preparing to close their doors to new investors, even as the broader hedge fund industry is facing significant capital outflows amounting to tens of billions of dollars, according to a report by Bloomberg.
Global alternative investment management firm Man Group, the world’s largest listed hedge fund firm, has appointed Lee Matthews as Managing Director, Head of Retail Sales for the UK, replacing Richard Phillips, who is retiring after 27 years with the firm.
Morgan Stanley is targeting hedge funds as part of renewed efforts to reclaim its top position in stock trading, a title it lost to Goldman Sachs following the collapse of Archegos Capital Management in 2021, according to a report by the Financial Times.
