Latest News
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.
CCS Partners, a newly established credit management firm specialising in structured and private asset-based transactions, has raised $4bn in commitments since its launch earlier this month, according to a report by Bloomberg.
Amazon.com Inc overtook Microsoft as the most favoured stock pick among hedge funds by the end of the second quarter, with 411 funds holding positions in the online retail giant as of 30 June, according to a report by Benzinga.
John Overdeck and David Siegel, the feuding Co-Founders and Co-Chairmen of hedge fund Two Sigma, are to step down from the day-to-management of the firm, and are handing over control to two new Co-Chief Executive Officers.
Opus Fund Services has now surpassed 1,000 digital subscriptions completed on its proprietary fund administration platform, which aims to accelerate and automate alternative investment managers’ capital raising efforts.
