Latest News
Northern Trust Hedge Fund Services has significantly expanded its platform to accommodate growing interest from hedge funds and other asset managers in energy and physical commodity investments and demand for tools to manage the complexities of trading in these markets.
Millennium Management, the $68bn hedge fund multi-strategy major, has closed two of its investment teams in Asia, leading to the departure of two portfolio managers, according to a report by Bloomberg citing an unnamed source familiar with the situation.
Managed Funds Association, a representative body for the global alternative asset management industry, has called for the swift implementation of a properly calibrated consolidated tape in the European Union in a comment letter to the European Securities and Markets Authority today.
London-based Capula Management, one of Europe’s largest hedge funds with over $30bn in assets, has made a substantial foray into the cryptocurrency market with a nearly $500m investment in bitcoin ETFs, according to a report by Tech Business News.
Bridgewater (China) Investment Management, the Chinese subsidiary of US hedge fund giant Bridgewater Associates, is set to appoint a new portfolio manager, according to a report by Caixin Global.
Magnetar Capital, the $17.5bn money manager known for alternative credit and hedge fund investing, has closed a new $235m venture capital fund – the Magnetar AI Ventures Fund – which will focus on investments in generative AI startups.
Hedge funds and large speculators have ramped up their bullish positions on gold to the highest level in more than four years, driven by expectations of earlier and more significant monetary easing by the Federal Reserve, according to report by Bloomberg.
Elliott Investment Management, the activist hedge fund with a significant stake in Southwest Airlines, has issued a stern warning to the airline – change leadership or face a potential proxy fight – ahead of a first meeting between the two parties on 9 September, according to a report by Reuters.
Bearish hedge fund positions on US two-year and 10-year Treasury note futures have surged to record levels, according to a report by Reuters, citing data released by the Commodity Futures Treading Commission (CFTC).
Senator Investment Group, the long-short, event-driven hedge fund firm founded by Alexander Klabin and Douglas Silverman in 2008, has taken the last available space at Zero Irving, a new development at 124 East 14th Street in Union Square, New York, according to a report by Commercial Observer.
