Latest News
Man Group, the world’s largest listed hedge fund, is among a number of investment firms increasing their exposure to convertible arbitrage, which seeks to capitalise on price discrepancies between a convertible bond and its underlying stock, according to a report by Bloomberg.
The European Energy Exchange has established a subsidiary in Japan to strengthen ties with local stakeholders including the trading community and authorities.
Hedge funds sold off US cyclical stocks at the fastest rate seen so far this year last week, also kicking off their largest sell-off of US industrial stocks in more than 10 years, according to a report by Morningstar.
Stuart Currey, APAC Head of Systematic Trading at Citadel Securities, has become the latest senior figure from the market-making firm to join multi-strategy hedge fund major Millennium, according to a report by eFinancial Careers.
Wellington, the flagship fund at Ken Griffin’s multi-strategy hedge fund firm Citadel, has surpassed $14.5bn in assets, having more than doubled in size over the past five years, according to a report by the South Florida Business Journal.
Engineers Gate, a New York-based quant firm founded nearly 10 years ago by Highbridge Capital co-founder Glenn Dubin which has more than $2bn in assets, is building out an office in Singapore, according to a report by Business Insider.
Hedge funds have increased their exposure to the so-called Magnificent Seven tech stocks to a record high on the back of Nvidia’s latest earnings report, which surpassed analyst expectations, according to a report by Bloomberg.
Nelson Peltz, the boss of activist hedge fund firm Trian Fund Management, has sold his entire stake in Walt Disney Co weeks after losing a proxy battle in April at the entertainment giant, according to a report by CNBC.
BlueFlame AI, a generative AI platform that enables alternative investment managers to search and analyse their data and workflows, has appointed Ed Chu, part of the founding team at quant hedge fund Kepos Capital, as Chief Technology Officer.
Digital asset investment products saw inflows of $1.05bn last week, the third consecutive positive week, taking cumulative YTD flows to a record $14.9bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Special Reports
FeatureD
- Insight
