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Hong Kong-listed company Wealthink AI-Innovation Capital has invested in a hedge fund run by Tide Capital, an investment firm focused on bitcoin and bitcoin ecosystem investments.
Hedge fund Coatue Management ditched its holding in Apple during the first three months of the year, while fellow Tiger cub Viking Global built a sizeable new position in the tech giant, according to a report by Reuters.
The world’s largest futures exchange CME Group is aiming to capitalise on this year’s surge in money managers’ demand for cryptocurrency exposure with the launch of bitcoin spot trading on its platform, according to a report by the Financial Times.
Hyperion Decimus, a digital asset management firm and a sponsor of a multi-strategy crypto hedge fund, has launched the HD CoinDesk Acheilus Fund, a strategy that will invest in digital assets leveraging institutional grade fiduciary management.
BCA Research, a provider of independent macro investment research to hedge funds and other asset management firms, has appointed Jing Sima as China Strategist. Sima will work closely with Arthur Budaghyan, BCA Chief EM/China Strategist.
Quant hedge fund Renaissance Technologies was positioned to benefit from the meme stock mania sweeping the US this week, having added a new long position in GameStop and significantly increased its position in AMC Entertainment during Q1, according to a report by Reuters.
BlockTower Capital, an investment firm with $1.7bn in AUM, has experienced a security breach in its main hedge fund, leading to partial losses, according to a report by Bloomberg citing people familiar with the matter.Â
Jain Global, the hedge fund founded by former Millennium Co-Chief Investment Officer Bobby Jain which is set to make a much anticipated debut next month, has appointed David Salpeter as Head of Leveraged Finance in New York.
A 3.8% decline in April has prompted Brazilian hedge fund Verde Asset Management, which has a track record of strong performance since launching in 1997, to pare its bets on both domestic stocks and falling interest rates, according to a report by Bloomberg.
Lightkeeper, a provider of portfolio intelligence tools to the hedge fund sector, has launched Idea Analytics Software (IAS), a software solution purpose-built to deliver comprehensive analysis and attribution for all investment ideas.
