Latest News
The Managed Funds Association has called on the Financial Industry Regulatory Authority to limit its proposed securities loan reporting rules to the scope mandated by the US Securities and Exchange Commission (SEC).
David Einhorn’s Greenlight Capital experienced a positive turnaround in July with a 3% climb, effectively rebounding from a significant loss in the previous month, according to a report by Institutional Investor.
South Korea has lost its appeal against a ruling that ordered the country to pay more than $100m to US hedge fund Elliott Management, according to a report by Reuters. The dispute centres on the 2015 merger of two Samsung affiliates.
BNP Paribas Wealth Management has lost the services of Agnes Sng, Managing Director and Regional Head of Investment Funds Advisory for Hong Kong and Singapore, according to a report by Fund Selector Asia citing an unnamed source familiar with the matter.
Goldman Sachs has revealed that hedge fund allocations to China have reached their lowest level in five years, amid heightened investor apprehensions about the country’s economic prospects and regulatory landscape, according to a report by Reuters.
Global macro major Brevan Howard now has 100 staff working from its office in Abu Dhabi, making it the first global hedge fund firm in the United Arab Emirates to reach the headcount milestone, according to a report by Financial News.
New York-headquartered multi-strategy hedge fund firm Walleye Capital is to close its Houston office, with Jim Rowe, Senior Portfolio Manager and Managing Director, also leaving the business, according to a report by Bloomberg.
Several high-profile hedge funds including Balyasny, Man Group, Winton and Bridgewater Associates are rekindling their interest in portable alpha strategies, which seek to ‘decouple’ alpha from beta to capture market-beating returns, according to a report by Business Insider.
SEI and Canoe Intelligence have launched a new integration aimed at family offices, automating the transmission of private equity and hedge fund valuations as well as private equity call and distribution data, via the SEI Archway Platform.
As the path of interest rates in Europe becomes clearer, hedge funds are increasingly capitalising on range-bound markets by systematically selling rates volatility, according to a report by Risk.net, citing data from dealers.
