Latest News
Global financial services platform Marex has added Mark Ralph to its prime sales team based in London. In his new role, Ralph will serve hedge funds, family offices and private banks.Â
Jerome Saragoussi, Head of Macro Research and Strategy at Schonfeld Strategic Advisors, is leaving the firm to join Bridgewater Associates, the world’s largest hedge fund, in June, according to a report by Business Insider.
New York-based prime brokerage firm Clear Street has appointed Sean Hendelman, founder of T3, a trading, training and technology provider to professional traders, as Chief Executive Officer of its active trading division.
The prospect of softer US inflation bringing the outlook for monetary policy on both sides of the Atlantic closer in sync has pushed demand for options that pay out if the euro strengthens against the dollar over the next week to the highest seen since February, according to a report by Bloomberg.
Neil Phillips, the co-founder of hedge fund Glen Point Capital who was convicted of manipulating the US dollar-rand exchange rate to trigger a payout on a $20m option, should not be sent to prison, according to his lawyers.
Ahead of the Hedgeweek Emerging Managers US Summit, Bernie Yu, Chief Investment Officer at Patronus Capital Management, talks to us about being fiscally conservative in pursuing aggressive growth, investing in young talent and understanding the entrepreneurial spirit.
Digital asset investment products saw inflows totalling $130m last week, the first positive flows seen in five weeks, according to the latest digital assets fund flows weekly report from CoinShares.
Quant hedge fund Qube Research & Technologies has continued its recent hiring spree with the appointment of Simon Bannister as Quantitative Technology Director, from the London Stock Exchange Group, where he served as Infrastucture Programme Director.
Paris-based quantitative asset management firm TOBAM’s patented LBRTY strategy has surpassed $100m in AUM just six months after its launch, following an investment by a US-based endowment fund.
The US Treasury Department and the Securities and Exchange Commission have jointly proposed a number of new rules aimed at preventing the use of hedge funds and other investment vehicles to launder money or fund terrorist activity, according to a report by Bloomberg.
