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Qube Research & Technologies has been on an aggressive hiring spree in the first half of 2024, adding several quantitative technologists from a diverse range of backgrounds to its new London office in the last month alone, according to a report by eFinancial Careers.
Equity long-short strategies outperformed others with average gains of 2.7% for the second quarter of the year with global macro managers in particular underperforming, according to investment firm Unlimited’s Hedge Fund Barometer.
Segantii Capital Management has returned more than 90% of its client capital, just under two months after informing investors of its decision to return their funds, according to a report by the Business Times citing unnamed sources familiar with the matter.
A Canadian hedge fund trader has been sentenced to four years in prison by a court in Ontario after defrauding investors by providing false information about their returns, according to a report by Bloomberg.
Digital asset investment products saw further buying on price weakness with inflows of $1.44bn, the fifth highest weekly total on record, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
GoldenTree Asset Management has held the closing of a €404m collateralised loan obligation to be managed by GLM III, bringing the total number of CLOs issued under the firm’s GLM CLO strategy to 28, totalling over $15bn.
Jordan Chirico, a former portfolio manager at Jefferies Financial, has resigned from his new role at restaurant franchiser FAT Brands, just two weeks amid serious fraud allegations linked to his previous position, according to a report by Bloomberg.
Global institutional trading network Liquidnet has appointed Jeffrey Crane as Head of International in the Americas. Crane is based in New York and reports directly to Alan Polo, Head of Equity Sales and Trading, Americas.
Global hedge funds have reduced their exposure to US software stocks to “new multi-year lows” following a broader sell-off in the technology sector, according to a report by Reuters citing a recent note from Morgan Stanley’s prime brokerage division.
Dmitry Green, the former Chief Risk Officer (CRO) at Rokos Capital Management, has left the firm approximately six months after it appointed a second individual to the same position, according to a report by Bloomberg.
