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Hermes Intelligence has named Daniel Sako as its new Chief Executive Officer. Sako brings extensive experience in alternative data, having developed products at Man Group and Balyasny Asset Management that contributed directly to portfolio managers performance.
Jasjeet Sekhon, a senior figure at Bridgewater Associates, is set to join Google DeepMind as chief strategy officer, marking a high-profile move from the hedge fund industry into artificial intelligence, according to a report by Reuters.
BlackRock’s Fixed Income Chief Investment Officer Rick Rieder is seeking investor capital for a new hedge fund, marking his first such launch in years, after being passed over for the top role at the US Federal Reserve, according to a report by Bloomberg.
Multi-strategy major Millennium Management is assessing plans to expand its presence in Jersey as some employees look to relocate from Dubai amid ongoing geopolitical tensions in the Middle East, according to a report by the Financial Times.
Executives from hedge fund Kirkoswald Asset Management and hedge fund-turned family office BlueCrest are among a group of international investors visiting Caracas this week, as Venezuela signals a potential reopening to foreign capital, according to a report by Bloomberg.
Hedge fund founder George Weiss has lost a defamation lawsuit against Jefferies Financial Group, marking the latest development in a long-running dispute over a $100m debt tied to his firm, Weiss Multi-Strategy Advisers report Bloomberg.
SS&C Technologies Holdings, Inc has reported a modest uptick in its latest hedge fund redemption gauge, with the firm’s GlobeOp Forward Redemption Indicator rising to 1.90% in March 2026, compared with 1.79% in February.
Jonathan Simpson-Dent, chairman of Edinburgh Worldwide Investment Trust (EWIT), has criticised UK regulator the Financial Conduct Authority (FCA) for failing to act decisively against activist hedge fund campaigns, according to a report by The Times.
Multi-strategy hedge funds that spent heavily to attract talent over the past several years may now be feeling the strain, as turbulent markets and early losses put some of those expensive hires under pressure, according to a report by eFinancial Careers.
Hedge funds and other investors are increasing exposure to Chinese renewable energy stocks as the oil price spike triggered by the Iran conflict reshapes global energy expectations and investment flows, according to a report by Reuters.
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