Latest News
Jain Global, the new multi-manager hedge fund firm launched by former Millennium Management Co-Chief Investment Officer Bobby Jain, has hired Squarepoint Capital’s Ali Rauf as a portfolio manager, according to a report by Financial News.
Hong Kong’s Market Misconduct Tribunal has ordered Jonathan Dominic Iu Wai Ching, a former responsible officer of hedge fund Tarascon Capital Management (Hong Kong), to disgorge illicit profit of over $5.6m from false trading.
Avelacom has expanded its low latency solution portfolio for access to the Brazil Stock Exchange by completing its network certification and becoming an RCB (Rede de Comunicação B3 – B3 Communications Network) provider.
Southwest Airlines Co has adopted a shareholder rights strategy, commonly known as a “poison pill,” in a bid to prevent activist hedge fund firm Elliott Investment Management from increasing its stake in the business, according to a statement released by the US carrier.
Confidence among hedge fund managers dipped in the second quarter of the year, falling below the historical average as measured by AIMA’s Hedge Fund Confidence Index, although managers remain generally optimistic about the prospects for their businesses.
Steve Cohen’s Point72, Ken Griffin’s Citadel and Izzy Englander’s Millennium Management emerged as the top performers in the first six months of 2024, marking a strong recovery for major Wall Street hedge funds after a sluggish 2023, according to a report by Business Insider.
ANZ has launched the Graphene Alternative Fund, an absolute return strategy for high net worth investors that is designed and managed by Blackstone’s Blackstone Multi-Asset Investing division.
Energy and commodity exchange the European Energy Exchange and IncubEx, an environmental commodity and climate risk product development firm, will launch a new suite of Guarantees of Origin futures contracts on 2 September.
Shiprock Capital Management, a London-based investment management firm focused on global distressed and special situations investments, has appointed Yacine Bourezak as Senior Analyst.
Crypto derivatives exchange BitMEX has launched the MEMEMEXTUSDT Basket Index Perpetual Swap Contract, which offers traders exposure to the top 10 meme coins in the market through a single contract.
