Latest News
Global hedge funds have been reducing their exposure to US stocks for five consecutive days amid a broad sell-off in megacap tech-related stocks, according to a report by Reuters citing a note from Goldman Sachs.
Citadel, the multi-strategy hedge fund major founded by Ken Griffin, has appointed Andrew Pidgeon, a senior executive from Segantii Capital Management, to head its Asia-Pacific treasury team, according to a report by Bloomberg.
Horizon Trading Solutions, a provider of electronic trading solutions and algorithmic technology for the global capital markets, has partnered with Transaction Network Services to provide mutualised hosting services.
Mark Nordlicht, the founder of the now-defunct Platinum Partners hedge fund, has been sentenced to six months of home confinement for his role in a scheme to defraud bondholders of an oil and gas company, according to report by Reuters.
London-based digital assets hedge fund manager Nickel Digital Asset Management has reported record H1 performance for its systematic Diversified Alpha Fund of 18.6% net, according to data from BarclayHedge.
Arcesium, a provider of investment lifecycle and data management technology, has launched Opterra, an operational platform aimed at hedge funds, private market funds and other asset managers in optimising middle- and back-office functions across asset classes.
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.
