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Geopolitical and economic factors may be behind a potentially significant shift in hedge fund investment and business strategy, including increased fundraising activity and diversification, according to a survey by Dynamo Software, a Bulgarian cloud software provider for the alternative investment management sector.
Bridgewater Associates, the world’s largest hedge fund firm, has had to be “rewired” as part of a push to improve investment performance, according to a report by the Financial Times quoting new Chief Executive Officer Nir Bar Dea.
Consumer discretionary – non-essential goods and services – was the most shorted stock sector in Europe as of 1 May, according to new analysis from exchange traded product issuer GraniteShares, accounting for almost a quarter (24%) of the top 100 shorted stocks.
New York-based bank JPMorgan Chase & Co will limit its interactions with Segantii Capital Management, a $4.8bn Asian hedge fund led by Simon Sadler, which is currently facing insider trading charges in Hong Kong, according to a report by Bloomberg.
Diversified systematic asset manager Florin Court Capital has appointed Mike de Groot as Managing Director – Product Management. De Groot previously worked with the Florin Court team at Man/AHL.
Ken Griffin’s multi-strategy major Citadel has recruited Georgios Kotsalis, a former Applied Scientist in Amazon’s core AI team as a Quantitative Researcher based in the firm’s office in New York, according to a report by eFinancial Careers.
EDXM Markets Holdings Global, a digital asset company for institutional customers, has launched its Singapore-based settlement platform, EDXM Global, which aims to streamline OTC transaction settlements with speed and reliability.
Digital asset investment products saw outflows for the fourth consecutive week totalling $251m as the new US spot bitcoin ETFs saw their first ‘measurable’ outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
South Korean regulator the Securities and Futures Commission (SFC) has asked prosecutors to investigate alleged capital markets rules violations by Australian hedge fund firm Regal Funds Management, according to a report by Bloomberg.
Hedge funds saw an estimated $9.9bn in investor withdrawals during March, a big increase on the $780m seen in February as the industry’s run of net outflows stretched to 22 consecutive months, according to a new report from Nasdaq eVestment.
