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Luis Stuhlberger, the CEO and CIO of Verde Asset Management, a Sao Paolo-based hedge fund managing BRL24bn ($4.8bn) and one of the country’s largest independent asset managers, is looking to China’s smaller companies after the selloff in China’s equity market at the start of 2024, according to a report by Bloomberg citing an investor note.
Soaring energy supplies coupled with subdued demand means that a further slump in EU carbon permits is on the cards, according to a report by Bloomberg citing veteran hedge fund manager Per Lekander, CEO of Clean Energy Transition.
Goldman Sachs & Co has achieved a greater than 99% same day affirmation rate and a significant improvement in settlement rates for transactions leveraging the Depository Trust & Clearing Corporation’s CTM’s Match to Instruct workflow in Q4 2023.
Logan Capital Management, a Pennsylvania-based hedge fund manager running a series of separately managed accounts in equity and fixed-income strategies, has appointed Elizabeth Fugler as Managing Director of Institutional Sales and Client Service.
Global hedge funds bought more stocks than they sold for the second consecutive week last week, mainly in ‘cyclical’ sectors such as energy, industrials and materials, amid an “almost no panic” market, according to a report by Reuters.
Anthony Vaccarino, a former Portfolio Manager at Steve Cohen’s SAC Capital Advisors, has teamed up with his old boss again joining Point72 Asset Management’s capital markets team, where he will report to Andrew McEntire.
London-based asset management firm Silchester International Investors has built a 5% stake worth around £120m ($152m) in ITV, the UK’s largest commercial television broadcaster, according to a report by Morningstar citing regulatory filings.
Alternative fund managers are concerned about the growing threat they face from money laundering risks and their organisation’s focus on anti-money laundering management is set to increase over the next 24 months, according to new research from Ocorian, a provider of regulation and compliance services for funds, corporates, capital markets and private clients.
Digital asset investment products saw inflows of $1.1bn last week, bringing year-to-date inflows to $2.7bn, and AUM to its highest level since early 2022 at $59bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
AGF Management has made a strategic investment in New Holland Capital, a New-York based multi-strategy investment manager with more than $5bn in AUM and more than 17 years of experience in absolute return investment strategies.
