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Rokos Capital Management, the hedge fund run by Brevan Howard Co-Founder Chris Rokos, has extended its year-to-date gains to around 20%, affirming its position as one of the best performing macro firms so far in 2024, according to a report by Bloomberg.
Compliance software solutions specialist Encore Compliance has enabled management of Material Non-Public Information as part of its generative AI expert call surveillance technology, directly aligning with greater scrutiny by the SEC on the effective handling and prevention of insider trading risks.
US hedge fund firm Garda Capital Partners has expanded its yen rates trading capability with the appointment of JPMorgan Chase & Co Managing Director Yoichi Takemura as a Portfolio Manager in the firm’s Singapore office, according to a report by Bloomberg.
Man Group, the world’s largest listed hedge fund firm, has appointed Putri Pascualy as a Senior Managing Director, Client Portfolio Manager to lead the firm’s client engagement and strategic efforts on private credit and direct lending.
MFA, a representative body for the global alternative asset management industry, has submitted a comment letter to the FCA urging the authority to withdraw its proposal to publicly name financial firms under investigation.
Sculptor Capital Management, an alternative investment company operating multi-strategy, credit and real estate strategies, has closed a €354m European collateralised loan obligation, Sculptor European CLO XI.
A regulatory crackdown on the so-called basis trade, a hedge fund strategy that looks to exploit price differences between Treasury futures and bonds, could cause a “significant” hit to short-dated credit markets, according to strategists at UBS Group.
Hedge fund allocations by ultra high net worth individuals (UHNWIs) have fallen to 2% of their investment portfolios from around 12% over the past 16 years, and the asset class is effectively “dead” as an investment opportunity for the super rich, according to a report by CNBC citing Michael Sonnenfeld, Founder and Chairman of Tiger 21 — a network of UHNWIs and entrepreneurs.
ActusRay Partners, a Hong Kong-based hedge fund firm backed by the city’s investment major Sun Hung Kai & Co, has more than doubled its assets to over $700m since the start of 2023, despite a challenging environment that has seen many of its peers struggle, according to a report by Reuters.
Hedge funds upped their purchases of technology stocks at the fastest pace seen in more than a year last week, driven by an increase in both long positions and short covering, according to a report by Bloomberg.
