Latest News
DE Shaw is one of a number of hedge funds buying exposure to blind pools of risk being sold by banks to reduce their regulatory burden, in the form of credit-linked notes that transfer the risk to the buyer in exchange for a coupon payment, according to a report by Bloomberg.
JPMorgan Chase & Co has added to its service offering for hedge funds with the acquisition of LayerOne Financial, an investment management platform that was spun out from Fortress Investment Group, by its OEMS subsidiary Neovest, according to a report by Bloomberg.
London-based quant hedge fund firm Qube Research & Technologies has added Zohar Melamed, formerly Chief Engineer for Wealth Management at Credit Suisse, to its team, according to a report by eFinancial Careers.
Weiss Multi-Strategy Advisers, a New York-based hedge fund firm started in 1978 by Founder and Chief Executive George Weiss, is winding down its operations after a challenging couple of years, according to a report by Bloomberg.
Propellant Digital, a technology provider of fixed income transparency and trading data analytics to hedge funds, fixed income dealers and other asset managers, has appointed Julie Briand as Head of Customer Success.
A number of distressed debt investors, including Attestor, Farallon Capital and Oaktree Capital, are set to benefit from bets that creditors of FTX Capital will recover more than expected, following the collapse of the cryptocurrency exchange.
New Holland Capital, an alternative investment manager overseeing more than $5bn in discretionary absolute return strategies for institutional clients, has appointed Michael Fox as a Partner and Head of Strategy.
Global clearinghouse Eurex Clearing plans to start clearing repo trades for hedge funds by mid-2024, according to a report by Bloomberg citing remarks made by executive board member Matthias Graulich at the Derivatives Forum in Frankfurt last week. Â
Commodities investments at Izzy Englander’s Millennium Management earned the multi-strategy major a solid $600m last year, but still far behind the bumper $4bn return for the asset class seen at rival Citadel, according to a report by Bloomberg.
A regulatory crackdown aimed at boosting investor confidence in China’s ailing stock markets saw short positions shrink by a third in February to the lowest level seen in three years, according to a report by Reuters.
