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Brevan Howard Asset Management has added Tekmerion Capital Management’s macro hedge fund to its platform, with Tekmerion’s systematic macro team set to manage both its own capital and money for other Brevan Howard funds, according to a report by Bloomberg.
Hedge funds returns measured by 0.42% in January, according to the gross return of the SS&C GlobeOp Hedge Fund Performance Index for the month. Hedge fund flows, meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.08% in February.
MarketAxess Holdings, the operator of an electronic trading platform for fixed-income securities, has appointed Ilene Fiszel Bieler as Chief Financial Officer, succeeding Christopher Gerosa, who left the company on 31 January.
A 90% fall in assets since 2016 has prompted Carlson Capital, the Dallas based hedge fund firm founded by Clint Carlson in 1993 which once managed about $9bn, to shutter its London office as part of a restructuring plan, according to a report by Bloomberg.
Digital asset investment products saw weekly inflows totalling $598m last week, marking the fourth consecutive week of inflows and taking year-to-date inflows have now to more than $5.7bn, according to a the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Despite prices falling to their lowest level in real terms since futures trading began in 1990, hedge funds and other professional traders have turned ultra bearish on their outlook for the US gas market, according to a report by Reuters.
Hedge funds are cashing out of the tech sector and selling their stock holdings at the fastest pace seen in seven months, after piling in over the weeks leading up to Nvidia’s earnings, according to a report by Bloomberg.
Tristan Almada, a Derivatives Trader at Singapore-headquartered commodity trading firm Trafigura, has left the business to launch his own commodities-focused hedge fund firm, Almada Capital, according to a report by Bloomberg.
Jain Global, the hedge fund firm founded by ex-Millennium CIO Bobby Jain and gearing up for a much anticipated launch in July, had added another Portfolio Manager to its team with the appointment of Suraj Chopra, according to a report by eFinancial Careers.