Latest News
LTX, a subsidiary of global fintech Broadridge Financial Solutions, has been awarded four fixed income trading patents covering bond similarity technology, dealer selection score technology, liquidity aggregation technology, and RFQ+ trading protocol.
Former UBS hedge funds specialist Roman Berri is to be named Head of Fund Offering at Julius Baer following long-serving incumbent Patrick Roefs’ decision to step down from the role next month, according to a report by CityWire.
Farrer Capital, a new agriculture-focused hedge fund co-founded by Adam Davis, the former Head of Commodities Trading at Merricks Capital, is looking to raise an initial $500m for investments, according to a report by Reuters.
A cryptocurrency hedge fund run by Parataxis Capital Management recorded a bumper 341% return last year, net of fees, on the back of winning bets on both bitcoin and solana, according to a report by Bloomberg.
CQS founder Michael Hintze is expected to relaunch his flagship hedge fund at new firm Deltroit Asset Management in March having agreed the sale of the $13.5bn CQS credit platform and the CQS brand to Manulife Investment Management in November last year, according to a report by Bloomberg.
BP is facing calls to ditch its commitment to cut oil and gas output as well other key parts of its strategy to make the company a provider of clean energy from activist investor, Bluebell Capital Partners, according to a report by the Financial Times.
Wrong-way bets on mortgage bonds and a recession saw Deer Park Road Management’s flagship hedge fund post its biggest annual loss since the fund began trading in 2008, according to a report by Bloomberg.
Millennium Management, the multi-strategy major founded by Izzy Englander, has pulled cash from Meridiem Capital Partners, three years after backing the stock-focused hedge fund to the tune of $1.5bn, according to a report by Bloomberg.
Law firm Otterbourg has promoted Michael Rich, who represents banks, hedge funds, PE funds, commercial finance companies and other institutional to a Member of the firm in its banking and finance department.
Crypto hedge funds’ AUM jumped in Q4 2023 to $15.2bn, a 41.62% increase on the previous total of $10.75bn, with fundamental strategies holding $11.4bn, quant directional funds $1.8bn, and market neutral funds $1.9n, according to the 2024 Institutional Crypto Hedge Fund & Venture Report by digital assets platform Galaxy.
