Latest News
Hilbert Capital, a quantitative investment company specialising in algorithmic trading strategies in digital asset markets, recorded a 92.7% gain with its long-only, non-levered Hilbert V100 Fund in 2023.
McKay Brothers, a provider of ultra-low latency wireless infrastructure and market data technology, has deployed the lowest known latency private bandwidth between key New Jersey equity exchanges and TMX Group exchanges in Markham, Ontario.
Bridgewater Associates’ flagship macro hedge fund, the Pure Alpha II Fund, saw 7.5% of YTD gains wiped out in the final two months of last year to finish 2023 with a 7.6% decline, according to a report by Bloomberg.
North American hedge fund managers, and US managers in particular, are more confident about the prospects for their businesses going into 2024 than their global peers, according to the latest AIMA Hedge Fund Confidence Index.
International sports betting and gambling company Entain, the owner of a number of brands including Ladbrokes and Coral, has succumbed to pressure from activist hedge fund investors with the appointment of Eminence Capital founder Rick Sandler as a Non-Executuve Director, according to a report by the Financial Times.
Pershing Square Capital Management, the hedge fund firm founded by Bill Ackman, bounced back from its loss-making 2022, with a return of 26.7% last year, beating the broader stock market, according to a report by Reuters.
Quant hedge fund Squarepoint Capital has added to its teams in both Singapore and London with the appointments of Roman Colas as a quant researcher and Nicolas Landon as a fixed income quant researcher, according to a report by eFinancial Careers.
Digital asset investment products saw $2.25bn of inflows for the full year in 2023, marking it as the third best year based on data back to 2017, according to the latest Digital Asset Weekly Fid Flows report from CoinShares.
Ken Griffin’s Citadel outperformed several big name multi-strategy rivals, including Millennium Management and Eisler Capital, in a challenging 2023, chalking up a 15.3% return for its main Wellington hedge fund, according to a report by Reuters.
AIMA, one of the world’s largest hedge-fund associations has voiced concerns over Hong Kong’s proposed rules for “market soundings”, saying they risk imposing an undue compliance burden on companies and people licensed in the city, according to a report by Bloomberg.
