Latest News
Winning bets on the rebound in Japan’s economy, economic trends, and the AI-powered tech stock rally, have helped position Asia hedge funds to post improved performance in 2023, according to a report by Bloomberg.
Derivatives marketplace CME Group is to launch CME FX Spot+, a new, all-to-all spot FX marketplace that will connect cash market participants with the company’s FX futures liquidity. The offering will be available for client testing in H2 2024.
Man Group, the largest listed hedge fund in the world, has partnered with the Columbia Center on Sustainable Investment to conduct research into how climate impact is defined and measured in fixed income and equity portfolios.
The board of directors of the Chartered Alternative Investment Analyst Association, the global professional body for the alternative investment industry, has unanimously elected John L Bowman as its President, effective from the beginning of 2024.
A slump in profits at TCI Fund Management has prompted the hedge fund firm to halve the dividend payment made to the its parent company, which is owned by billionaire founder Christopher Hohn, according to a report by Bloomberg.
TOP STORY: Palliser Capital, the hedge fund firm founded by James Smith, the former head of Elliott Management Corp’s operations in Hong Kong, is agitating for a raft of changes at Samsung C&T, the effective holding company of South Korean conglomerate Samsung Group, according to a report by Reuters.
JP Morgan Chase & Co’s Alejandro Arango has become the latest sell-side trader to jump ship to a hedge fund, joining multi-strategy major Millennium Management as a Portfolio Manager, according to a report by Bloomberg.
Dimitry Balasny, the boss of Balyasny Asset Management, has gone ‘back to school’ as part of an initiative to ensure the global multi-strategy hedge fund firm is able to recruit and train the ‘best people’, according to a report by eFinancial Careers.
Avelacom, a provider of connectivity & IT infrastructure solutions designed to improve market making, arbitrage and liquidity aggregation strategies, has completed its backhaul network upgrade, resulting in latency improvements between European and US exchanges and those in Asia and the Middle East.
Options Technology, a capital markets services provider has formed a new partnership with Systemathics, a solutions provider in the asset management and the algorithmic trading industry to launch a ‘next generation’ market data solution.
