Latest News
Hedge fund manager Michael Burry, famed for his winning wagers against the US housing market ahead of the 2008 global financial crisis as depicted in the movie ‘The Big Short’, added  a bearish options position on semiconductors in Q3, according to a report by Reuters.
Several Asia-based hedge funds, are following in the fee-steps of global multi-strategy majors like Citadel and Millennium Management, by imposing additional charges on new clients to cover the escalating costs of attracting and retaining top talent, according to a report by Bloomberg.
Northern Trust Asset Management, a global investment management firm with $1.09tn in assets under management as of 30 September, 2023, has appointed Guido Baltussen, PhD as the firm’s new Head of Quantitative Strategies, International.
Azenta, a provider of life sciences services including genomics, cryogenic storage, automation, and informatics, has announced changes to its board in return for a commitment from activist investor Politan Capital Management not to push for seats, according to a report by Reuters.
Trillium Surveyor, a provider of post-trade surveillance and best execution software, has appointed Lisa Balter Saacks as President. Saacks joins the Trillium Surveyor team with a wealth of B2B, SaaS, and fintech expertise.
Talks over a potential tie-up between Millennium Management, the $60bn multi-strategy hedge fund firm led by Izzy Englander, and Schonfeld Strategic Advisors, have ended without an agreement being reached, according to a report by the Financial Times.
Hedge funds that employ long-short strategies have been hit by the imposition of a new cap on OTC derivatives by Chinese regulator the CSRC, with the country’s securities firms having been instructed to cease expanding their operations in this area, according to a report by Bloomberg.
Hedge funds and money managers have upped their bearish bets on on US oil fourfold in the past month as demand concerns return to markets, according to a report by Bloomberg citing data from the Commodity Futures Trading Commission.
Cboe Digital will become the first US regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform when it launches trading and clearing of bitcoin and ether margin futures in January.
Chicago-headquartered multi-strategy hedge fund firm Balyasny Asset Management has appointed Dan Childs, the former Head of European Prime Services Sales, EMEA at global investment bank Jeffries as its new Head, Cash and Liquidity Management, according to a report by The Trade.
