Latest News
Umair Khan Marwat has left Chicago-headquartered Balayasny Asset Management after an almost two-and-a-half year stint as trader, to take up the same position at multi-strategy rival Millennium Management, according to a report by The Trade.
Lumina Capital, a Brazilian alternative asset management firm founded by former Morgan Stanley Brazil head Daniel Goldberg, has acquired a minority stake in hedge fund Verde Asset Management from Credit Suisse Group, according to a report by Bloomberg.
Digital asset investment products saw inflows totalling $293m last week, bringing this current seven-week run of inflows to over $1bn in total, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Torstone Technology, a SaaS provider of post-trade securities and derivatives processing solutions, has successfully completed product certification of its Middle Office product with DTCC’s CTM service.
Proprietary trading firms are planning to expand their FX trading operations and increase investment budgets in 2024, according to the the latest Proprietary Trading Management Insight Report from derivatives industry management intelligence platform Acuiti.
Trikon Asset Management Ltd, the Hong Kong-based hedge fund firm founded by Moore Capital alumnus Gaurav Grover, is to cease operations after about five years of trading, according to a report by Bloomberg.
Newton Investment Management, a $111bn London-based investment boutique owned by BNY Mellon, which is seeking seed capital to enter the hedge fund multi-manager business, has hired Liliana Castillo Dearth as Head of Emerging Market and Asia Equities.
Hunterbrook, a VC-backed hedge fund firm, has begun hiring financial journalists who will operate independently from, but provide support to, its research team in identifying possible investments, according to a report by the Financial Times.
Global hedge funds topped their bearish positions in US financial stocks to the highest level seen in nearly five years last week, according to a report by Reuters citing data from Goldman Sachs prime brokerage division.
London-based multi-strategy firm Eisler Capital has become the latest hedge fund to limit the amount of money investors can withdraw from the firm’s funds, as demand for its services increases, according to a report by Bloomberg.
