Latest News
Investors pulled $667m from Sculptor Capital Management’s main hedge fund during the third quarter of the year marking the sixth consecutive quarter of net redemptions for the fund, according to a report by Bloomberg.
Elliott Investment Management the US-based activist hedge fund firm founded by Paul Singer, is looking to raise up to $7bn in new cash from investors to take advantage of stressed and distressed trading opportunities, according to a report by Bloomberg.
Pierre Andurand, a renowned oil trader and the founder of commodities hedge fund firm Andurand Capital believes better-than-expected oil supplies have been the trigger for recent falls in the price of crude oil, according to a report by Bloomberg.
The China Securities Regulatory Commission, the country’s securities watchdog, wants brokerages to limit the amount of leverage available to hedge funds that borrow large sums of money via a complex derivative business to trade stocks, according to a report by Reuters.
Christopher N Gerosa, Chief Financial Officer at MarketAxess Holdings, the operator of an electronic trading platform for fixed-income securities, is to step down from his role, effective 31 January, 2024.
Hedgeweek has announced the winners of the European Emerging Manager Awards 2023, which recognise excellence among hedge fund emerging fund managers and service providers.
Frederico Lupi has been appointed as co-head of Pictet Asset Management’s Agora long/short fund, amid a steep decline in assets from €1.66bn in February 2021 to €1143m at the end of last month, according to report by CityWire.
David Einhorn, the founder of hedge fund Greenlight Capital, which has chalked up a return of 27.7% in the first nine months of 2023, is “worried about the direction of the market”, according to a report by Reuters.
FlexTrade Systems, a global specialist in multi-asset execution and order management systems, has appointed industry veteran Michael Kovach as its new Head of Fixed Income Sales in the Americas.
Bloomberg has formed a strategic collaboration with Databricks, the data and AI company, allowing mutual customers to access Bloomberg’s extensive data offerings via Data License and cloud-based data management solution Data License Plus (DL+).
