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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+).
While Hong Kong has long been seen as Asia’s leading asset management hub, the city has to take further steps to become a more attractive location of choice for alternative assets, according to a new report from AIMA produced in conjunction with KPMG.
Excessive payouts to poach staff made by some multi-strategy majors are fuelling a talent war in the global hedge fund industry, according to Marshall Wace Co-founder Paul Marshall and PAG Co-founder Chris Gradel.
Hedge fund JAT Capital wants to see a change of Chief Executive Officer at internet retailer Overstock.com as it blames incumbent Jonathan E Johnson III for the company’s poor performance, according to a report by Reuters.
Sanjay Shah, founder of hedge fund Solo Capital Partners, has failed in a last-ditch attempt at the Supreme Court in London to halt a £1.44bn UK trial over Cum-Ex dividend trades, according to a report by Bloomberg.
Sculptor Capital Management, the hedge fund at the centre of a takeover between Rithm Capital and an investor group led by Saba Capital Management boss Boaz Weinstein, has acquired more loans from French hotels operator AccorInvest Group SA, according to a report by Bloomberg.
