Latest News
Global hedge funds are moving quickly to set up in India, a market that has previously received limited attention, according to a report by Reuters.
High-Flyer Quant, a China based hedge fund, has suspended its co-founder Xu Jin from work due to his “improper handling of a family matter”, according to a report by Reuters.
Exegy, a developer of trading solutions for the financial industry, ihas announced that FIX protocol support is now available on nxFramework, an FPGA-based development framework designed to reduce server resource consumption by as much as 10-20 times.
Värde Partners, a global alternative investment firm, has appointed Brad Bauer has joined to lead the firm as Co-Chief Executive Officer, along with current CEO Ilfryn Carstairs.
Millennium Advisors, a fixed income broker-dealer, has appointed Dylan Blair as a Managing Director and Global Head of US Dollar Credit Trading. Blair will be responsible for the coordination and management of Millennium’s global credit trading teams across a range of markets and is mandated to further leverage the existing capabilities of Millennium into new trading opportunities.
Hedgeweek has announced the winners of its US Awards 2023, which recognises excellence among fund managers and service providers in the US across a wide range of categories.
Hedgeweek and Private Equity Wire have announced the winners of the European Credit Awards, which recognise excellence in fund performance and service provider excellence across credit funds.
Izzy Englander, the billionaire founder of Millennium Management LLC, was quoted saying that there is “a talent bubble” in the hedge fund industry in part to long non-compete clauses which is forcing funds to pay more for better talent, according to a report by Business Insider.
Snapper Creek Energy, a data-driven commodity brokerage specialising in traditional, renewable, and transitional energy markets, has been launched energy industry veteran Sid Perkins.
Neil Phillips, the co-founder of Glen Point Capital, was found guilty of fraud by a federal court in Manhattan, according to a report by the Financial Review.
