Latest News
Man Group, the world’s largest listed hedge fund firm has reported its first set of results since Robyn Grew assumed the role of CEO, with assets under management increasing to $161.2bn, just short of analyst expectations, according to a report by Reuters.
Bridgewater Associates, one of the world’s biggest hedge funds, has made two additions to its operating Board of directors, with the appointment of risk expert Helene Glotzer and AI expert Jason Warner, according to a report by Reuters.
The complexity of trade surveillance is continuing to grow, as firms struggle with record volatility, high volumes and fragmented markets, according to a new research report from Acuiti, a management intelligence platform for serving hedge fund, proprietary traders and asset managers.
Siepe, a provider of technology-enabled services and compliance and reporting for the credit and hedge fund industries, from emerging managers through to more complex, mature hedge funds, has appointed Mark Schultis as an Advisor.
Itau Asset Management, a Brazil-based money manager inspired by Ken Griffin’s Citadel and Izzy Englander’s Millennium Management, has appointed Bruno Serra, a former director at Brazil’s central bank, to raise money for a new family of funds in its mulitmesas (multi-strategy) unit.
Confidence among hedge funds managers globally is on the increase with the Alternative Investment Management Association’s Hedge Fund Confidence Index rising by seven points to 21.6 in the third quarter of year from 14.6 in Q2.
Octagon Credit Investors, a credit-focused investment manager overseeing $35bn in total assets, has appointed Gretchen Lam, Senior Portfolio Manager, as the successor to Chief Executive Officer Andrew Gordon, effective January 1, 2024.
Activist hedge fund Elliott Investment Management wants a Berlin court to order a special audit into a large loan provided by German landlord Deutsche Wohnen SE to its controlling shareholder Vonovia SE last year, according to a report by Bloomberg.
Bloomberg has launched IBVAL Front Office, a new solution that can price around $30,000 credit securities as fast as every 15 seconds and can capture a new bond issue moments after the security is available for secondary trading.
Activist hedge fund Starboard Value has begun agitating for change at News Corp, including a $7bn (£5.7bn) sell-off of the company’s online property business, having built a stake in Rupert Murdoch’s media empire, according to a report by The Guardian.
