Latest News
As investors adjust to the prospect of a period of higher-for-longer interest rates, they are expecting hedge funds to generate higher returns, according to a report by Reuters citing a new survey by BNP Paribas.
Derivatives and securities exchange network Cboe Global Markets has made changes and new appointments to its senior leadership team, including the appointment of Catherine Clay to the new role of Global Head of Derivatives.
Falcon Investment Management Ltd, a UK-based multi-manager hedge fund platform, has partnered with alternative investment fintech FundFront for the launch of its upcoming emerging manager platform.
Multi-strategy hedge fund major Millennium Management has appointed Gideon Mann as its new Global Head of AI, Technology, with responsibility for building out a new team to help the firm “navigate the AI space”.
Nelson Peltz, the veteran activist investor and founder of hedge fund Trian Fund Management, is gearing up for a new multi-seat board challenge at Walt Disney, less than 10 months after the company set out a strategy to address his concerns, according to a report by Reuters.
A new change in US Securities and Exchange Commission disclosure rules is cutting the time limit for activist hedge funds and other investors to report when they have acquired 5% or more of a company’s stock, according to a report by Bloomberg.
Proposed regulations from the Asset Management Association of China which will impact the country’s RMB6tn hedge fund industry have prompted a pushback from several funds over concerns that they will increase operational costs and lessen competitiveness, according to a report by Bloomberg.
Caius Capital, an alternative investment manager focused on distressed and special situations, led a group of creditors in agreeing to provide a financing package aimed at boosting the balance sheet of the UK’s Metro Bank, according to a report by Bloomberg.
Propellant.digital, an analytics FinTech that captures and analyses global trading activity to drive business decisions, has made a senior addition to its team with the appointment of Oliver Haste as Head of EMEA Product.
Odey Wealth Management, a UK and Guernsey based former subsidiary of Odey Asset Management, is to close and return assets to clients in the wake of the multiple allegations of sexual assault and harassment made against the firm’s founder Crispin Odey, which he denies, according to a report by The Financial Times.
