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Brevan Howard, the Jersey-headquartered global macro hedge fund firm co-founded by Alan Howard, is tapping other hedge funds and banks around the world as it continues to look to add trading talent to its team, according to a report by eFinancial Careers.
DE Shaw has appointed Aloïs Savanne, a former product manager at payments fintech Airwallex in Shanghai, as a macro trader focused on discretionary currency and emerging markets, according to a report be eFinancial Careers.
BNP Paribas has appointed Scott Carter as Global Head of Investor Coverage serving hedge funds, asset managers, and Pension Funds – a strategic focus for the bank and at the core of its “bridge with corporates” initiative.
Genesis Global, a low-code application development platform for financial markets organisations, has launched a solution that aggregates new bond deal data for asset managers, accelerates investment decision making and streamlines how they request and receive allocations.
Bridgewater Associates has seen a surge in assets from wealthy Chinese investors on the back of strong performance by its flagship China fund, which has gained 11% this year as of August, according to a report by Bloomberg.
With the oil market tightening rapidly due to supply cuts from OPEC+, hedge funds have upped their bullish bets on both Brent and US crude to the highest levels seen in 15 months, according to a report by Bloomberg.
Robyn Grew, the Chief Executive Officer of Man Group, has been elected to the SBAI Board of Trustees as a replacement for Luke Ellis, Man Group’s former CEO who retired earlier this month, and has served on the board since 2016.
Digital asset investment products saw outflows totalling $54m last week, and have now seen outflows in eight of the last nine weeks totalling $455m, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Managed Funds Association has submitted a letter to the UK’s Financial Conduct Authority supporting the implementation of a consolidated tape for fixed-income markets, in response to the FCA’s consultation paper on the subject.
Dillon Eustace has appointed Etain de Valera as Head of its Asset Management & Investment Funds practice, succeeding Donnacha O’Connor, who continues working for the firm as Managing Partner and as a senior partner in the Asset Management & Investment Funds team.
