Latest News
Bond market participants are predicting that hedge funds are likely to become increasingly important buyers of US Treasuries, providing liquidity in the world’s largest bond market at a time of rising investor concerns over supply-demand dynamics, according to a report by Reuters.
James Jampel, the founder of hedge fund HITE Hedge Asset Management, has admitted that recent strong increases in the price of oil means his strategy of shorting fossil fuel stocks is no longer viable, according to a report by Bloomberg.
While the traditional ‘2 and 20’ hedge fund fee structure has come under pressure in recent years, with managers varying their terms to attract and retain investors, Pershing Square Capital Management is benefitting from a ‘2 and 10’ approach to work, according to founder Bill Ackman.
Managed Funds Association has urged the Federal Trade Commission to withdraw its proposed amendments to the Hart-Scott-Rodino (HSR) premerger notification rules in a comment letter submitted this week.
A new multi-strategy hedge fund firm led by Millennium Management alumnus and the former head of Morgan Stanley’s prime brokerage operation in Asia, Kurt Baker, is looking to raise neatly $3bn as it seeks to establish itself as a regional rival to the likes of Citadel, according to a report by Bloomberg.
The activities of some hedge funds and brokerages engaged in quantitative trading have attracted the attention of Chinese financial markets regulator The China Securities Regulatory Commission, according to a report by Reuters.
European asset management major Amundi, has partnered with $1.5bn special situations hedge find firm, Sand Grove Capital Management to launch a new event-driven UCITS fund, the Amundi Sand Grove Event Driven Fund.
Anacapa Advisors, a Californian-based market directional hedge fund firm, has expanded its leadership team with two new senior hires – Sam Rosenberg as Head of Business Development, and Mark Wayner as Senior Fund Manager.
Hot on the heels of DE Shaw’s addition of a former fintech product manager in Singapore to its trading team, comes news that new quant fund Qube Research & Technologies has also hired a former fintech employee, according to a report by eFinancial Careers.
Crypto hedge fund Grayscale is looking to launch a new exchange-traded fund tracking ether futures, according to a report by Finance Feeds citing a US Securities and Exchange Commission (SEC) filing made on 19 September.
