Latest News
IPC has partnered with Celoxia to deliver a hosted, fully managed, colocation solution for enhanced direct market access (DMA) and pre-trade risk management in Taiwan by combining Celoxia’s Market Access Gateway with its Connexus platform.
Hedge fund MFN Partners is pushing for the establishment of an official committee to represent shareholder interests in logistics company Yellow’s bankruptcy case, according to a report by the Wall Street Journal citing a securities filing.
Despite a predicted boom in allocations to alternative investments including hedge funds, private equity, private credit, and real estate, fundraising has slowed significantly in 2023, according to a report from the Financial Times.
Hedge funds have upped their exposure to the seven biggest technology company stocks to the highest level ever seen, just as Nvidia hit an all-time individual high after exceeding revenue expectations, according to a report by Reuters.
Investors in Lone Pine Capital, the hedge fund firm founded by Steve Mandel, made investment redemptions totalling around $3bn in the 12 month period to the end of June, despite performance recovering from a challenging 2022, according to a report by Bloomberg.
Hedge funds are likely expanding their basis trade activity, which exploits the price differences between future and their underlying bonds, with short sales of US Treasury futures having surged, according to a report by Bloomberg.
Digital asset investment products saw outflows totalling $168m last week, the highest level since the US regulatory crackdown on digital exchanges in March 2023, according to the latest Digital Assets Fund Flows report from CoinShares.
Improving optimism for emerging market equity futures has prompted hedge funds to increase their bullish positions in the asset class to the highest level seen since the pandemic three years ago, according to a report by Bloomberg.
Two Sigma Investments’ flagship onshore China fund posted a record monthly gain in July on the back of a commodities rally and is now near the top of returns rankings for the year to date, according to a report by Bloomberg.
Weiss Multi-Strategy Advisers, a New York-based hedge fund firm with around $3bn in assets under management, has axed four of its trading strategies as part of a review of its investment teams, according to a report by Bloomberg.
