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Rob Shafir, a former Chief Executive officer at Sculptor Capital Management, and one of the hedge fund firm’s largest shareholders, is opposed to its proposed sale to Rithm Capital because he views a rival bid as more attractive, according to a report by Bloomberg.
The emergence of radical rightwing candidate Javier Milei as a serious contender to win next month’s presidential election in Argentina, has prompted hedge funds to up their wagers against the country’s bonds, according to a report by The Financial Times.
The prospect of markets remaining bumpy and interest rates at elevated levels for longer than expected, has spiked investor interest in hedge funds, according to a report by MarketWatch, citing Jack Springate, co-head of the hedge-fund business within the external investing group at Goldman Sachs Asset Management.
John Bennett, director of European equities at Janus Henderson, has announced that he will retire form the company in a year’s time to focus on running Glasgow Rangers FC, as chairman of the board of the club he has supported since childhood, according to a report by FT Advisor.
Multi-strategy major Millennium Management has made a big bet against América Móvil with the fund building a $320m short position in Mexican billionaire Carlos Slim’s telecoms empire amid a sharp fall in the value of the as the company’s shares, according to a report by The Financial Times.
The philanthropic foundation set up by Chris Hohn, founder of hedge fund firm The Children’s Investment Fund Management (TCI), donated almost $500m to charitable activities last year despite recording an investment loss for the first time in ten years, according to a report by The Times.
Brazil’s Legacy Capital, one of the country’s largest independent hedge fund managers, has bolstered its foreign-exchange desk with appointments from local rival asset management firms, according to a report by Bloomberg.
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has completed its acquisition of Yieldbroker, an Australian trading platform for Australian and New Zealand government bonds and interest rate derivatives covering the institutional and wholesale client sectors.Â
LiquidityBook, a provider of cloud-native buy- and sell-side trading solutions, has appointed Can Envarli as VP of Engineering, reporting directly to the firm’s Chief Technology Officer Shawn Samuel.
Options Technology, a provider of financial technology and global market data solutions, has formed a new strategic partnership with Raptor Trading Systems, a Canada-based provider of multi-asset trading solutions for hedge funds and other financial institutions.
