Latest News
Landseer Asset Management UK is in talks with Odey Asset Management over the transfer of portfolio manager Freddie Neave, who runs its flagship hedge fund, as the firm continues to deal with the fallout from multiple sexual assault allegations made against founder Crispin Odey, according to a report by Bloomberg.
Offshore China hedge funds that target investments in the world’s second-largest economy, are feeling the pinch as foreign investors lose interest in investing in the country’s faltering economy, according to a report by Bloomberg.
Global equities have finally attracted the attention of trend-following hedge funds on the back of falling volatility as hopes rise that interest rate rises are coming to an end, according to a report by The Financial Times.
Concerns over a slowing Chinese economy dragged the Aussie dollar to a nine-month low, just as hedge funds were turning the most bullish they have been on the currency so far this year, according to a report by Bloomberg.
Crypto asset trading platform Bittrex, and its co-founder and former CEO, William Shihara, have agreed to pay $24m to settle Securities and Exchange Commission charges that they operated an unregistered national securities exchange, broker, and clearing agency.Â
NWQ Capital Management, a Perth-based hedge fund that numbers Reserve Bank governor Glenn Stevens among its investment committee members, has had its licence suspended by the The Australian Securities and Investments Commission (ASIC) for holding insufficient assets, according to a report by The Financial Review.
Thousands of smaller China-based hedge fund managers are expected to shut up shop while their larger peers will be subject to stricter regulations as part of a shake-up of the RMB6tn ($832bn) sector, according to a report by Bloomberg.
Freddie Neave, who took over the management of Odey Asset Management’s European Inc fund following the departure of  the firm’s founder Crispin Odey, has dropped the fund’s short positions against UK government bonds, according to a report by Reuters.
CJ Lanktree, who ran distressed debt trading for Deutsche Bank between 2003 and 2012, is back in a similar role at the bank, running its US distressed business, after parting company with hedge fund Solus Alternative Asset Management, according to a report by eFinancial Careers.
Daniel Loeb, the Chief Executive Officer of hedge fund Third Point Management, has entered into a standstill agreement with SiriusPoint whereby he will hold off on attempts to take the Bermuda-based specialty insurer and reinsurer private for two years.
