Latest News
Odey Asset Management is shutting its only female run investment vehicle – the Brook Global Emerging Markets Fund – as the firm continues to reorganise operations and deal with the fallout from sexual assault allegations made against founder Crispin Odey, according to a report by Bloomberg.
Sculptor Capital Management received multiple takeover bids in excess of the $639m offer it accepted from Rithm Capital Corp last month – some valuing the firm at more than $700m – according to a report by Bloomberg.
Pershing Square, the US equities hedge fund founded by Bill Ackman, underperformed in the first half of the year, partly due to efforts to protect the firm against rises in long-term inflation, according to a report by CityWire.
Unlimited, an investment firm that provides investors exposure to the alpha-generating potential of hedge funds and other alternative investment strategies via ETFs, has appointed Michelle Sullivan as Head of Operations and Chief Compliance Officer, effective immediately.
Trading Technologies International (TT), a global capital markets technology platform provider, is to acquire Abel Noser Solutions (ANS), a provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants, from Abel Noser Holdings, a majority-owned portfolio company of Estancia Capital Partners.Â
Swedish financial services provider Vesterhavet Fondkommission AB, which is in the process of changing its name to Meriti Capital, has appointed Ola Björkmo as CEO and Chief Investment Officer and Jonas Sandefeldt as Head of Systematic Fund Management, effective 4 September.
One of China’s top macro hedge fund bosses has blamed foreign investors for the recent rout in the country’s stock markets which has seen Chinese domestic stocks sink to their lowest levels since November, according to a report by Bloomberg.
The talent war between Citadel and Balyasny Asset Management has flared up again with Ken Griffin’s Miami-based firm alleging that several Citadel employees misappropriated confidential information before leaving to join Balyasny, according to a report by Bloomberg.
The fall in the value of China’s yuan could be the trigger for the next big financial crisis, according to a report by Reuters citing EDL Capital, the Swiss-based macro hedge fund firm run by Edouard de Langlade.
Financial and economic data provider Exchange Data International (EDI), is partnering with SimCorp, a SaaS (Software as a Service) investment management solutions provider, to provide their clients with access to corporate actions data.
