Latest News
Rokos Capital Management’s macro hedge fund, which is one of the world’s biggest with $14bn in assets, has fully recouped the losses it suffered  earlier in the year having racked up a gain of  3.7% in July, according to a report by Bloomberg.
Managed Funds Association (MFA) has written a comment letter to His Majesty’s Treasury endorsing the UK government’s proposed changes to its Short Selling Regulation (SSR) relating to sovereign debt and credit default swaps (CDS).
Akin has added to its investment management practice in the firm’s New York office with the appointment of Max Carpal as a Partner. Karpel was previously chair of Lowenstein Sandler’s emerging managers practice and co-chair of its family office practice.
26 Degrees Global Markets, the multi-asset prime broker previously known as Invast Global, has appointed Japanese industry veteran Hiroaki Nagakura as Head of Prime Services – Japan, effective immediately.
Hedge funds have upped their short positions in US Treasuries as yields approach the highest seen so far this year, increasing their divergence from asset managers who are taking the long side of the trade, according to a report by Bloomberg.
Hedge funds extended their June performance surge through July, again led by technology, AI and growth, with gains in these areas complemented by shareholder activist, financials and commodity sub-strategies, according to data from HFR.
Hedge funds Brevan Howard, Citadel, Millennium Capital Partners, Rokos Capital Management and Capula Investment Management are on a list of more than 50 City institutions to take part in the Bank of England’s first-ever stress tests involving the shadow banking sector, according to a report The Guardian.
Brevan Howard has added another senior recruit to its ranks with the appointment of veteran technologist Steven Kordik, who has an extensive history working at both hedge funds and investment banks, according to a report by eFinancial Careers.
Point72 Asset Management, the hedge fund firm founded by Steve Cohen, now employs more than 100 people in Singapore having upped its headcount in the city state by more than 50% since early 2022, according to a report by the Straits Times.
MarketAxess Holdings, the operator of an electronic trading platform for fixed-income securities, is to acquire Pragma, a quantitative trading technology provider specialising in algorithmic and analytical services in equities, FX and fixed-income.
