Latest News
Chris Rokos’s macro hedge fund has almost recovered from the losses it incurred earlier in the year because of wild swings in global interest rate markets, having posted a 4% gain last month on the back of a 5% return in May, according to a report by Bloomberg.
Former Millennium Co-CIO Bobby Jain has tapped Elliot Management veteran Jamie Hobbeheydar to head up investor relations and marketing at the new multi-strategy, multi-manager firm he is set to launch next year, according to a report by Bloomberg.
The UK government wants to see an end to the requirement that hedge funds must publicly disclose their large short positions in company stocks, as the practice encourages copycat trades and risks short squeezes, according to a report by Bloomberg.
In a paper published earlier this week, the government revealed plans to replace the public register of short positions worth 0.5% or more of any London-listed firm with an aggregated list. The proposal comes after a government survey found that asset managers believe the current rules “negatively impact the price discovery process”.
Under the new proposal, which will see the
The Bank of England has identified a leveraged trade in US Treasury futures that has regained popularity with hedge funds, as one of the bigger risks to global financial stability, according to a report by The Financial Times.
Companies with higher diversity at board level are more vulnerable to attacks from activist hedge fund investors, according to a report by The Daily Telegraph citing a new study by academics at the Rotterdam School of Management.
The SBAI has appointed Richard Johnston, Partner at Albourne Partners, as the new Chair of the SBAI APAC Committee. Johnston, who succeeds Ted Lee, will now head up and lead the SBAI’s activities and initiatives in the APAC region.
Membership of the SBAI APAC Committee is equally split between asset owners and managers, underlining its commitment to neutrality.
The SBAI, an active alliance of over 150 alternative asset managers and over 100 institutional investors dedicated to advancing responsible practice, partnership and knowledge, has also expanded its APAC team by adding Annie Yang as APAC Co-Head to work alongside Tina Hu
As hedge funds adopt multiple strategies, the complexity of their models has demanded a break from the traditional in-house built front-office technology stacks. Matthew Halicki – Vice President, Marketing at Flextrade outlines the key elements managers should consider when looking to partner with a technology firm.
Cutter Capital Management, a new healthcare-focused hedge fund founded by former Citadel portfolio manager Vince Aita, has begun trading with $275m from two institutional investors, according to a report by Bloomberg.
The Dubai International Financial Centre has become the first financial hub in the Middle East, Africa and South Asia region, to partner with the Alternative Investment Management Association, which represents over 2,100 corporate members with over USD2.5tn in hedge fund/private credit assets.
Recent crypto market turmoil has prompted traditional hedge funds to adopt a more cautious approach to digital assets investments, with some managers opting to exit the sector completely, according to a report by Reuters.
The report cites the results of a new survey by PWC and the Alternative Investment Management Association (AIMA) as revealing that the proportion of global hedge funds investing in crypto-assets has dropped to 29% this year from 37% in 2022.
In addition, a quarter of those currently invested in cryptocurrencies and digital assets said they may consider exiting the asset class altogether due to increased uncertainty
