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The need for treasury and liquidity solutions is rising to the top of hedge fund and private equity managers’ agenda as pressures increase to strengthen risk management processes. Jonathan Spirgel (pictured), Managing Director of Cash & Liquidity (Public Markets), Hazeltree, provides further detail…
This year’s Top 50 Hedge Funds – according to new research from Global Investment Report – collectively outpaced the market over the trailing five years through 2022 by more than three full percentage points, and did so with considerably less risk than the S&P 500. Researcher Eric Uhlfelder discusses the key findings.
Hedge funds surged in June with technology, AI and growth leading gains complemented by shareholder activist and multi-strategy sub-strategies driving a 2.35% gain in the HFRI 500 Fund Weighted Composite Index as banking volatility subsided.Â
Bobby Jain, the former Co-CIO of Izzy Englander’s Millennium Management, has made the first major hire for his upcoming hedge fund launch – former BofA executive Jonathan Barton, who has been appointed as Chief Operating Officer.
Jain, who was prevented from hiring staff until the start of this month as part of his exit agreement from Millennium, where he spent seven years, has wasted no time in tapping the former BofA Managing Director and Head of Equities Product Development and Strategic Initiatives. Barton will be tasked with helping to build-out what many on Wall Street are predicting will be one
UK financial watchdog the Financial Conduct Authority has been urged by the lawyer representing two of the alleged victims of sexual abuse by Crispin Odey, to ring-fence Odey AM assets to cover potential future damages claims, according to a report by the Financial Times.
The San Diego Union-Tribune, the sister paper to the LA Times, has been sold to MediaNews Group, which is owned by hedge fund Alden Global Capital, the owner of hundreds of newspapers around the US, according to a report by Associated Press.
The move comes after the LA Times said last month that due to financial difficulties it would have to cut as least 13% of its newsroom staff, amounting to at least 74 jobs. Alden meanwhile has faced criticism for cutting both budgets and headcount at many of the newspapers it has bought, and its latest acquisition is facing
Digital asset investment products saw $136m of inflows last week bringing the last three consecutive weeks inflows to $470m, fully reversing the prior nine weeks of outflows, according to the latest Digital Assets Fund Flows report from CoinShares.
4OTC, a fintech provider of connectivity services for digital assets and FX, has partnered with Quod Financial, a provider of multi-asset advanced trading solutions, to deliver a “sophisticated” digital assets trading solution for institutional clients.
The partnership combines 4OTC’s API and exchange and OTC connectivity with Quod Financial’s O/EMS platform is aimed at enabling clients to “access liquidity from across the fragmented digital assets market and optimise their trading strategies”.
4OTC’s flagship product, 1API, aims to streamline connectivity across numerous digital asset exchanges and liquidity providers, while Quod Financial’s platform combines adaptable algorithmic trading, smart order routing, internalisation of flows,
Higher volatility creates strong investment opportunities for active managers. Turning these into alpha needs a consistent, diversified approach to allocation. Paul R Lucek (pictured), CEO & co-CIO, Ridgedale Advisors, explains…
Said Haidar’s flagship Jupiter hedge fund was back in the black last month after notching an estimated 27.3% gain, going at least some way to reversing some of the heavy losses seen in recent months, according to a report by Bloomberg.
