Latest News
New York-based hedge fund firm Hunting Hill Global Capital, a specialist in global arbitrage investments with $364 million in assets under management, has launched a new crypto and digital asset-focused affiliate, Hunting Hill Digital, with the backing of early-stage VC investor BaseLayer ventures.
Hedge fund-turned digital intelligence provider CargoMetrics, a specialist in the systematic monitoring and analysis of global maritime trade, has launched three new commercial data products that measure seaborne commodity trade – the Iron Ore Pack, LNG Pack, and LPG Pack.
The products are designed to support analysis, modelling, learning, training, and backtesting to support data-driven decisions.
The three products join CargoMetrics’ popular Crude Pack, released in 2022, and are part of the company’s commodity group of Better-Built Data products. Each includes global coverage – with greater than 90% of imports and exports by country – point-in-time daily data, and more
In preparation for an anticipated end to the US Federal Reserve’s programme of interest rate hikes, hedge funds are going long on short-term interest-rate futures tied to the Secured Overnight Financing Rate, according to a report by Bloomberg.
Goldman Sachs has lost another trader to a hedge fund firm, with Rick Vaatsra leaving the bank’s London office this month, to join multi-strategy major Millennium Management as a senior portfolio manager based in London.
Vaatsra spent over 10 years at Goldman Sachs, most recently as co-head of European index trading, having originally joined the bank as an equity derivatives trader back in November 2012.
Prior to Goldman Sachs, Vaatsra, who studied finance and economics at Erasmus University Rotterdam, according to his LinkedIn profile, spent over six years at Credit Suisse as a vice president.
Philippine Stock Exchange (PSE) chief executive Ramon Monzon believes allowing short selling could help attract foreign money from global hedge funds, but is facing opposition to his plans from local regulators, according to a report by The Financial Times.
The wild price swings that were seen during the GameStop frenzy when an army of online traders decided to take on the hedge funds that had shorted the US video game retailer, are reportedly cause for concern for the Philippines Securities and Exchange Commission.
Monzon though is determined to convince them that foreign funds would boost liquidity in the PSE and
Blaine Hurty has been promoted to managing director and head of capital introduction at Clear Street, a New York-based independent, non-bank prime broker, having originally joined the company’s cap intro team as a managing director in October 2022.
Prior to joining Clear Street, Hurty spent over seven years at AO Asset Management, a long-short technology, media and telecommunications hedge fund manager, most recently as principal, head of marketing & investor relations.
Through its cap intro service, Clear Street supports clients by making introductions to relevant investors who can help grow their funds.
Long-short equity hedge fund manager Peconic Partners has reclaimed the number one spot on HedgeFollow’s Top 20 Best Performing Hedge Funds list, with a three-year performance figure of +191.50%, according to the latest rankings from the hedge fund tracker.
Peconic, which, according to Preiqn was founded by William Harnisch in 1986, currently manages $1.1 billion in two hedge fund strategies – a long-short equities fund and an insurance linked vehicle.
In compiling the Top 20 Best Performing Hedge Funds list, HedgeFollow tracks regulatory filings of over 10,000 institutional investors to independently identify top-performing funds across multiple strategies.
ETD, a provider of symbology, reference data, corporate actions and legal entity data for the derivatives market, has partnered with capital markets services provider Options Technology, to provide clients with access to the global FX and CFD markets.
Vittoria and Partners was formed by a team which had worked together for many years at a larger hosting firm and wanted to carry on working together after leaving that firm. Joe Vittoria (pictured), CEO, Vittoria and Partners, expands on the benefits gained by the team members knowing each other well while also having in-depth understanding of the industry.Â
Hedge fund Standard General has terminated its acquisition agreement with US TV station operator Tegna, which manages 64 TV stations in 51 US markets, after failing to overcome a number of regulatory hurdles, according to a report by Reuters.
