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Horizon Software, a provider of electronic trading solutions and algorithmic technology for the global capital markets, has secured certification on TMX Group’s derivatives trading venue Montreal Exchange.Â
Digital asset investment products saw inflows totalling $160 million last week, the highest level since July 2022, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
The inflows represent a marked turnaround following six weeks of outflows totaling $408 million.
Bitcoin was the primary beneficiary, seeing inflows of $128 million. Not all investors saw it as a ‘safe haven’ though with short-bitcoin also seeing inflows of $31 million.
Hedgeweek exclusive: How do investors manage the apparent correlation between increasing AUM and decreasing alpha at hedge funds and other fund products? David Bizer, of London-based wealth manager Global Customised Wealth, offers his insight.
London-based hedge fund Rokos Capital Management has taken the decision to de-risk after racking up double-digit losses so far this month, according to a report by Bloomberg, citing a letter sent by the firm to investors on Saturday.
Hedge fund short-sellers are targeting Ocado after the online grocer posted a £501 million loss, with more than 6 per cent of the company’s stock now out on loan – the highest level in almost five years – according to a report by ThisIsMoney.
Ocado now tops the Financial Conduct Authority’s list of the ‘most shorted’ stocks in London and the increased level of bets against the firm indicates that the salad days of the global pandemic, when the company’s share price soared as shoppers turned to online ordering, are well and truly over.
The company’s shares have fallen by
ExodusPoint Capital Management, a $13 billion hedge fund with offices in London, Paris, Dubai and Singapore, has appointed Evangelos Makris as an analyst from JPMorgan, where he was a senior associate for three years, according to a report by Financial News.
Makris joined JP Morgan as an associate in 2019 before being promoted to senior associate in November 2021, having begun his career at Tokyo-headquartered Mitsubishi UFJ Financial Group.
Makris’ appointment follows those of fellow analyst June Sun who joined ExodusPoint earlier this month from Bank of America (BofA) and former Citi rates trader Hao Qu, who joined the firm
South African retail investors are increasingly including hedge funds in their investment portfolios as they look to mitigate the effects of ongoing market volatility and high inflation, according to a report by News24.
The report cites figures from the Association of Savings and Investments South Africa (ASISA) as revealing that the country’s hedge fund sector enjoyed “unprecedented” growth of 30% over the past year, attracting ZAR5.33 billion of new money during 2022, including ZARR4.19 billion from individual or retail investors.
According to a data from HedgeNews Africa, the funds have proved their worth as a valuable source of return diversification
Joseph Gunnar & Co (JGUN) has appointed Michael Graichen as Head of Capital Markets. Graichen will be based in the firm’s New York City office where he will service JGUN’s clients across equity and debt transactions.
Graichen brings over two decades of experience in equity capital markets and institutional sales to JGUN. Most recently, he was with Paulson Investment Company, LLC, where he was director, capital markets.
He is a Series 7, Series 66 licensed Registered Representative and holds a BS degree in Environmental Sciences from University of Vermont.
JGUN provides a full array of financial services including investment banking,
Linedata, a global provider of credit and asset management technology, data and services, to asset managers, institutional and alternative asset managers, and fund administrators, has opened a new office in Singapore.
Linedata says its technological solutions are well suited to the Singaporean financial market and can support the city state’s suite of investment fund structures, such as the Variable Capital Company.
The company, which already has a presence in APAC through its existing operations in Hong Kong and India, will be tailoring its product offering specifically to suit the Singaporean market and is now actively recruiting new talent to
Ironshield Capital, a London-based European credit hedge fund manager, has launched the Ironshield Credit Opportunities Fund, a closed-end vehicle which look to take advantage of opportunities materialising in private credit and illiquid public credit.
