Latest News
Multi-strategy giant Millennium Management has increased its backing of credit specialist FourSixThree, adding a further $250m to the fund manager as it deepens its push into less-liquid and private market strategies, according to a report by Bloomberg.
Hedge fund Saba Capital Management has offered to buy stakes in three funds run by Blue Owl Capital at steep discounts, as the private credit group works to stabilise investor confidence following the suspension of redemptions at a key retail vehicle, according to a report by the Financial Times.
BlackRock is set to merge two of its investment trusts, Throgmorton Trust and BlackRock Smaller Companies Trust (BRSC), to form a combined £780m entity, after receiving support from activist investor Saba Capital Management.
Singapore-based hedge fund Dymon Asia Capital has added senior investment talent as it continues to expand following a strong performance year, with the appointment of Wissam Mezrani as a portfolio manager in Singapore, according to a report by eFinancial Careers.
Some of the world’s largest multi-strategy hedge funds including Citadel, DE Shaw, and Point72 are offering summer internships with base salaries and bonuses that can reach six figures, as competition intensifies for top quantitative and machine learning talent, according to a report by Financial News London.
Bridgewater Associates, the world’s largest hedge fund by AUM, made a series of notable portfolio adjustments in the fourth quarter, increasing exposure to technology and healthcare stocks while exiting positions in telecoms and pharmaceuticals, according to a report by Barron’s.
Cboe Global Markets has extended trading in Russell 2000 Index (RUT) and Russell 2000 Weeklys (RUTW) options to nearly 24 hours a day, five days a week, enabling global investors to access US small-cap exposure outside traditional market hours.
Steve Cohen has claimed the top spot in Bloomberg’s annual ranking of the world’s best-paid hedge fund managers, earning an estimated $3.4bn in 2025 from strong performance at his  firm Point72 Asset Management, according to a report by Bloomberg.
Asfandyar Nadeem is closing his London-based hedge fund firm Deem Global to new capital as assets approach the $3bn mark, joining a growing list of managers limiting inflows to control fund size, according to a report by Bloomberg.
Lightkeeper has launched Lightkeeper Beacon, a new AI-enabled capability designed to allow hedge funds and asset managers to query their portfolio data in plain English while maintaining full transparency, governance and auditability.
