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Horizon Software, a provider of electronic trading solutions and algorithmic technology for the global capital markets, has launched new connectivity to the Singapore Exchange (SGX Group), which operates equity, fixed income, currency and commodity markets.
Digital assets investment products saw minor outflows totalling $17 million last week, marking the fourth consecutive week of negative sentiment, according to the latest Digital Asset Funds Flows Weekly report from CoinShares.
Bridgewater Associates has raised over $800 million for a new hedge fund strategy designed to protect investments during equity bear markets by generating returns negatively correlated to equities, according to a report by Reuters.
Brevan Howard has appointed Owen Coughlan, the former head of euro swaps trading at NatWest Markets, as a portfolio manager based in London, according to a report by eFinancial Careers.
The report cites Coughlan’s LinkedIn profile as revealing that he has made the switch to Brevan Howard from multi-strategy hedge fund firm Eisler Capital, where he spent just over a year following his departure from NatWest Markets in February 2022.
Brevan Howard is actively recruiting under new chief executive Aron Landy after last year bringing in a number of talent scouts tasked with finding new portfolio managers and technologists.
Another
Research by consultants at Oliver Wyman has highlighted that market volatility driven by Russia’s war in Ukraine fuelled gross margins at commodity traders to about $115 billion last year, according to a report by Bloomberg.
Coinbase has acquired One River Digital Asset Management, a digital asset manager and SEC-registered investment adviser, from One River Asset Management, according to a report by the Wall Street Journal.
Bridgewater Associates has appointed Christopher Palazzolo as head of Europe and global sustainable investment partnerships, according to a report by Pensions & Investment Online. Palazzolo reportedly joined the $138 billion hedge fund firm at the end of last month.
Palazzolo’s LinkedIn profile reveals that he left AQR Capital Management, which focuses on quantitatively driven alternative and traditional investment vehicles, to join Bridgewater on 27 February.
At AQR, Palazzolo held the position of head of responsible investing until the end of 2021 before then working as a Senior Advisor to the firm before making the switch to Bridgewater.
A London-based macro sales team at Goldman Sachs led by Nohshad Shah, Goldman’s co-head of EMEA interest rates sales, and managing director Ishaan Sethi, has jumped ship to join a hedge fund just weeks after bonuses were paid, according to a report by eFinancial Careers.
The hedge fund in question is thought to be Marshall Wace where Shah will reportedly be tasked with running the firm’s cross-asset macro team.
Another Goldman departee is said to vice president Frank Flight although his destination is believed to be Brevan Howard.
According to eFinancial Careers’ sources, Shah, who joined Goldman from Deutsche Bank
Safeguarding assets has become critical in the world of digital assets. Edouard Hindi (pictured), chief investment officer, TYR Capital, talks through the priorities in the digital assets space and the key factors for growth in the space.
The Managed Funds Association, a trade body for the hedge fund industry, has written a letter to the UK’s HM Treasury suggesting that the requirement for hedge funds to publicly disclose their short positions should be ditched in favour of regulator-only notifications, according to a report by Reuters.
