Latest News
Hedge funds Farallon Capital Management and Triatomic Capital are among the large investors to benefit from Elon Musk’s $44 billion deal to acquire Twitter having added positions in the company during the third quarter of the year, according to a report by EuroNews.
The report cites securities filings released on Monday as showing that Farallon Capital bought nearly 7.8 million shares of Twitter during the quarter that ending 30 September, while Triatomic acquired 40,000 shares strong the same period.
Billionaire investors Carl Icahn and Daniel Loeb, also bought millions of Twitter shares. The former acquiring 12.5 million shares, while Loeb’s
IS Prime, part of the ISAM Capital Markets Group, has added to its Agency Execution team with the appointment of Sandeep Nanuwan who will focus on institutional sales, catering to banks, hedge funds, and asset managers, according to a report by Finance Feeds.
Nanuwan joins from NatWest Markets, where he spent over three years in FX Prime Brokerage in client services. He has also previously held operational roles at Morgan Stanley and Deutsche Bank, predominantly in London but also with secondments in Hong Kong and India.
IS Prime’s Agency Execution solutions provides mid-tier and smaller banks, hedge funds, asset managers,
InstrumentiX, a specialist in performance monitoring and analytics for global financial markets, and FMADIO, a 10G 40G 100G packet capture appliance vendor, have launched a new 100G Analytics platform the x-100.
Liquidnet, a technology-driven agency execution specialist, has integrated the firm’s proprietary trading analytics into its equities trading application. Powered by Liquidnet Investment Analytics, a sophisticated analytical solution, traders will have access to personalised pre and intra-trade analytics through real time alerts and intuitive visualisations.
Trading Technologies International, Inc, a global provider of professional trading software, infrastructure and data solutions, is making KRM22 Risk Manager available to customers on the TT platform.
Digital asset investment products saw the largest inflows for 14 weeks last week, totalling $42 million, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. The inflows began later in the week on the back of extreme price weakness prompted by the FTX/Alameda collapse.
Compliance has now become a proactive exercise, to anticipate regulatory change and ensure firms remain up to speed with the latest requirements. In the current environment, with the increase in regulation, and the demands on personnel time it has created, there has been a driving client demand for Outsourced  Compliance Solutions customized and tailored to firms’ business.
Bridgewater Associates chalked up further losses on its bets on Chinese stocks in the third quarter of the year as Beijing’s continuing zero-Covid policy and monetary tightening policy in developed markets prompted the biggest sell-off since 2015, according to a report by The South China Morning Post.
Deuterium Capital Management, a US based asset manager with more than $1 billion in AUM, is launching a UCITs, daily-dealing, long/short fund using the same models and algorithms as its top decile-performing Global Dynamic Allocation fund.
Reinsurance hedge fund Tangency Capital has raised an additional $200 million from investors, taking its total assets under management past $600 million, according to a report by Reuters.
The report cites Tangency co-founder Dominik Hagedorn as saying that the fundraising comes on the back of an anticipated sharp rise in premium rates in the property reinsurance market.
While large natural catastrophes such as September’s Hurricane Ian – which may lead to claims totalling up to $50 billion – have hit reinsurers hard, the losses, coupled with a reluctance on the part of reinsurers to increase their exposure, will likely mean
