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HedgeLegal, a law firm dedicated to providing industry best practice negotiation in counterparty documents (ISDA, prime brokerage, futures, etc), has launched a proprietary software platform, TradingDoX, which provides a solution for hedge funds to manage risk, improve operations and optimise legal negotiations through better access and analytics for their trading agreements.
TradingDoX offers both a free light version and a premium version which contains advanced features.
With a focus on streamlining and optimising agreement tracking, TradingDoX provides features such as side-by-side agreement viewing with bookmarked key terms, and the ability to search the contents of all uploaded agreements from a
Hopes that China is on the verge of easing its strict Covid rules have prompted both PineBridge Investments and Man Group to up their holdings in Chinese equities, according to a report by Reuters.
Ireland is now Europe’s most shorted market having overtaken both France and the UK to claim top spot as investors ramp up bets against Irish firms including Dublin-based bookmaker Flutter Entertainment, according top a report by Financial News.
A group of leading alternative asset managers and industry bodies in the private and broadly syndicated credit markets have launched the ESG Integrated Disclosure Project template, which is aimed at enhancing transparency and consistency for both private companies and credit investors.
The pace of Hedge Fund redemptions accelerated slightly in August to -$18.92 billion (-0.38% of industry assets), according to the Barclay Fund Flow Indicator published by BarclayHedge.
Stax LLC, a global strategy consulting firm specialising in commercial due diligence, value creation, and exit planning for private equity firms, PE-backed companies, hedge funds, and investment banks has appointed Brigette Lumpkins in the role of Business Development.
In this newly created position, Lumpkins is responsible for driving strategic business relationships to support the firm’s growth and business strategy for the Stax Data Analytics offering. Through a combination of proprietary tools, specialised teams, and deep knowledge of data analytics software and infrastructure, Stax Data Analytics helps management teams make data-driven decisions and drive organizstional change for continuously better use of
Hedge funds advanced in October, as equity markets posted a strong recovery, with the DJIA surging to the largest monthly gain in over 40 years, while generational inflation continued, and the US Federal Reserve prepared to raise interest rates.Â
Rokos Capital Management has joined a growing list of macro hedge funds seemingly on course for record annual returns, following a 5.4% gain last month which takes YTD performance to +44%, according to a report by Bloomberg.
Sir Michael Hintze of CQS, Elliott Management’s Paul Singer and Daniel Loeb of Third Point are among the big-name hedge fund managers currently building up their holdings in corporate debt, according to a report by the Financial Times.
The trio are among a group of managers betting that a sell-off sparked by steep increases in borrowing costs, which could lead to widespread defaults, has gone too far and there are now bargains to be had in junk bonds and other areas of the corporate debt markets.
The report says that in a recent investor letter, Loeb wrote that he found
TMX Group Limited is to acquire Boston-based Wall Street Horizon, a provider of global market-moving action and corporate event data. WSH provides traders, portfolio managers, and academics with an ever-expanding set of forward-looking and historical corporate event datasets.
