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As traditional investment managers increasingly dip their toes into the world of digital assets, having access to data and information in formats they recognise and understand is critical to their success.
Redwheel (formerly RWC Partners), has appointed Jane Nicholls as head of business development based in London, with effect from 30 August and will be based in London.
Financial services company Hargreaves Lansdown has attracted the attention of short-sellers, with a record 5.69% of the company’s shares on loan to hedge funds including AQR Capital Management, Hound Partners and Marshall Wace, according to a report by This Is Money.
The short positions equate to a £230 million bet against against the firm as it struggles to sustain the boom it witnessed during the pandemic.
The report says official data shows that short positions in Hargreaves Lansdown have roughly doubled in the past six months.
Hargreaves Lansdown, was among a group of trading and investment platforms including AJ Bell
Bridgewater Associates, the hedge fund run by billionaire investor Ray Dalio is expanding its presence in the Asia-Pacific region with the opening of a new office in Singapore, according to a report by FinewsAsia.
The new office, in Singapore’s central business district, will be headed up by Chip Packard, Eurasia head of client services, and Margaret Wang, head of Bridgewater Associates (Singapore). The initial 12-strong team comprises both existing employees from the firm’s US headquarters as well as new local hires in Singapore.
Bridgewater, regards as the world’s largest hedge fund with around $150 billion in assets under management already
Hazeltree, a specialist in treasury and liquidity management technology for the alternative asset management industry, has appointed Sonia Spicehandler as the firm’s first chief people officer.
Numerix, a specialist in capital markets risk management technology and approve idea of software used by a wide range of buy-side firm including hedge funds, has been acquired by Genstar Capital.
Founded in 1996, Numerix has over 19 offices, 225 clients and 90 partners across more than 26 countries. Numerix pioneered the multi-asset class pricing market.
Since 2018, the company’s technology has been supporting decision making from pre-trade price discovery through XVA trading, market and counterparty credit risk management across all asset classes.
JTC, a global professional services provider, has hired John Collins as senior director – Fund Services following the launch of its fund administration service in Ireland.
Collins has over 20 years’ experience within financial services having previously worked at a number of fund administrators, global custodians and high profile institutions including Euronext Dublin. In addition, his roles in Client Relationship and Business Development over the years have afforded him the opportunity to build a substantial network of industry professionals accumulated in Ireland and the Cayman Islands.
Collins will operate from JTC’s offices in Dublin and London to lead the growth
Options Technology, a leading Capital Markets services provider, has appointed Mark Marwood as VP, account management, managed platform.
Assets at Lone Pine Capital have plunged by 43% to $167 billion after the firm’s hedge and long only funds both racked up losses of over 30% so far in 2022, according to a report by Bloomberg.
Cole-Frieman & Mallon (CFM), an investment management law firm, has appointed Garret Filler as a partner. Filler comes to CFM after most recently serving as President of Allometrics, a startup at the intersection of gaming and finance.
