Latest News
The latest 13-F filings released on Monday (16 May) reveal that hedge funds Tiger Global Management, Winslow Capital Management, and Scopus Asset Management all sold their shares in Netflix prior to the company reporting its first drop in subscriber numbers in more than ten years, according to a report by Bloomberg.
Hedge fund Light Street meanwhile, sold 7,960 shares in Netflix as well as all of its 149,025 shares in Facebook-parent Meta Platforms Inc FB.O, and also almost halved its stake in Google-parent Alphabet Inc GOOGL.O while cutting its exposure to Amazon.com Inc by 10% in Q1.
Meta was also
Hedge fund manager Pelham Capital’s flagship long-short fund is now down 28% so far in 2022, having taken a 7% hit in April, according to a report by Bloomberg.
BitMEX, one of the world’s largest crypto trading platforms, has announced the launch of the BitMEX Spot Exchange for retail and institutional traders.
The launch of the BitMEX Spot Exchange represents a significant step for BitMEX’s strategy to offer cutting edge products to crypto traders. The exchange supports seven pairs of cryptocurrencies, including bitcoin (XBT), ether (ETH), chainlink (LINK), uniswap (UNI), polygon (MATIC), axie infinity (AXS) and apecoin (APE), all against tether (USDT).
Users are able to access the spot by placing coin conversion request-for-quotes (RFQs), through Central Limit Order Books and taking advantage of API trading, as well as
BMLL, an independent provider of harmonised, historical Level 3 Data and analytics, is partnering with Kepler Cheuvreux, an independent European financial services company specialising in research, execution, advisory, and asset management services.
Varenne Capital Partners (Varenne Capital), A Paris-based investment firm managing $3.9 billion at the end of the first quarter 2022, has made several additions to its team.
CRUX Asset Management (CRUX), an active equity investment manager, has bolstered its specialist UK equities investment team with the appointment of investment analyst Tom Messenger.
Messenger will support AAA Citywire-rated fund manager, Richard Penny, on the TM CRUX UK Special Situations Fund and the TM CRUX UK Core Fund.
He joins from Momentum Investment Solutions & Consulting, where he has been an investment analyst since July 2018. Prior to that he was an equity research analyst at Third Bridge Group Limited.
BTIG has added James Mozer to its Structured Product business within BTIG’s Fixed Income, Currency and Commodities division as a managing director.
Mozer brings more than thirteen years of industry experience to the firm. Prior to BTIG, he held several positions at Morgan Stanley, most recently as executive director and head of the Non-Agency Residential Mortgage-Backed Securities (RMBS) and Asset-Backed Securities (ABS) Desk. Earlier in his career at Morgan Stanley, Mozer was a vice president, Subprime and Options Trader as well as a RMBS Trader.
BTIG’s Structured Product Sales, Trading and Strategy professionals are focused on secondary trading as well
As governments strive to meet sustainability targets, the global push for more formalised ESG standards and frameworks is bringing challenges – as well as opportunities – for hedge funds amid a fractured regulatory landscape.
With the climate emergency increasingly at the centre of the political agenda, and the focus on environmental, social and governance (ESG) factors in financial markets and investment management continuing to expand, global market regulators are driving ahead with the establishment of formal ESG rules and frameworks.
The European Union’s Sustainable Finance Disclosure Regulation (SFDR) – which took effect in March 2021, and forms the core of
Neuberger Berman, a private, independent, employee-owned investment manager, has launched the Neuberger Berman Next Generation Space Economy strategy in Europe as a UCITS fund.
The fund will be run by New York-based portfolio managers, Michael Barr and Hari Ramanan, who have a combined 45 years of experience and a three-year track record in the sector. They will be backed by Neuberger Berman’s global equity research team of more than 46 investment professionals, as well as the firm’s data science and ESG teams.
The fund seeks to achieve long-term capital appreciation through investing primarily in a portfolio of global equity
Bridgewater Associates, the hedge fund led by billionaire Ray Dalio, has doubled its holdings in Chinese electric vehicle (EV) companies Li Auto and Xpeng, and significantly raised its exposure to Nio haven completely exited its position in Tesla in the first quarter of the year, according to a report by Benzinga.
