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Paul Singer, founder of Elliott Management, has pushed back on claims of an escalating talent war in the hedge fund industry, arguing that current dynamics are being overstated, according to Business Insider.
Sona Asset Management has made two senior appointments to bolster its engagement with Japanese investors as part of the firm’s ongoing expansion in Asia, which includes an expected new office in Tokyo later this year.
Balyasny Asset Management’s Asia-Pacific operations are set for leadership changes with Chief Operating Officer Eddie Lo departing the $33bn hedge fund after less than two years in the role, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Diego Megia’s macro hedge fund, Taula Capital Management, has secured $1.75bn in additional capital from existing investors, increasing total assets to over $8.5bn, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Goldman Sachs has informed hedge fund clients that a planned product designed to facilitate short positions in the leveraged loan market is not yet ready for rollout, despite growing investor interest, according to a report by Bloomberg.
Hedge funds are increasingly positioning for a potential rebound in the Japanese yen, as renewed intervention signals from policymakers drive activity in currency derivatives markets, according to a report by Bloomberg.
London-based Pelham Capital is plotting a return to the hedge fund arena with a new vehicle, seeking to rebuild after a challenging period that saw the firm’s assets shrink from $4.5bn in 2020 to around $1bn by 2023, according to a report by the Financial Times.
Millennium Management has recruited Paulo Costa, a recently promoted managing director from Goldman Sachs, in a move that highlights continued competition for top trading talent, according to report by eFinancial Careers.
Significance Capital Management, led by founder and CIO Ryan Isherwood, and co-portfolio manager Michael W Klenn, has launched, positioning itself as an investment firm specialising in capturing opportunities around market inflection points.
European Energy Exchange (EEX) is set to broaden its power derivatives suite with the launch of new short-term contracts in both European and Asian markets, as demand for near-term hedging tools continues to grow.
