Latest News
Several biopharma-focused hedge fund firms have taken positions in a merger involving a special purpose acquisition company sponsored by life sciences investor Perceptive Advisors, according to a report by Institutional Investor.
UBS is seeking to break into the top four global prime brokers by revenue as it accelerates its push to win hedge fund clients, supported by strong growth in its equities and financing businesses and momentum from its acquisition of Credit Suisse, according to report by Financial News London.
The Depository Trust & Clearing Corporation (DTCC) has taken a major step toward digital market adoption after its subsidiary, The Depository Trust Company (DTC), received a No-Action Letter (NAL) from the US SEC to offer a tokenisation service for real-world, DTC-custodied assets.
Digital asset investment products recorded a second consecutive week of inflows totalling $864m, reflecting cautious but improving investor sentiment, according to the latest Digital Assets Weekly Fund Flows report from CoinShares.
Arcesium has launched a new suite of artificial intelligence features for its Aquata data platform, aimed at helping hedge funds and other institutional investors scale their AI strategies and automate data-intensive workflows.
Ken Griffin, CEO of hedge fund giant Citadel, has urged US President Donald Trump to ensure the Federal Reserve remains independent from the White House, amid speculation over who will succeed Jay Powell as Fed chair next May, according to a report by the Financial Times.
Shiprock Capital Management is preparing to launch a new hedge fund in 2026 as it looks to expand its debt trading capabilities, and has hired ex Deutsche-bank debt trader Alex Williamson to support the build-out of the new strategy, according to a report by Bloomberg.
Volatile currency moves in 2025 have pushed emerging market foreign exchange into the spotlight, with trading volumes surging and hedge funds and banks reporting strong gains from the swings, according to a report by Reuters. Activity in the Hungarian forint has more than doubled since January, traders said, as investors reposition amid heightened global uncertainty and a weakening US dollar.
Hedge fund billionaire Steve Cohen has won regulatory approval to develop one of New York City’s first full-scale casinos, marking a major milestone in his plans to transform the area surrounding Citi Field in Queens, according to a report by the Financial Times.
Bridgewater Associates has warned that the rapid expansion of artificial intelligence spending is entering a “dangerous” phase, as large technology companies increasingly rely on external capital to fund rising costs, according to a report by Reuters.
