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Digital asset investment products saw outflows for the third consecutive week last week totalling $435m, marking the largest outflows since March this year, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
- 30/04/2024
Weiss Multi-Strategy Advisers, the New York-based hedge fund firm founded by George Weiss in 1978, has filed for bankruptcy about two months after telling clients it was winding down operations, according to a report by Bloomberg.
- 30/04/2024
More than nine in ten (92%) alternative fund managers, including private equity and hedge funds, are already using AI as part of risk and compliance procedures, according to new research from regulation and compliance specialist Ocorian.
- 30/04/2024
New York-based diversified financial services firm Clear Street has launched futures clearing and execution services on US exchanges for global clients, including hedge funds, professional trading groups and family offices.
- 30/04/2024
- 30/04/2024
Automated global electronic broker Interactive Brokers has added Hong Kong spot bitcoin and ether exchange traded products (ETPs), which are available to trade on the Hong Kong Stock Exchange, to its product line-up.
- 30/04/2024
A relatively quiet week in the Middle East and weak US economic data combined to restrain oil prices last week, prompting hedge funds to reduce their bets on both Brent and West Texas Intermediate crude, according to a report by Bloomberg.
- 29/04/2024
Nir Bar Dea, CEO of Bridgewater Associates, and Hugh Evans, his counterpart at poverty relief-focused non-profit Global Citizen, will host an Africa Economic Summit to support fundraising efforts by the World Bank, according to a report by Fortune.
- 29/04/2024
Elliott Investment Management, the activist hedge fund firm founded by Paul Singer, has built a “large” stake in Sumitomo, one of Warren Buffett’s favourite Japanese trading houses, according to a report by Bloomberg.
- 29/04/2024
- 29/04/2024
Activist hedge fund firm Sachem Head Capital Management’s Managing Partner Scott Ferguson will be given a seat on Delivery Hero’s supervisory board, after building a 3.6% stake in the Germany-based food delivery company, according to a report by Bloomberg.
- 29/04/2024
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