Intelligence
Latest
Intel
A surge in redemption requests from investors after the ouster of founder Crispin Odey following multiple allegations of sexual assault, has prompted Odey Asset Management to suspend two funds, including the firm’s flagship hedge fund, according to a report by Bloomberg.
Intel
The founders of Three Arrows Capital are being targeted by liquidators for the bankrupt cryptocurrency hedge fund for the recovery of $1.3 billion, the amount they allegedly racked up in losses prior to last year’s collapse of the firm, according to a report by Reuters.
Awards
Hedgeweek and Private Equity Wire have announced the winners of the inaugural US Credit Awards, which recognise excellence in fund performance and service provider excellence across credit funds.
Intel
London-headquartered hedge fund firm Marshall Wace has appointed Todd Builione, a partner and global head of private wealth at its private equity backer KKR, to run its US business in New York, according to a report by The Financial Times.
Intel
US hedge fund Citadel’s portfolios all made money in the first five months of the year with the firm’s flagship portfolio chalking up a return of 6.14% to the end of May, according to a report by Reuters.
Intel
The efforts of central banks around the world to tackle inflation have failed to have a meaningful impact, and threats to the broader global economy remain, according to a report by Reuters citing comments from Man Group Chief Executive Luke Ellis.
Partner Content
By Alexander Ellerby (pictured), UCITS Research Analyst, Kepler Absolute Hedge – It’s a common instinct in investing: applying assumptions about the US market to other regions is something investors across asset classes and strategies have a habit of doing. The latest victim? Asian merger arbitrage strategies.
Intel
Allegations of sexual misconduct levelled at Odey Asset Management founder Crispin Odey have prompted prime brokers, including Goldman Sachs, JP Morgan and Morgan Stanley, to review their relationship with the hedge fund, according to a report by Reuters.
Partner Content
Investment opportunities created by stress or distress have grown dramatically in the emerging markets. Daniel Chapman, Founder & CEO at Argentem Creek Partners (pictured) details how a disciplined, value-oriented investment approach together with deep experience and extensive networks are critical to generating alpha in these markets.
Intel
Having severed “personal and economic” involvement with founder Crispin Odey on Saturday following last week’s allegations of sexual misconduct, Odey Asset Management Partnership has said Freddie Neave (pictured), James Hanbury, and Oliver Kelton will now head up the firm’s key funds.
