Global fintech Broadridge Financial Solutions has appointed Allen Wienberg as its new Chief Growth and Strategy Officer – a newly created role at the firm, with a remit to increase the profitability and competitiveness of the business.
Macro hedge fund Taula Capital Management has recruited a seven-person trading team from key backer Millennium Management, underscoring founder Diego Megia’s continued build-out of the firm’s trading capabilities, according to a report by Bloomberg.
Something shifted in the hedge fund industry’s collective mindset over the past 12 months. According to the Hedgeweek® Q1 2026 Global Outlook Survey of more than 100 hedge fund managers, 41% now rank AI integration into their investment processes as
Macro hedge funds are finding it increasingly difficult to maintain diversified portfolios as escalating tensions in the Middle East drive correlations higher across global markets, according to a report by Financial News London.
Activist hedge fund Saba Capital Management and Cox Capital Partners have launched a cash tender offer to acquire up to 5% of the outstanding shares of Starwood Real Estate Income Trust (SREIT), at a discount of more than 20% of
SimCorp has launched the Axioma Factor Library Suite, combining fundamental, technical and macroeconomic factors into a unified data resource allowing hedge funds, systematic investors, and asset managers to accelerate customised strategy development.
Multi-strategy hedge fund major Millennium has hired Samuel Krasnik, a former Goldman Sachs quantitative strategist who most recently worked at rival hedge fund Citadel, according to a report by eFinancial Careers.
Multi-strategy hedge fund Brevan Howard has significantly increased compensation for its graduate recruits, lifting starting pay from £90,000 to £150,000 as competition for junior talent intensifies across the sector, according to a report by eFinancial careers.
Bloomberg has expanded its Real-Time News Feeds to allow clients to customise subscriptions, delivering machine-readable news content enriched with advanced analytics, proprietary sentiment models, and granular metadata tagging.
STG Group, a multi-asset trading firm specialising in systematic and quantitative strategies, and an affiliate of quantitative hedge fund Squarepoint Capital, is launching a new electronic market-making business, STG Securities.
