AI is reshaping financial services, but not all capabilities translate to regulated workflows. This paper explains where LLMs add value and where control, data and expertise still matter most.
Schonfeld Strategic Advisors is launching a second equities unit, Triwood Asset Management, to focus on long-short stock picking across Asia-Pacific markets, the New York-based multi-strategy hedge fund confirmed in an internal memo, according to a report by Bloomberg.
Hedge funds edged back into technology stocks last week after several weeks of aggressive selling with buying focused on large cap tech names, according to a report by Reuters citing a recent client note from the prime brokerage division at
Standard Chartered has partnered with Seviora Capital to launch a new multi-manager hedge fund vehicle – Select Seviora Titans Absolute Return fund – under its Variable Capital Company (VCC) platform, according to a report byFinTech News.
Commodity-focused hedge fund Farrer Capital Management is seeking to raise up to $400m for a new agriculture strategy, as specialist managers look to capitalise on renewed investor interest in commodities despite a cooling in returns, according to a report by
South Korea has secured a partial victory in a legal challenge to a long-running arbitration ruling stemming from the 2015 Samsung merger dispute with US hedge fund Elliott, after the High Court in London overturned part of a $100m-plus arbitral
CME Group Inc is moving closer to adopting crypto’s always-on trading model, announcing plans to allow futures and options on digital assets to trade nearly 24 hours a day later this year, according to a report by Bloomberg.
Transaction Network Services has upgraded its TNS Data Usage Optimizer (DUO) with a new interactive customer portal, giving buy-side and sell-side firms on-demand tools to manage market data subscriptions and reduce unnecessary spend.
Broadridge Financial Solutions has appointed Frank Troise as President, Global Capital Markets, effective immediately. He will report to Tom Carey, President, Global Technology & Operations at Broadridge, and join Broadridge’s Executive Leadership Team.
In an industry obsessed with finding edge, a multi-billion dollar opportunity lies largely unclaimed. Despite record settlements and straightforward economics, just 7% of hedge funds systematically participate in securities class action recoveries. A further 14% participate case-by-case, meaning four in
