Verition Fund Management has shut down a trading team led by former Goldman Sachs executives Sina Lashgari and Jon Paul, following a period of underperformance, according to a report by Bloomberg citing unnamed people familiar with the matter.
London-based prime broker GBM Securities has appointed Maria Antsupova as its new Head of Global Markets Operations, strengthening its operational leadership as the firm continues to expand its institutional prime brokerage offering, according to a report by Finance Magnates.
In Alternative Views, Hedgeweek® goes behind closed doors with those in the know to get the latest on hedge funds. In this episode we speak to Ahmed Omar, CEO of Magellan Capital, to mark the launch of the firm’s $975m
Shares in BH Macro Limited closed sharply higher in trading late on Monday following an announcement from its investment manager, Brevan Howard, regarding a new private fund launch, according to a report by Quoted Data.
Bridgewater Associates has warned that rising government spending and near-term inflation pressures linked to AI are creating an increasingly challenging outlook for global bond markets, prompting the hedge fund to favour equities over fixed income, according to a report by
The two-and-20 fee structure has long been dead. But what’s been slowly replacing it reveals a hedge fund industry splitting into two distinct tiers – and the gap between them is widening. Nearly one-third of hedge fund allocators are now
Hedge funds are re-engaging with the popular swap spread widener trade, which bets that Treasuries will outperform swaps of the same maturity, as the gap between US Treasury yields and interest-rate swap rates continues to expand, according to a report
Elliott Investment Management and British housing entrepreneur Jeff Fairburn, partners in Avant Homes Group, are pursuing legal action against Lloyds Banking Group over who should bear the cost of cladding remediation on properties that fail to meet updated fire-safety regulations.
Quant hedge fund Two Sigma has strengthened its artificial intelligence and machine learning capabilities with the appointment of Francesco Maria Delle Fave as a senior vice president in London, according to a report by eFinancial Careers.
Hedge fund redemption activity dropped to its lowest level in five years in January, pointing to improving investor confidence despite rising geopolitical and macroeconomic uncertainty, according to the latest data from SS&C GlobeOp.
