BlackRock is overhauling its flagship quantitative investment strategy in a bid to compete more directly with traditional hedge-fund heavyweights, according to a report by the Financial Times.
Decagon Asset Management — a hedge fund backed by Squarepoint Capital — has secured separately managed account (SMA) commitments from clients including Atom Investors, bringing its assets under management to about $450m, according to a report by Bloomberg citing people
JPMorgan’s analysts say that hedge funds turning unexpectedly cautious in October could set the stage for a rebound in equity markets into year-end, according to a report by Investing.com.
AQR Capital Management co-founder Cliff Asness says the quantitative investment firm is considering entering the sports betting market, according to a report by Bloomberg.
Citadel LLC has appointed Kevin Nassery, a former senior technology executive at crypto-exchange Gemini Trust Company, to lead its security and risk compliance for the Americas, according to a report by eFinancialCareers.
Shah Capital is pressing biotech firm Novavax’s board to explore strategic options, including a full sale, and warns it may launch a proxy fight if changes aren’t made within four months, according to a report by Reuters. The investor has
Hedge funds posted a 1.42% gross return in October, according to the Hedge Fund Performance Index from SS&C GlobeOp, one of the industry’s largest administrators, servicing funds representing roughly 10% of global hedge fund assets.
TOP STORY: Michael Burry, the investor famed for his prescient bet against the US housing market that inspired the film The Big Short, has closed his firm Scion Asset Management, liquidating its funds and returning capital to investors, according to
One Oak Capital Management, LLC, a registered investment adviser providing fixed income solutions to individuals, institutions, and RIAs, has appointed Joseph H Marren as its Head of Research.
Haruko, a provider of institutional digital assets technology, has integrated with EDX Markets’ spot trading venue and EDXM International’s perpetual futures exchange. The move is designed to strengthen risk and portfolio management capabilities for institutional clients.
