TOP STORY: Hedge funds including Millennium Management, Point72 and Third Point, are ramping up their push into private credit, eager to capitalise on a booming market and diversify their businesses beyond liquid trading strategies, according to a report by the
Denmark’s tax agency has recovered €232m from funds seized in Germany linked to Sanjay Shah, the founder of hedge fund Solo Capital and the central figure in the Cum-Ex dividend tax fraud, according to a report by Bloomberg.
Jane Street Group is preparing to open a local office in Abu Dhabi’s financial centre, ADGM, marking a major step in the UAE capital’s efforts to position itself as a global hedge fund and market-making hub, according to a report
Quant hedge fund Engineers Gate has topped $4bn in assets under management and grown its portfolio manager count to over 75, capping off a multi-year rebound marked by strong double-digit returns, according to a report by Business Insider.
Accelex, a provider of AI automation for private markets data acquisition, reporting and analytics, has partnered with Quantyx, a provider of outsourced risk management, asset valuation and data management solutions for hedge funds and private equity funds.
By Mārtiņš Beņķītis (pictured), Co-founder & CEO, Gravity Team – In Southeast Asia, stablecoins are no longer just crypto tools; they’re becoming economic lifelines. As macro pressures, limited banking infrastructure and cross-border demand reshape how money moves, stablecoins like USDT
The Dubai Financial Services Authority has searched the offices of hedge fund startup Magellan Capital following allegations from a former trader that a senior executive concealed investment losses and discouraged internal risk reporting, according to a report by Bloomberg.
Citigroup has recorded a staggering $6.1tn in FX trading volumes from hedge fund clients in the first four months of 2025 – a 23% year-on-year increase – as heightened volatility and strategic investment in trading infrastructure drive gains, according to
Aquis Exchange executive Max Wildenberg has joined quantitative investment firm Qube Research & Technologies, where he will focus on business development across European equities and futures, according to a report by the Trade.
SS&C Technologies’ GlobeOp Forward Redemption Indicator, which tracks forward redemption notices from investors in hedge funds administered by SS&C GlobeOp, fell to 2.27% in June 2025, down from 2.34% in May and below the five-year average of 2.75%.
