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Intel
Millennium Management, one of the world’s largest multi-strategy hedge fund firms, is investing nearly $3.3bn in two newly formed trading teams as part of its aggressive push to expand its portfolio of internal and external talent, according to a report by Bloomberg.
Intel
Several large hedge fund firms, including Balyasny Asset Management and Schonfeld Strategic Advisors, capitalised on the market turbulence triggered by Donald Trump’s re-election last month, positioning the industry for its best annual performance in four years, according to a report by Bloomberg.
Intel
As global markets face volatility driven by elections, central-bank policy shifts, and geopolitical tensions, hedge funds are increasingly investing in binary options — a high-risk, all-or-nothing strategy offering pre-determined payouts for accurate bets, according to a report by Bloomberg.
Intel
Ocean Leonid Investments, a hedge fund reportedly linked to Iranian oil trader Hossein Shamkhani, has informed staff in its Curzon Street office in London’s Mayfair that the firm is preparing to liquidate its operations in the UK, according to a report by Reuters.
Intel
Diego Megia, a former senior money manager at Millennium Management, is set to expand his hedge fund, Taula Capital Management, by raising an additional $1bn following the firm’s $5bn launch earlier this year, one of the largest in hedge fund history, according to a report by Bloomberg.
Intel
Millennium Management, one of the world’s largest multi-strategy hedge funds, is channelling approximately $1.8bn into two investment teams as part of a strategy to deploy capital both within and outside its organisation, according to a report by Bloomberg.
Intel
Global hedge funds accelerated their exit from US electric and water utility stocks last week, marking the fastest pace of sales in two months, while heavily investing in US materials stocks, according to a report by Reuters citing a recent note from the prime brokerage desk at Goldman Sachs.
Intel
President-elect Donald Trump has nominated Scott Bessent, the founder of hedge fund Key Square Group, as Treasury secretary, signalling his preference for a seasoned financial expert and loyal ally to oversee US fiscal policy and economic strategy, according to reports.
Intel
Citadel founder Ken Griffin is open to the future sale of a minority stake in the multi-strategy hedge fund firm, according to a report by Reuters citing remarks made by the 56-year-old at the Economic Club of New York on Thursday.
Intel
US hedge funds have shifted their strategies, becoming net sellers of equities linked to the so-called “Trump trade,” according to a report by Reuters citing recent data released by the prime brokerage division at Morgan Stanley (MS).
