Intelligence
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Intel
Man Group, the world’s largest publicly-traded hedge fund business with over $162bn in assets, has acquired a majority 51% stake in Geneva-based impact asset management firm Asteria Investment Managers.
Intel
Global financial services firm Wilshire is to acquire Lyxor Asset Management, a provider of risk-managed, alternative and hedge fund investment solutions to institutional investors in North America, from European asset manager Amundi.
Insights Report
October 2023 | How are managed futures and systematic strategies performing – and what are they focused on going forward in an era of rapid technological change and innovation? Hedgeweek’s ‘Trend following’ Insights report offers a data-led update on the key regulatory challenges facing CCOs and an appraisal of the ways they’re staying informed.
Intel
US equity long-short hedge fund portfolio managers are taking fewer directional bets, with the level at which swings in the S&P 500 affect their bottom line having fallen to the lowest seen in six years, according to a report by Reuters.
Intel
Daniel Och has ended his long-running feud with Sculptor Capital Management by agreeing to back a sweetened bid for the hedge fund he founded from real estate investment firm Rithm Capital, according to a report by The Financial Times.
Intel
Izzy Englander, the billionaire founder of Millennium Management LLC, was quoted saying that there is “a talent bubble” in the hedge fund industry in part to long non-compete clauses which is forcing funds to pay more for better talent, according to a report by Business Insider.
Event
Hedgeweek has announced the winners of its US Awards 2023, which recognises excellence among fund managers and service providers in the US across a wide range of categories.
Awards
Hedgeweek and Private Equity Wire have announced the winners of the European Credit Awards, which recognise excellence in fund performance and service provider excellence across credit funds.
Intel
Bill Ackman, the founder of Pershing Square, has made profits of about $200m from his bet against thirty year US treasury bonds, according to a report by the Financial Times.
Intel
BlackRock, the world’s largest asset manager $9.42tn in AUM, is planning to liquidate its first hedge fund, the Obsidian fund after twenty seven years of operation, according to a report by CityWire.
