Abu Dhabi’s successful push to attract top hedge funds has led to a shortage of office space on Al Maryah Island, home to the four towers of the Abu Dhabi Global Market, the emirate’s international financial centre and free zone,
Hedge fund majors Citadel and Millennium have posted solid gains in the first half of the year, continuing a strong performance trend for the multi-strategy firms that dominate the industry, according to a report by the Financial Times.
The insider trading case involving Segantii Capital Management, its founder Simon Sadler and former trader Daniel La Rocca has been adjourned by a Hong Kong court until 15 October, according to a report by Reuters.
Digital asset investment products saw a third consecutive week of outflows last week although at $30m, the total represented a significant reduction in recent outflows, according to the latest Digital Assets Fund Flows Report from CoinShares.
Schonfeld Strategic Advisors’ flagship hedge fund, Strategic Partners, posted a 10.3% gain in the first six months of the year on the back of positive performance across multiple strategies, according to a report by Reuters.
Jonathan Xiong, the former co-CEO of Millennium’s Asia operations, has launched a new hedge fund, Arrowpoint Investment Partners, which began trading on Monday with over $1bn in assets and more than 15 portfolio managers, according to a report by Business
TOP STORY: Bridgewater Associates, the hedge fund major led by CEO Nir Bar Dea, has launched a new strategy that uses machine learning as the primary basis for its investment decision making process, according to a report by Bloomberg.
European broker Mind Money represents major players in the European market in the field of asset management who are keen on enhancing their products. The company offers a variety of trust management methods for its clients. The company’s CEO, Julia
Hedge funds missed out on Monday’s post-French election surge in banking sector stocks after exiting their positions betting on a rise in sector prices last week at the fastest rate seen since May 2021, according to report by Reuters.
In a significant restructuring of its real estate and equities divisions, Seth Klarman’s Baupost Group has cut approximately 19% of its investing staff, the largest staffing in the hedge fund’s 42-year history, according to a report by Bloomberg.
