10 Jan 2025
iSAM Securities appoints Head of Trading
Chris Twort, a veteran with over three decades of experience in financial trading, has been named Head of Trading at iSAM Securities (UK),…
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Glass Lewis endorses activist Mantle Ridge’s board candidates
Proxy advisory firm Glass Lewis has endorsed the election of all four board candidates proposed by activist investor Mantle Ridge for Air…
Millennium spinoff Modular sets sights on Hong Kong hub
Singapore-based hedge fund Modular Asset Management, a spinoff of Millennium Management, is set to establish a presence in Hong Kong,…
Schonfeld backs Garda star trader with $1bn amid legal dispute
Nicolas Monaghan, the trader embroiled in a legal dispute between Schonfeld Strategic Advisors and his former employer, Garda Capital…
09 Jan 2025
Sona AM delivers over 18% returns amid European debt market turmoil
Sona Asset Management’s Credit Master Fund posted a 2024 return of 18.76%, capitalising on a surge in European companies refinancing their…
Saba to offer Herald shareholders 100% cash exit at 99% of NAV
Hedge fund Saba Capital Management is planning to offer shareholders of Herald Investment Trust a full cash exit near the Trust's net asset…
Hedge funds gain in December as macro and arbitrage funds lead gains into 2025
Hedge funds gained in December to conclude a volatile year, navigating election and geopolitical risks, falling but persistent inflation,…
BitMEX launches Multi Asset Margining
Crypto derivatives exchange BitMEX is launching Multi Asset Margining, a new feature allowing traders to use multiple margin currencies -…
Ex-Coatue Partner to launch new hedge fund with $3bn Millennium backing
Aaron Weiner, a former partner at Coatue Management, is launching a new long-short equity hedge fund, Atlantic Wolf Capital, with $3bn in…
Brevan Howard UK Partner pay falls 48% to £77m as profits decline
UK Partners at Brevan Howard Asset Management saw their compensation drop significantly in the past year, reflecting a decline in revenue…
08 Jan 2025
Pay for Rokos Capital’s top earner jumps to £110m despite revenue decline
Rokos Capital Management, the hedge fund founded by former Brevan Howard trader Chris Rokos, reported a sharp increase in remuneration for…
Singapore’s Paragon expands to Hong Kong
Paragon Capital Management, a Singapore-based asset manager which offers a range of hedge funds, equity funds, and real estate funds, has…
Haidar’s flagship fund suffers 33% loss as assets plunge by $4bn
Said Haidar, a hedge fund manager renowned for his high-leverage macro trading strategies, is enduring the most severe downturn of his…
BlueCrest Capital posts 38% gain in 2024
BlueCrest Capital Management, Michael Platt's hedge fund-turned-family office, delivered a stellar 38% return last year, outperforming many…
Point72 launches private credit strategy led by former Blackstone exec
Point72 Asset Management, the hedge fund founded by Steve Cohen, is entering the booming private credit market with a new strategy headed…
