11 Dec 2024
Broadridge launches AI-powered algorithm insights service
Global fintech Broadridge Financial Solutions has launched a new AI-powered algorithm insights service for NYFIX which employs real-time…
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BlueCrest partners face pay cut while other staff see stability
Accounts filed for BlueCrest Capital Management (UK) LLP (BCCMUK), the main partnership subsidiary for Mike Platt's hedge…
Hedge funds open to deploying new software to gain a competitive edge
New research by Beacon Platform, a fintech focused on solutions for quant developers, shows that most hedge funds are spending too much…
Hedge funds return 10% globally in 2024 while proving diversification worth, says Preqin
Hedge funds demonstrated value in investor portfolios as both diversifiers and risk mitigators, while offering double-digit returns,…
Garda accuses rival Schonfeld of poaching star fixed-income PM
Hedge fund Garda Capital Partners has filed a lawsuit against rival Schonfeld Strategic Advisors, alleging it unlawfully lured away one of…
The future of alternative data: How hedge funds use data – and the impact of AI
Data has fundamentally altered the way the hedge fund industry trades and operates. There is an ever-growing use of quantitative strategies…
10 Dec 2024
Greenbrook appoints new Partner
Greenbrook, the specialist communications advisor to the investment industry, with particular expertise in private equity, private credit,…
Pan Capital appoints President and Chief Strategy Officer
Pan Capital, a global alternative investment firm specialising in energy markets, has appointed Edouard Robbes as President and Chief…
ExodusPoint expands bonus clawback policy amid talent war
Hedge fund ExodusPoint Capital Management is broadening its controversial bonus clawback policy to include senior non-investment staff,…
Dollar optimism on the up among hedge funds and asset managers
Optimism around the US dollar is spreading beyond hedge funds to broader asset management firms, fuelled by a resilient US economy and…
Former Goldman Sachs star Avery joins Balyasny
Dan Avery, a former managing director at Goldman Sachs known for his expertise in delta one trading, has joined Balyasny Asset Management…
Ex-Allianz hedge fund manager avoids prison in $3.2bn fraud case
Gregoire Tournant, the former Chief Investment Officer at Allianz SE's US-based Structured Alpha hedge funds, has been sentenced to 18…
Bank of England flags hedge fund risk to UK gilt market
The Bank of England (BoE) has issued a warning about the rising influence of hedge funds in the UK government bond market, highlighting how…
Hedge funds surged in November on US election result
Hedge funds surged in November, driven by the US Presidential election results, as managers and investors positioned for an active M&A…
09 Dec 2024
TT International launches new Emerging Market Debt strategies
TT International (TT), an alpha-driven specialist investment manager, has launched two new Emerging Market Debt (EM Debt) strategies, which…