20 Nov 2024
AI hedge fund manager defrauded investors, say US prosecutors
The manager of Katsu Fund, a hedge fund marketed as using artificial intelligence (AI) to guide its trading strategies, has been arrested…
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‘Tiger seed’ Hound Partners sues Tiger Management in bid to end profit-sharing deal
Hound Partners, a hedge fund launched with support from Julian Robertson’s Tiger Management, has filed a lawsuit to terminate a…
Bridgewater teams with State Street to provide ETF access to strategy
Bridgewater Associates, one of the world’s largest hedge funds, is teaming up with State Street Global Advisors (SSGA) to bring its…
Multi-strat hedge fund boom is over, says Citadel boss
The rapid expansion of multi-strategy hedge funds is at an end, according to Ken Griffin, founder of Citadel, who, in an interview with…
19 Nov 2024
Hedge funds cut Turkish lira bets as weak state support spurs outflows
Turkey’s lira weakened on Monday as state banks scaled back efforts to defend the currency, prompting hedge funds and other traders to…
Syz Capital appoints hedge fund specialist as Head of BD & IR
Syz Capital, the $1.8bn alternatives investment arm of the family owned Syz Group, has appointed Ursula Nitschke as its new Head of…
Polymer Capital hires ex-BlueCrest trader
Polymer Capital Management has brought on Chiga Murayama, a senior portfolio manager previously with BlueCrest Capital Management,…
CVS adds four to Board in deal with activist Glenview
CVS Health is adding four new members to its board of directors, including Larry Robbins, CEO of Glenview Capital Management—the hedge fund…
Digital assets funds YTD inflows break $33.5bn
Digital asset inflows reached $2.2bn last week, bringing year-to-date inflows to a record-breaking $33.5bn, according to the latest Digital…
Trump's tariff policies a cause of concern for Citadel founder Griffin
Billionaire hedge fund manager Ken Griffin has voiced apprehensions about Donald Trump’s approach to tariffs, labelling them a "slippery…
Tiger-related funds make bold bets in Q3
Several prominent hedge funds with ties to the Tiger Management legacy, including Discovery Capital Management, made significant new…
18 Nov 2024
Activist Jana cuts Frontier stake, exits QuidelOrtho and BlackLine
Activist hedge fund Jana Partners has significantly restructured its portfolio, slashing its stake in Frontier Communications by 59% and…
Arini’s European-focused bond hedge fund up 23.4% on bets against European satellites and EVs
The Arini Credit Master Fund jumped 23.4% through the end of October benefiting from bets against European manufacturers facing US and…
Archegos founder Hwang should serve 21-years, say US prosecutors
Bill Hwang, founder of Archegos Capital Management, should serve 21 years in prison for orchestrating a market manipulation scheme that…
Arcesium unveils new regulatory reporting solution
Arcesium, a provider of investment lifecycle and data management technology for the global investment industry, has launched a new…
