31 Oct 2024
Pfizer CEO defends strategy amid Starboard pressure
Pfizer CEO Albert Bourla has defended the drugmaker’s turnaround strategy in response to criticism from activist hedge fund firm Starboard…
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Ex-Winton CFO joins high-paying quant firm Quadrature as Treasury head
Chris Maynard, former CFO of hedge fund Winton Capital Management, has taken up the role of Head of Treasury at AI-driven trading firm…
Deutsche Bank's head of metals trading joins quant Qube
Dan Timošenko, who was appointed by Deutsche Bank from HSBC in 2017 to rebuild the bank's metals trading business, has left to join…
Pyth launches liquid staking, yield-bearing stablecoins
Pyth contributors have launched Crypto Redemption Rate Feeds, unlocking two new popular asset classes – liquid staking tokens and…
GCEX Partners with RULEMATCH to offer sponsored access for crypto trading
GCEX (GCEX Group), a provider of digital asset and foreign exchange solutions, has partnered with market operator RULEMATCH to provide…
Hedge funds using Singapore dollar for US election wagers
The Singapore dollar is gaining traction as a favoured currency trade for hedge funds and other option investors eyeing the upcoming US…
Walleye axes five traders including Global Macro Head
Hedge fund Walleye Capital has dismissed five portfolio managers, including Global Macro Head Anuraj Dua, as part of a new wave of job…
30 Oct 2024
Jain Global adds JPMorgan credit trader as PM
Jain Global, the multi-strategy hedge fund firm launched earlier this year by former Millennium Management Co-Chief Investment Officer…
Haruko integrates with Zodia Custody for digital assets management
Haruko, a provider of digital asset technology solutions for institutions, has integrated with Zodia Custody to provide institutional…
Former Centiva Europe Credit Head launches new hedge fund
Terrence Matthews, previously the head of European credit at hedge fund Centiva Capital, is setting up his own venture, Athlone Investment…
Hedge funds look to third parties for risk management
Cost control and efficiency will be the key drivers behind an increase in demand from hedge funds for third party risk management services…
Polen adds Abrdn high-yield team in London
Polen Capital has recruited four high-yield specialists from Abrdn for its London office, marking a key expansion in its European…
RBC BlueBay appoints Director of Business Development for the Middle East
RBC BlueBay Asset Management (RBC BlueBay) has appointed Fleur Dilton-Hill as Director of Business Development for the Middle East.…
Hedge funds record eighth consecutive quarter of positive returns
Hedge funds recorded their eighth successive quarter of positive returns in Q3 2024, with funds achieving an overall weighted average…
Jefferies looking to recoup ex-manager's compensation in fraud case
Jefferies Financial Group's hedge fund, 352 Capital, is pursuing the recovery of millions of dollars in compensation from former portfolio…
