15 Oct 2024
Citadel quant joins OpenAI
Eugene Tang is the latest hedge fund quant to avoid a period of gardening leave by opting to join a tech company rather than a rival firm…
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Permutable AI launches trading Co-Pilot for commodity markets
Permutable AI, a specialist in artificial intelligence for financial markets, has launched Trading Co-Pilot, a new AI-driven tool,…
Kayenta appoints Americas Head of Product
Kayenta, a technology firm focused on hedge fund treasury solutions, has appointment of Vince Gerosa as Managing Director, Americas Head of…
Activist Selwood wants clarity on RWE share buyback plans
Activist investor Selwood Asset Management is urging German energy company RWE AG to clear up any uncertainty surrounding its potential…
Elliott calls for special shareholder meeting after nominating eight new Southwest directors
Activist investment firm Elliott Investment Management has escalated its battle with Southwest Airlines by calling for a special meeting to…
Ex-Jefferies hedge fund manager counters ‘despicable’ fraud allegations
A former hedge fund manager for Jefferies Financial Group is pushing back against a fraud lawsuit accusing him of knowingly investing over…
14 Oct 2024
Activist Gatemore appoints Director of Business Development
Activist Gatemore Capital Management (Gatemore) has appointed Casey Herren as its new Director of Business Development to lead partner…
Hedge funds up 1.22% in September, says SS&C GlobeOp
Hedge funds gained 1.22% in September according to the gross return of the SS&C Technologies Holdings' SS&C GlobeOp Hedge Fund…
FTX client sues hedge fund Olympus Peak over bankruptcy gains
An FTX customer has filed a lawsuit against Olympus Peak, a hedge fund that bought his claim in the bankrupt cryptocurrency exchange,…
Preqin predicts slowdown in North American hedge fund asset growth
North American hedge fund assets under management (AUM) reached $3.66tn by the end of 2023, an 8.3% increase from the $3.37tn seen in 2022,…
Tribeca's Liu exits to start own hedge fund
Jun Bei Liu, the manager of one of Australia's top -performing hedge funds, is set to leave Tribeca Investment Partners to establish her…
Hedge funds exit bearish Brent bets at fastest rate in eight years
Hedge funds have exited bearish positions on Brent crude at the fastest pace in nearly eight years, amid heightened geopolitical risks from…
Hedge fund with 800% gain in seven years sees opportunity in China tech stocks
A leading Chinese hedge fund, which has surged more than 800% over the past seven years, is taking advantage of the recent dip in Hong…
11 Oct 2024
Quantedge leads September rebound in CTAs and trend-followers
Commodity trading advisors (CTAs) and trend-following hedge funds made a significant comeback in September, with Quantedge Global Fund,…
DE Shaw makes three Air Products' director nominations
Multi-strategy hedge fund firm DE Shaw has nominated three directors to the board of Air Products and Chemicals after building a $1bn stake…
