16 Sep 2024
Popular hedge fund trade hit as China's yuan support weakens
As China’s efforts to prop up the yuan begin to fade, data due out this week is expected to confirm that a once-popular strategy among…
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South Korea appeals British court ruling in dispute with activist Elliott
The South Korean government has appealed a British court's decision to dismiss its lawsuit aimed at overturning an international tribunal's…
Bridgewater makes Manhattan move
Connecticut-based Bridgewater Associates, one of the world’s largest hedge fund managers, is expanding its office footprint with the…
Tidan Capital names new CEO
Tidan Capital, the Stockholm-based boutique hedge fund firm founded in 2020 by Brummer & Partners alumni Michael Falken, William…
Millennium targeting up to $10bn in long-term capital
Millennium Management, the multi-strategy hedge fund major founded by Izzy Englander, is aiming to raise between $7bn and $10bn in new…
Hedge funds net bearish on Brent crude for first time ever
Concerns over the impact on oil furures prices from a potential oversupply have seen hedge funds turn net bearish on Brent crude for the…
13 Sep 2024
Cboe to launch new Cboe S&P 500 Variance Futures
Derivatives and securities exchange network Cboe Global Markets is to launch trading of its previously announced new Cboe S&P 500…
Biopharma hedge funds maintain momentum in August
August proved to be a strong month for hedge funds specialising in life sciences and biopharma stocks, with several firms reporting solid…
Hedge funds up bets on yen rally
Hedge funds are ramping up wagers on the yen's continued strength, with the Japanese currency surging by another 1% on Friday, as traders…
Zodia partners with Marinade to provide institutional clients access to Solana Staking
Zodia Custody, an institution-first digital asset custodian, whose shareholders include Standard Chartered, SBI Holdings, Northern Trust,…
Multi-strat Arrowpoint expands Hong Kong office
Arrowpoint Investment Partners, one of the largest hedge funds launched in Asia this year, is rapidly expanding its presence in Hong Kong…
Point72 to return billions in bid to cap assets
Steve Cohen's Point72 Asset Management is preparing to return a significant portion of capital to investors for the first time, joining…
Elliott Advisors ups Director pay by 382% despite revenue dip
Elliott Advisors, the UK arm of activist hedge fund giant Elliott Investment Management, significantly boosted pay for its directors last…
12 Sep 2024
State Street launches fund to track hedge fund returns
State Street Global Advisors, the asset management business of State Street Corporationhas launched the State Street Global Alternative…
Ex-Goldman Sachs MD back in banking after Citadel stint
Jackie Haynes, the former Head of Trading Analytics for Equity Quant Research at Multi-strategy hedge fund major Citadel, has returned to…