05 Sep 2024
Walleye leads August multi-strat gains
Walleye Capital's $4.8bn multi-strategy hedge fund delivered impressive results in August, outperforming some of the industry's biggest…
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04 Sep 2024
SEC fines crypto hedge fund Galois Capital $250,000 over custody failures
The Securities and Exchange Commission has settled charges against a former Florida-based cryptocurrency hedge fund Galois Capital…
Millennium quant quits to join SWF
Naveed Malik, who spent nearly four years as the global head of systematic data at multi-strategy hedge fund major Millennium in New York,…
3forge secures Morgan Stanley investment
3forge, a specialist in High Impact code solutions for business-critical applications for hedge funds, Tier-1 global banks, asset managers,…
Digital assets fund see $300m outflows amid stronger macro data
Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various…
BlueCrest launches FX trading platform BlueX
BlueCrest Capital Management, the hedge-fund-turned family office founded by Michael Platt, has launched a new currency trading platform…
Hedge funds narrow global equities performance gap in July
Hedge funds closed the performance gap with global equities in July 2024, according to Preqin with the data provider's All Hedge Fund Index…
London hedge funds Kite Lake and Astaris to close to new investors
Two London-based hedge funds – Kite Lake Capital Management and Astaris – are preparing to close their doors to new investors, even as the…
Man Group appoints Head of UK Retail Sales
Global alternative investment management firm Man Group, the world's largest listed hedge fund firm, has appointed Lee Matthews as Managing…
03 Sep 2024
Morgan Stanley targets hedge funds in bid to reclaim stock trading top spot
Morgan Stanley is targeting hedge funds as part of renewed efforts to reclaim its top position in stock trading, a title it lost to Goldman…
Rural population decline drives Japan bus company to launch AI-powered hedge fund
A subsidiary of Ryobi Holdings Co, a bus operator in rural Japan, is taking an unconventional step to counter the impact of the country’s…
MFA encourages BCBS to adopt flexible, frisk-based CCR management guidelines
Alternative investment industry representative body the MFA has encouraged the Basel Committee on Banking Supervision (BCBS) to adopt…
Hedge funds fuel secondary market for deal contingent hedges
Hedge funds are increasingly stepping in to help banks manage the risks associated with deal contingent trades, a complex derivative sold…
Elliott has power to call Southwest Airlines special meeting after reaching 10% stock threshold
Activist investment firm Elliott Investment Management now owns 10% of Southwest Airlines' common stock, surpassing the threshold required…
Analog secures $1bn Millennium backing
Analog Century Management, the New York-based tech-focused hedge fund founded by Val Zlatev, has joined the growing roster of external…
