29 Aug 2024
Cat bond returns down 50%, says hedge fund Fermat
Growing concerns over the current hurricane season have negatively impacted returns at catastrophe bond hedge fund Fermat Capital…
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Former Citadel Core Engineering CTO joins Millennium
Rick Lane, the former Chief Technology Officer (CTO) for Core Engineering at hedge fund giant Citadel, has joined Millennium Management,…
New credit manager CCS Partners secures $4bn for investments
CCS Partners, a newly established credit management firm specialising in structured and private asset-based transactions, has raised $4bn…
Amazon ousts Microsoft as top hedge fund stock pick in Q2
Amazon.com Inc (AMZN) overtook Microsoft as the most favoured stock pick among hedge funds by the end of the second quarter, with 411 funds…
Strong foundations: Institutionalising crypto, from custody to compliance
August 2024 | “Institutionalisation” has been a key aim for the digital assets sector since crypto started to make an impact on Wall…
28 Aug 2024
Two Sigma's feuding founders step down as Co-CEOs
John Overdeck and David Siegel, the feuding Co-Founders and Co-Chairmen of hedge fund Two Sigma, are to step down from the…
Opus passes 1,000 digital subs on fund admin platform
Opus Fund Services has now surpassed 1,000 digital subscriptions completed on its proprietary fund administration platform, which aims to…
Aquanow partners with Zodia Custody
Aquanow, a global crypto infrastructure provider with over 300 clients, has partnered with Zodia Custody, a digital assets custodian backed…
Glazer Capital appoints Director of Convertibles
Glazer Capital, an arbitrage and event-driven strategies-focused hedge fund firm, has appointed Erik Mahland as Director of Convertibles, a…
Sound Point pays $1.8m to settle SEC charges
Sound Point Capital Management has agreed to pay $1.8m to settle SEC charges that it failed to establish, maintain and enforce written…
EEX and EPEX extend future-to-spot service to Nordics
The European Energy Exchange and the European Power Exchange will extend their future-to-spot service to the 12 Nordic power market areas…
Citadel set to break ground on $1bn Miami skyscraper for new HQ
Ken Griffin is gearing up to break ground on the construction of a new $1bn-plus, 54-storey skyscraper in Miami next year, which will serve…
Hilbert Group and Xapo Bank partner to launch $200m bitcoin hedge fund
Hilbert Group AB, through its asset management division, Hilbert Capital, has formed a strategic partnership with Xapo Bank, a prominent…
Hedge funds maintain bearish oil stance amid ongoing weak demand
Hedge funds and other institutional investors sold off the equivalent of 48 million barrels in the six most significant oil futures and…
27 Aug 2024
QCP launches Fireblocks-supported collateral management solution
Digital assets trading firm QCP has launched a tri-party solution aiming to provide enhanced protection for its clients’ assets, which is…
