22 Aug 2024
Senior fuels trader departs as Millennium reshuffles energy team
Millennium Management is undergoing significant changes in its energy trading division, with the departure of a senior fuels trader and…
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Weak bank research fuelled 19% gain, says Aussie hedge fund Tribeca
Australia’s second-highest performing hedge fund, Tribeca Alpha Plus Fund, has capitalised on the increased volatility during earnings…
Hedge funds tap DeepMind AI talent pool
Multi-strategy hedge fund major Balyasny Capital Management and New York-based quant SquarePoint Capital have both tapped the talent pool…
Point72 ups London headcount by 30%
Despite making a loss of $21m in 2023, after seeing a profit of $77m in the previous year, hedge fund Point72 Asset Management's London…
Kayenta appoints Americas Head of Distribution
Kayenta, a hedge fund treasury technology provider, has appointed Matt Brady as Managing Director, Americas Head of Distribution. Brady has…
Hedge funds up 0.6% in July, says Citco
Hedge fund performance improved in July to an average weighted return of 0.6%, up from 0.4% in the previous month, with over two-thirds of…
Millennium and Balyasny cut Senior Asia PMs
Multi-strategy hedge fund majors, Millennium Management and Balyasny Asset Management, have both recently made cuts to their portfolio…
21 Aug 2024
US pension funds see significant hedge fund gains
US public pension plans with long-standing allocations to hedge fund strategies, including the Virginia Retirement System and the Texas…
Paloma names ex-Brevan Howard exec as CFO
Paloma Partners, the multi-strategy hedge fund firm founded by Donald Sussman over 40 years ago, has appointed Pei Ng, a former executive…
Hong Kong’s SVI shutters China-focused hedge fund
Hong Kong-based hedge fund Strategic Vision Investment has wound down its primary Value Multiplier Fund, a long-short investment vehicle…
Citadel taps another top Goldman Sachs technologist
Multi-strategy hedge fund major Citadel has appointed Goldman Sachs's Chief Technology Officer Atte Lahtiranta to lead its core engineering…
Hedge funds turning to US dollar for new carry trades, says Citi
Citigroup Inc has observed a significant shift in carry trade strategies, with hedge funds increasingly borrowing US dollars rather than…
Mega-cap tech stocks continue to dominate hedge fund equity investment portfolios
Mega-cap tech stocks remain the cornerstone of hedge funds' top 20 equity positions, according to a report by MarketWatch citing recent…
Tiger Cub Goel to close Matrix Capital due to health concerns
David Goel, a former protégé of Tiger Management founder Julian Robertson, has decided to close his $11bn hedge fund firm Matrix Capital…
20 Aug 2024
Bitwise expands into Europe with ETC Group acquisition
Bitwise Asset Management has expanded into Europe with the acquisition of ETC Group, a London-based crypto ETP issuer with over $1bn in…
