20 Aug 2024
Digital assets funds see minor inflows of $30m
Digital asset investment funds saw minor inflows last week totalling $30m, as recent macroeconomic data implied the US Federal Reserve is…
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Three energy traders and an analyst quit Millennium
Multi-strategy hedge fund major Millennium Management has lost the services of four energy professionals – two senior natural gas traders,…
Hedge funds sell industrial stocks and buy energy
Hedge funds are making a notable pivot, selling off industrial stocks at the fastest rate since December while continuing to buy energy…
Rokos Capital hires Citi's commodities electronic trading head
Ossie Manners, a veteran in electronic trading, has joined Rokos Capital Management as the head of systematic technology. Manners…
CTAs moving back into Japanese equities, says JP Morgan
Trend-following commodity trading adviser hedge funds have shifted their stance on Japanese equities, moving away from a bearish outlook to…
GoldenTree AM expands private credit team
GoldenTree Asset Management, a global asset management firm with approximately $55bn in AUM active across the credit space, has appointed…
Multi-strat Magellan gears up for $700m Dubai launch
Dubai-based Magellan Capital Holdings Ltd is set to launch a $700m multi-strategy hedge fund next month, in what will be one off the…
Coatue ups Nvidia stake by nearly 900%
Coatue Management, the hedge fund firm led by Philippe Laffont, increased its stake in Nvidia by 893% in Q2 to 13.75 million shares with…
19 Aug 2024
ExodusPoint's assets shrink by $1bn in H1
ExodusPoint Capital Management saw a $1bn decline in AUM during H1 2024 to $11.04bn as of 30 June, down from $12.02bn at the end of 2023,…
Hedge funds outperformed S&P 500 in July, says PivotalPath Report
Data from research firm PivotalPath has highlighted that hedge funds outpaced the S&P500 in July, with strong returns driven by…
Rokos Capital Management appoints new CEO
Rokos Capital Management, the London-headquartered global macro hedge fund firm founded by Chris Rokos, has appointed Matthew…
Viking Global sees big gain from GE clean-energy bet
Viking Global Investors, the hedge fund firm led by Andreas Halvorsen, has chalked up big gains from a decision earlier in the year to…
Former Squarepoint and Walleye PM returns to banking roots
Equity derivatives trader Drew March, who previously spent 10 years at Credit Suisse, is returning to the sell-side with BNP Paribas in New…
In conversation: Gwen Stone, Operational Due Diligence, Director at K2 Advisors
Ahead of the Hedgeweek US Leadership Summit in New York on 12 September, Gwen Stone, Operational Due Diligence, Director at K2 Advisors…
Citadel adds two former Segantii staff
Citadel has added two former Segantii Capital Management employees – Andrew Pidgeon and Peter Christie – following the closure of the hedge…