14 Aug 2024
Broadridge appoints CTO for Front Office Trading Capabilities
Global fintech Broadridge Financial Solutions has appointed Simon Robertshaw as Chief Technology Officer for front office trading. Based in…
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Brevan Howard adds to Asia credit team
Brevan Howard Asset Management has added Andrew Saxton from Dymon Capital and David Nash, who previously worked at Millennium Management…
Pershing Square hit by Chipotle sell-off
Pershing Square Capital Management, the hedge fund firm founded by Bill Ackman, is facing losses from its holding in Chipotle after the…
Paul Singer's Elliott spurs Starbucks CEO shake-up
Coffee giant Starbucks ousted its CEO Laxman Narasimhan on Tuesday morning in favour of Chipotle Mexican Grill’s Brian Niccol, following…
Mount Lucas exits Treasury positions as Fed rate cut expectations soften
Mount Lucas Management, a $1.7bn hedge fund based in Pennsylvania, has recently liquidated its long US Treasury positions, signalling a…
13 Aug 2024
Former Two Sigma Head of Platform Engineering leaves JPMorgan
JPMorgan has parted company with Camille Fournier, the former Head of Platform Engineering at hedge fund Two Sigma, who served as its…
Saba Capital's BlackRock-focused fund up 22% YTD
An activist fund at Boaz Weinstein's Saba Capital Management, which focuses exclusively on investments in BlackRock’s closed-end products,…
New York dominates US hedge fund registrations
New York is home to 12,732 hedge funds, clocking the most registrations of all US states, followed by California and Connecticut, according…
Activist Oasis proposes three strategies to enhance shareholder value at Kobayashi Pharmaceutical
Oasis Management Company, the Hong Kong-based activist hedge fund firm led by Seth Fischer, has outlined three potential strategies aimed…
Ace Capital co-founder joins Bradesco to lead credit trading expansion
Banco Bradesco, Brazil’s third-largest bank by market capitalisation, has appointed Gabriel Trebilcock, co-founder of hedge fund Ace…
Digital asset funds see $176m of inflows
Digital asset investment products saw inflows totalling $176m last week as investors saw recent price weakness as a buying opportunity,…
3AC liquidators seek $1.3bn from TerraForm Labs over Luna crash
Liquidators for the defunct cryptocurrency hedge fund Three Arrows Capital are seeking at least $1.3bn from TerraForm Labs, the bankrupt…
Hedge funds cut risk amid heightened volatility
Hedge fund managers are retreating from high-risk positions, following a volatile week in the markets as the unwinding of billions of…
Activist Starboard takes Starbucks stake
New York-based hedge fund Starboard Value has acquired a stake in Starbucks joining fellow activist Elliott Investment Management in…
12 Aug 2024
Ex-Engine No1 exec secures Tiger backing for new activist fund
Former Engine No. 1 executive Charlie Penner, known for his landmark shareholder campaign against Exxon Mobil Corp over three years ago,…
