25 Jul 2024
Hedge funds see net inflows in Q1 as positive performance continues
Equity and global macro funds were among the winners as hedge funds maintained their winning streak in Q2, making it seven consecutive…
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Ex-Macquarie quant hedge fund boss to launch new Japan strategy
Nick Bird, the head of Hong Kong-based OQ Funds Management and the the former head of Macquarie Group's quantitative hedge fund, is looking…
Texas Teachers gains allies in push for hedge fund fee reform
Institutional investors, led by the $202bn Texas Teacher Retirement System in Austin, are rallying support to push for the implementation…
London-based PM quits Elliott
Elliott Investment Management has lost the services of London-based portfolio manager Pawel Serej, who played a key role in several of the…
FCA appeals BlueCrest tribunal decision
The UK’s Financial Conduct Authority has resumed its legal battle with Michael Platt’s hedge fund-turned family office BlueCrest Capital…
Hedge funds gear up for $2.6bn Ukraine debt restructuring
A coalition of hedge funds invested in Ukraine, including Aurelius Capital Management and VR Capital Group is gearing up for…
Citadel boss ups Sphere Entertainment stake
Ken Griffin, the founder of Citadel, has significantly increased his stake in Sphere Entertainment to 5.3%, according to a recent SEC…
24 Jul 2024
Quod Financial selects QuantHouse market data for AI-driven trading platforms
Iress's QuantHouse division will supply its low-latency and historical market data to Quod Financial, a multi-asset trading technology…
Hudson Bay is latest fund to lock up investor cash for longer
Hudson Bay Capital Management has joined a growing list of hedge funds that are locking up investor capital for longer by limiting…
Chinese quants see heavy losses amid regulatory crackdown
Chinese computer-driven "quant" hedge funds experienced significant losses in the first half of the year, underperforming traditional stock…
Sculptor closes CLO XXXIII with $405m
Sculptor Capital Management has closed a $405m collateralised loan obligation, Sculptor CLO XXXIII, at $405m. The firm is now managing 34…
Activist Trian builds significant stake in 3M spinoff Solventum
News that activist investor Nelson Peltz's Trian Fund Management has acquired a significant stake in Solventum, the healthcare spinoff from…
WorldQuant's non-Millennium assets up to $10bn
Igor Tulchinsky's WorldQuant, which previously managed capital exclusively for multi-strategy major Millennium Management, is now managing…
Jain Global taps Caxton exec for PM role
Jain Global, the multi-strategy hedge fund firm launched recently by former Millennium Management Co-Chief Investment Officer Bobby Jain,…
23 Jul 2024
Hedge fund billionaire Gerko loses UK tax appeal
Alex Gerko, one of the UK's largest taxpayers, has lost his legal battle challenging a British government decision that ordered him to pay…
