23 Jul 2024
Digital assets funds saw inflows of $1.35bn last week
The recent positive investor sentiment towards digital assets funds continued last week with inflows of $1.35bn, bringing the last…
More
Hedge funds slash stocks risk amid tech sector rout
Hedge funds offloaded their perviously winning stock positions at the fastest rate since the meme stock frenzy of January 2021 last week,…
BlackRock to launch iShares Ethereum Trust ETF
The registration statement for BlackRock’s iShares Ethereum Trust ETF has been declared effective by the US Securities and Exchange…
iSwiss Bank launches new hedge fund company in New York
iSwiss Bank has established a new company in New York, which has been authorised by the Securities and Exchange Commission to offer hedge…
Hedge fund assets hit record $4.31tn
Total global hedge fund assets increased for the seventh consecutive quarter in Q2 2024, surpassing the previous record high of $4.3tn to…
"Greatest bubble in human history" poised to burst, says 'black swan' investor
A severe market crash is coming which could see stocks lose half their value, according to Mark Spitznagel, Co-Founder and Chief Investment…
22 Jul 2024
Former hedge fund trader jailed over role in major stock manipulation scheme
Canadian Colin Heatherington, a former trader for Absolute Capital Management, has been sentenced to three-and-a-half years in federal…
Tough new regulations to impact China's domestic hedge funds
China’s $715bn hedge fund industry is facing significant upheaval as new stringent regulations come into effect next month, which are…
Hedge funds makes biggest cut in yen shorts in over a decade
Hedge funds have significantly reduced their short positions against the yen, marking the most substantial cut in more than a decade…
Bullish hedge fund gold bets hit four-year high
Hedge funds have significantly increased their investments in gold, pushing their bullish bets on the precious metal to the highest level…
Balyasny taps Millennium CFO for COO role
Kevin Byrne, the Chief Financial Officer of multi-strategy hedge fund major Millennium Management, is defecting to rival firm Balyasny…
Activist Elliott acquires significant Starbucks stake
Elliott Investment Management, one of the world's largest activist investors, has built a significant position in Starbucks, and is…
Nekton Capital to return client funds
Nekton Capital, the stocks-focused, market-neutral hedge fund firm founded by former York Capital Management Co-Chief Investment Officer…
19 Jul 2024
Citadel boss Griffin pays record $44m to acquire dinosaur fossil
Ken Griffin, billionaire investor and founder of hedge fund major Citadel, has acquired the largest stegosaurus fossil ever discovered for…
China quants on the defensive amid calls for ban on algo trading
Recent regulatory tightening has prompted two of China's leading quantitative hedge funds Yanfu Investments and Zhejiang High-Flyer Asset…
