19 Jul 2024
EEX Group continues growth trend in H1
EEX Group achieved significant volume growth in the first half of 2024 across major asset classes, with the group’s global power market…
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Dymon taps local university alumni for Singapore internships
Dymon Capital, one of Singapore's top hedge fund firms, has made 12 intern appointments in the city state so far this year, with four of…
Classic long-short hedge fund trade scores in China's dual-speed market
While Chinese stocks have underperformed globally over the past year, a classic hedge fund strategy has seen impressive returns in the…
Brevan Howard crypto fund up 20% as assets top $2.3bn
Brevan Howard’s crypto hedge fund achieved a significant gain of around 20% in the first half of this year, amid increased interest from…
Millennium adds former Apollo exec to team in Dallas
Multi-strategy hedge fund major Millennium Management has added Bobby Huffman, the former Head of European Trading at Apollo Global in…
18 Jul 2024
Syquant staffer suspected of passing brother insider stock info
A staff member at Paris-based hedge fund Syquant Capital is under suspicion for allegedly providing insider information to his brother,…
Hedge fund Ilex eyes $1.5bn in fresh capital
Ilex Capital Partners, one of the major hedge fund startups of last year, is in discussions to raise an additional $1.5bn in investment…
Gates Capital opposes Vista Outdoor's proposed sale of The Kinetic Group
Event-driven hedge fund firm Gates Capital Management, one of the largest shareholders of Outdoor sports and recreation brands owner Vista…
WorldQuant's Head of Options joins Walleye Capital
Despite reducing its workforce by 4% earlier this year, mid-sized multi-strategy hedge fund Walleye Capital is still making new hires,…
Clear Street to acquire Instinet's Fox River algorithmic trading business
Clear Street, a financial technology firm focused on the brokerage ecosystem, is to acquire Instinet’s Fox River algorithmic trading…
Family offices favour quants over traditional hedge fund strategies, says Citi exec
Family offices with assets in excess of $1bn are increasingly opting for quantitative trading strategies as a cost-effective alternative to…
Hedge funds cut US stock exposure amid tech mega cap sell-off
Global hedge funds have been reducing their exposure to US stocks for five consecutive days amid a broad sell-off in megacap tech-related…
17 Jul 2024
Citadel appoints Head of Asia-Pacific treasury team
Citadel, the multi-strategy hedge fund major founded by Ken Griffin, has appointed Andrew Pidgeon, a senior executive from Segantii Capital…
Horizon partners with TNS to provide mutualised hosting for Asia clients
Horizon Trading Solutions, a provider of electronic trading solutions and algorithmic technology for the global capital markets, has…
Former Platinum Partners boss avoids prison following fraud conviction
Mark Nordlicht, the founder of the now-defunct Platinum Partners hedge fund, has been sentenced to six months of home confinement for his…