09 Jul 2024
Clear Street appoints former CBOE CEO Tilly as President
Clear Street, a cloud-native financial technology firm and independent prime broker, has appointed Edward Tilly to the firm as President.…
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Hedge fund performance mixed in June, says HFR
Hedge funds posted mixed performance in June as election and political risks surged throughout Asia, Europe and the US, with European and…
08 Jul 2024
Cardano and XRP are 'cult meme coins', says former hedge fund boss
Former Goldman Sachs analyst and cryptocurrency hedge fund boss Murad Mahmudov has openly criticised Ripple-promoted XRP and Cardano’s ADA,…
Australian pension funds losing hedge fund appetite
Australia's $2.6tn pension market, one of the world’s fastest-growing pools of retirement capital, is reducing its hedge fund investments…
Hedge funds snap up commodity-sensitive stocks at fastest rate in five months
Hedge funds are aggressively investing in commodity-sensitive stocks, ramping up their acquisitions to the fastest rate seen in five…
Ex-Segantii PM's new hedge fund secures approval from Hong Kong regulator
Viridian Asset Management, a new hedge fund firm led by Pascal Guttieres, a former portfolio manager at Segantii Capital Management, has…
GAM appoints Co-Head/Co-CIO of alternatives unit
Zurich-headquartered asset management group GAM has appointed Randel Freeman as Co-Head/Co-CIO of its new alternative investments unit –…
Pirum appoints Director of Sales for North America
Pirum, a provider of securities finance automation and connectivity solutions, has appointed Richard Marquis as its Director of Sales for…
Hedge funds hit by Tesla shorts
Hedge funds that bet against Tesla have been hit hard by a substantial rally in the company's share price, with 18% of over 500 hedge funds…
05 Jul 2024
EEX global power markets continue upwards trend
EEX Group global power markets continued their upward trend in terms of year-on-year monthly volume growth in June to 893.6 TWh (+17%),…
Elliott expands NYC office after moving HQ to Florida
Paul Singer’s Elliott Investment Management, one of the world's largest activist investment firms, is planning to expand its New York City…
Jain Global taps Squarepoint PM
Jain Global, the new multi-manager hedge fund firm launched by former Millennium Management Co-Chief Investment Officer Bobby Jain, has…
Hong Kong hedge fund manager ordered to disgorge $5.6m illicit profit
Hong Kong's Market Misconduct Tribunal has ordered Jonathan Dominic Iu Wai Ching, a former responsible officer of hedge fund Tarascon…
Avelacom provides low latency access to Brazil Stock Exchange
Avelacom has expanded its low latency solution portfolio for access to the Brazil Stock Exchange by completing its network certification…
Southwest Airlines pops 'poison pill' to thwart activist Elliott
Southwest Airlines Co has adopted a shareholder rights strategy, commonly known as a "poison pill," in a bid to prevent activist hedge fund…
