03 Jul 2024
Hedge funds dump global equities in June at fastest pace in two years
Hedge funds sold global equities in June at the fastest rate seen in two years, marking the third consecutive month of net selling, with…
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02 Jul 2024
Abu Dhabi hedge fund push sparks office shortage
Abu Dhabi's successful push to attract top hedge funds has led to a shortage of office space on Al Maryah Island, home to the four towers…
Citadel and Millennium post strong H1 gains
Hedge fund majors Citadel and Millennium have posted solid gains in the first half of the year, continuing a strong performance trend for…
Segantii insider trading case adjourned to October
The insider trading case involving Segantii Capital Management, its founder Simon Sadler and former trader Daniel La Rocca has been…
Digital asset fund outflows slow to $30m
Digital asset investment products saw a third consecutive week of outflows last week although at $30m, the total represented a significant…
Schonfeld's flagship hedge fund posts 10.3% H1 gain
Schonfeld Strategic Advisors' flagship hedge fund, Strategic Partners, posted a 10.3% gain in the first six months of the year on the back…
Former Millennium exec launches $1bn hedge fund Arrowpoint
Jonathan Xiong, the former co-CEO of Millennium’s Asia operations, has launched a new hedge fund, Arrowpoint Investment Partners, which…
Bridgewater launches $2bn machine learning-driven fund
Bridgewater Associates, the hedge fund major led by CEO Nir Bar Dea, has launched a new strategy that uses machine learning as the primary…
“Asset management companies must offer innovative solutions”, says Julia Khandoshko, CEO of Mind Money
PARTNER CONTENTDespite current uncertainty, asset management is attracting more funds and brains. It is undergoing a significant…
01 Jul 2024
Hedge funds miss out on post-French election stock surge
Hedge funds missed out on Monday's post-French election surge in banking sector stocks after exiting their positions betting on a rise in…
Baupost hedge fund cuts investing team by nearly 20%
In a significant restructuring of its real estate and equities divisions, Seth Klarman’s Baupost Group has cut approximately 19% of its…
Citadel appoints new Chief Compliance Officer from Millennium
Citadel has appointed Nathan Perrone from multi-strategy rival Millennium as its new Chief Compliance Officer for its global equities and…
EEX and ECC waive transaction and clearing fees for Nordic power markets for six months
The European Energy Exchange and European Commodity Clearing are to offer a six-month transaction and clearing fee waiver for market…
Pershing Square to sell shares at $50 in upcoming New York IPO
Pershing Square, the hedge fund led by Bill Ackman, is set to sell shares at $50 each in its upcoming initial public offering in New York.…
Hedge fund launches surge in Q1 as industry assets hit record level
New hedge fund launches surged while liquidations remained steady to begin 2024 with industry assets hitting a record level of $4.3tn as…
