12 Jun 2024
China to ban bank distribution of hedge fund products
Chinese regulators are considering the introduction of stricter rules on how banks distribute financial products to the public, potentially…
More
11 Jun 2024
BMLL selects INQDATA to deliver data and analytics directly to kdb+ users
BMLL, a provider of historical Level 3, 2 and 1 data and analytics across global equity, ETFs and futures markets, has partnered with…
Digital assets funds see $2bn of inflows
Digital asset investment products saw inflows totalling $2bn last week, bringing the current five-week run of inflows to $4.3bn, according…
Horizon Trading Solutions secures Toronto Stock Exchange certification
Horizon Trading Solutions, a provider of electronic trading solutions and algorithmic technology for the global capital markets, is now…
Hedge funds shift focus from chip stocks to software
Hedge funds have made a notable shift in their investment strategies, selling off semiconductor stocks and purchasing shares in software…
Ex-Allianz SE hedge fund manager pleads guilty to fraud charges
Gregoire Tournant, a former hedge fund manager at Allianz SE, has pleaded guilty to fraud charges related to billions of dollars in…
Hedge fund bets against European government bonds at two-year high
Hedge funds have significantly increased their bets against Eurozone government bonds to the highest level seen in over two years, amid…
Singapore increases oversight of hedge funds and family offices
Singapore authorities are intensifying scrutiny of hedge funds and family offices, requiring more information while stepping up the closure…
10 Jun 2024
Elliott builds $2bn Southwest Airlines stake
Paul Singer's activist hedge fund firm Elliott Investment Management has acquired an almost $2bn stake in Southwest Airlines and intends to…
ProShares launches ETFs targeting 2x and -2x daily ether returns
ETF provider ProShares has expanded its product lineup with the launch of two ether-linked ETFs – the ProShares Ultra Ether ETF (ETHT)…
Faegre Drinker appoints funds partner in London
Faegre Drinker has appointed Michelle Moran as a partner in the law firm's investment management group in London. Her practice covers all…
GoldenSource and Snowflake launch data management app for investment managers
Cloud data management solutions provider GoldenSource and AI data cloud company Snowflake have launched GoldenSource Omni, an app aimed at…
Andurand and Rokos make gains from copper surge
Hedge funds Rokos Capital Management and Andurand Capital Management have emerged as key players in the copper market, making significant…
Equity hedge leads hedge fund industry gains in May
Led by directional equity hedge and event-driven strategies, the HFRI Fund Weighted Composite Index advanced 1.3% in May, with additional…
07 Jun 2024
AlphaGrep Global Capital appoints CEO
AlphaGrep Global Capital, the international asset management business of AlphaGrep Group, has appointed Chief Operating Officer Dr Brendan…
