06 Jun 2024
SEC suffers setback in bid to increase hedge fund oversight
The SEC has suffered a major setback in its bid to increase oversight of the hedge fund industry after a US appeals court threw out a new…
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05 Jun 2024
Arbelos and B2C2 complete first bilateral OTC option transaction on BVIV Index
Arbelos, a principal trading firm focusing on cryptocurrency derivatives markets, and B2C2, a specialist in institutional liquidity for…
Citadel down in May as peers gain
Citadel, Ken Griffin's $63bn Miami-based hedge fund firm, which, according to LCH Investments, is the most profitable hedge fund of all…
Digital assets PB GCEX appoints Chief Revenue Officer
Digital assets prime brokerage GCEX has appointed Jonathan Brewer as Chief Revenue Officer in a move aimed at driving growth from…
DTCC’s FICC Treasury clearing activity to increase by over $4tn daily
Post-trade market infrastructure specialist DTCC is expecting daily Treasury volumes through its Fixed Income Clearing Corporation to rise…
Millennium PM takes on equities strategies role at Barclays
Millennium portfolio manager Alexander Altmann has left the multi-strategy hedge fund major to head up a new strategy role within Barclays'…
Elliott wants $15bn SoftBank buyback
Activist hedge fund firm Elliott Investment Management is pushing SoftBank Group to launch a $15bn share buyback programme after rebuilding…
Dymon expands Hong Kong operation
Dymon Asia Capital, the Asia-focused hedge fund firm founded by Danny Yong and Keith Tan in 2008, is expanding its Hong Kong office bucking…
04 Jun 2024
Balyasny loses senior engineers to Jane Street and Point72
Balyasny has lost the services of two senior engineers, with Connecticut-based Mark Franklin, who focuses on execution technology, joining…
Hedge funds cut US stock exposure
A fall in the main US stock market indexes last week which hit hedge funds' long bets prompted managers to cut their exposure to domestic…
Digital assets firm Bequant launches risk management tools
Institutional digital assets firm Bequant has launched RiskQuant, a set of risk management tools comprising prime services, access to…
Murex partners with StarQube on data-driven PMS
Murex, a specialist in capital markets technology for the sell-side and buy-side, has partnered with fintech StarQube to offer a…
Hedge funds should stop charging fees for ‘skill-less’ returns, says investor group
A group of institutional investors, led by the Teacher Retirement System of Texas, has written an open letter to the hedge funds industry,…
Fourth week of digital assets fund inflows takes YTD total past $15bn
Digital asset investment products saw inflows for the fourth consecutive week last week totalling $185m, taking Toal inflow for the month…
UK takeover bids hit short sellers
A wave of takeover bids at UK companies targeted by short sellers has caught out hedge funds including Millennium Management, GLG and…
