23 May 2024
Two Sigma appoints head of AI and machine learning
New York-based hedge fund firm Two Sigma Investments has appointed Ali-Milan Nekmouche to lead its new AI and machine learning team,…
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Gramercy to generate $90m annually from 2023 Pogust Goodhead deal
US-based emerging markets hedge fund Gramercy is expected to generate approximately $90m (AUD135m) annually from its 2023 litigation…
Solo Capital’s Sanjay Shah says he acted honestly in “cum-ex” case
Hedge fund Solo Capital’s founder Sanjay Shah, who has been accused of masterminding a £1.44bn ($1.83bn) dividend tax fraud against…
Hedge funds cut Magnificent Seven exposure to invest in AI
Hedge funds are cutting their stakes in large-cap technology stocks, shifting their focus to a broader range of companies that are involved…
22 May 2024
New York lawmakers target “predatory investors” in so-called champerty doctrine
New York state legislators are considering a change to an existing law that imposes a 9% interest rate on defaulted sovereign…
Global hedge funds increase Chinese equity holdings amid market rebound
Global hedge funds have increased their holdings of Chinese equities for the fourth consecutive week, joining the growing number of…
Millennium shorts betting and gambling giant Flutter Entertainment
Izzy Englander, founder of the $61bn New York-based hedge fund Millennium Management, appears to be increasingly confident that the share…
London crypto hedge funds post double-digit gains amid market optimism
London-based crypto hedge funds are experiencing significant gains this year, reflecting growing market optimism for digital assets,…
Former Odey AM funds rank among top 10 performers for April
Two funds previously controlled by Odey Asset Management saw strong performances, ranking them among the top 10 best performing funds…
21 May 2024
Shah Capital ends Novavax proxy campaign following Sanofi deal
Hedge fund Shah Capital will end its proxy campaign against the re-election of three broad directors at Covid-19 vaccine maker Novavax…
Citadel appoints Goldman Sachs partner as Head of Electronic Trading
Citadel, the $58bn multi-strategy hedge fund major founded by Ken Griffin, has appointed Rupee Yadav, a Partner at Goldman Sachs, as its…
Digital assets funds see second consecutive week of inflows
Digital asset investment products saw inflows totalling $932m last week, the second week of positive flows, according to the latest digital…
Ovata Capital adds four PMs as assets top $1.1bn
Ovata Capital Management, the Hong Kong-based hedge fund firm led by BlueCrest Capital Management alumnus James Chen, has aded four…
Balyasny appoints Head of Enterprise Technology
Multi-strategy hedge fund major Balyasny Asset Management has appointed Samuel Donat, the former Global Head of Corporate Technology at…
Soroban takes Johnson Controls stake alongside Elliott
New York-based hedge fund firm Soroban Capital Partners has built a $500m stake in HVAC control systems specialist Johnson Controls…
