21 May 2024
Jain Global to make commodities push
Jain Global, the much anticipated hedge fund set to be launched soon by former Millennium Management Co-Chief Investment Officer Bobby Jain…
More
20 May 2024
Hedge funds have first negative month of 2024 in April
Hedge funds experienced their first negative month of the year in April, with a weighted average return of -0.7%, according to new data…
Inter Milan facing Oaktree debt deadline
China's Suning Holdings could be on the verge of losing control of Italian Serie A giants FC Internazionale Milan with the deadline to…
Fed rate cuts in 2024 'unlikely' says Rokos exec Tang
The chances of the US Federal Reserve cutting interest rates at any time this year have been pronounced “unlikely” by Richard Tang, Head of…
Marshall Wace shorts two of Northern Ireland's biggest tech firms
Marshall Wace, the £50bn hedge fund firm founded by GB News co-owner Sir Paul Marshall, has taken short positions against two of Northern…
Hedge fund Ghisallo opens new Hong Kong office
Ghisallo Capital Management, a Massachusetts-based hedge fund that makes global macro, long-short equity, credit, and distressed credit,…
Early-year gains help Qube boost assets to $20bn
A 22% gain in 2024 up to the end of April at Qube Research & Technologies has helped boost assets at the London-based quant hedge fund…
Activist Elliott holds $1bn position in HVAC specialist Johnson Controls
Elliott Investment Management, the $8bn activist hedge fund firm founded by Paul Singer, has built a stake worth over $1bn in Johnson…
17 May 2024
Aquatic taps Balyasny software engineer
Aquatic Capital Management, a systematic hedge fund firm founded in 2019 by Jonathan Graham, the former Head of Statistical Arbitrage and…
Trader leaves Taula for Balyasny after less than a month
Stanley Sheriff, a former Goldmans Sachs rates trader who has worked at FRW, LMR Partners, Millennium and Taula Capital Management since…
MarketAxess appoints Head of North America Client Sales
MarketAxess Holdings, the operator of a leading electronic trading platform for fixed-income securities, has appointed John Maggiacomo to…
Appaloosa goes bargain hunting in China
Appaloosa Management, the distressed debt-focussed hedge fund founded by David Tepper, boosted its holdings in beaten-down Chinese stocks…
Peconic extends winning run with 18% YTD gain
Peconic Partners, the $1.8bn long-short hedge fund firm run by Bill Harnisch, has continued a four-year winning run so far in 2024, with…
Blackwells’ Ashford Hospitality Trust campaign stutters
Ashford Hospitality Trust’s CEO Monty J Bennett and director Kamal Jafarnia have tendered their resignations following the results of the…
Millennium, Schonfeld and Point72 among bitcoin ETF buyers
As well as proving popular with retail investors, bitcoin ETFs have caught the attention of hedge fund majors including Millennium…