15 May 2024
Prison sentence not appropriate for hedge fund manager Phillips, say lawyers
Neil Phillips, the co-founder of hedge fund Glen Point Capital who was convicted of manipulating the US dollar-rand exchange rate to…
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14 May 2024
In conversation: Bernie Yu, Chief Investment Officer at Patronus Capital Management
Ahead of the Hedgeweek Emerging Managers US Summit, Bernie Yu, Chief Investment Officer at Patronus Capital Management, talks to us about…
Digital assets funds see first inflows in five weeks
Digital asset investment products saw inflows totalling $130m last week, the first positive flows seen in five weeks, according to the…
Qube taps LSEG Infrastructure Programme Director as Quant Technology Director
Quant hedge fund Qube Research & Technologies has continued its recent hiring spree with the appointment of Simon Bannister as…
TOBAM's LBRTY strategy passes $100m mark
Paris-based quantitative asset management firm TOBAM's patented LBRTY strategy has surpassed $100m in AUM just six months after its launch,…
US proposes new hedge fund anti-money laundering rules
The US Treasury Department and the Securities and Exchange Commission have jointly proposed a number of new rules aimed at preventing the…
GameStop short sellers take $1bn hit
The sudden re-emergence of “Roaring Kitty” – aka Keith Gill – on social media triggered a huge surge in the price of GameStop shares that…
Chinese regulator investigates Zhejiang Ruifengda AM
China is currently investigating a hedge fund firm after it stopped repaying its investors. The move comes in the wake of increased…
13 May 2024
Hedge funds cut bullish oil bets to lowest level in almost two months
With easing tensions in the Middle East and a clouded fundamental outlook weighing on oil prices, hedge funds slashed their bullish bets on…
European retail hedge fund assets at eight-year low, says Kepler
A combination of higher interest rates and lagging performance has prompted European retail investors to reduce their hedge fund…
Marshall Wace makes £150m bet against consumer healthcare group Haleon
Marshall Wace, the $65bn London-based hedge fund firm co-founded by Paul Marshall, has taken a £150m short position in Haleon, the FTSE 100…
Camelot ups Asos stake
Camelot Capital Partners, the California-based hedge fund firm founded by William Barker, has upped its holding in fast fashion group Asos…
Deer Park looks to residential mortgage market
Colorado-based hedge fund firm Deer Park Road Management plans to invest in the residential mortgage market in anticipation of the US…
'Quant King' Simons dies at 86
Billionaire quant investing pioneer and philanthropist James Simons, who founded systematic hedge fund investment firm Renaissance…
Archegos boss to go on trial for fraud
Bill Hwang, the founder of failed hedge fund Archegos, which went bust in 2021 leaving banks nursing billions of dollars in losses, will…