10 May 2024
Hedge funds up options on yen weakening
Hedge funds have renewed their attack on the Japanese yen just days after suspected government intervention to support the currency, with…
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Grifols short drives GIP gains
A short bet on Spanish multinational pharmaceutical and chemical manufacturer Grifols helped hedge fund General Industrial Partners earn…
Brevan Howard PM joins Citi as Managing Director
Yun Zhou, a former macro portfolio manager at global macro hedge fund major Brevan Howard, has moved to the banking sector in joining Citi…
AREX Capital to mount Enhabit board challenge
Activist hedge fund firm AREX Capital Management will mount a boardroom challenge at US home health and hospice services provider Enhabit,…
Point72 appoints Ex-Pictet total return EM bond chief as PM
Point72 has added another Portfolio Manager to its team with the appointment of Ketan Gada from Swiss asset manager Pictet Asset…
Bed Bath & Beyond launches $300m Hudson Bay lawsuit
Bankrupt retailer Bed Bath & Beyond is suing Hudson Bay Capital Management – the hedge fund at the centre of a filed last-ditch rescue…
09 May 2024
Verition taps Citigroup yen rates trader
Shin Kobayashi, Head of Japanese Government Bond Trading at Citigroup, has joined $9.9bn multi-strategy hedge fund Verition Fund Management…
EEX Group's global spot and derivatives power markets see record volumes in April
EEX Group saw a total of 1,139 TWh traded on its global spot and derivatives power markets in April – an increase of 72% YoY, marking a new…
LTX by Broadridge integrates with MultiLynq
LTX, a subsidiary of Broadridge Financial Solutions, has integrated with MultiLynq, a provider of electronic fixed income trading…
Hedge funds plan strategic investment in response to geopolitical and economic challenges
Geopolitical and economic factors may be behind a potentially significant shift in hedge fund investment and business strategy, including…
Bridgewater boss says firm has been ‘rewired’
Bridgewater Associates, the world's largest hedge fund firm, has had to be "rewired" as part of a push to improve investment performance,…
Consumer discretionary stocks are Europe's most shorted
Consumer discretionary – non-essential goods and services – was the most shorted stock sector in Europe as of 1 May, according to new…
JPMorgan Chase & Co to disengage with Segantii
New York-based bank JPMorgan Chase & Co will limit its interactions with Segantii Capital Management, a $4.8bn Asian hedge fund led by…
08 May 2024
Florin Court appoints new MD for Product Management
Diversified systematic asset manager Florin Court Capital has appointed Mike de Groot as Managing Director – Product Management. De Groot…
Citadel taps Amazon Applied Scientist for Quant Researcher role
Ken Griffin's multi-strategy major Citadel has recruited Georgios Kotsalis, a former Applied Scientist in Amazon's core AI team as a…