01 May 2024
Garda adds JPMorgan MD to Singapore office
US hedge fund firm Garda Capital Partners has expanded its yen rates trading capability with the appointment of JPMorgan Chase & Co…
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Man Group appoints Senior MD to focus on private credit and direct lending
Man Group, the world's largest listed hedge fund firm, has appointed Putri Pascualy as a Senior Managing Director, Client Portfolio Manager…
MFA calls on FCA to withdraw name and shame proposal
MFA, a representative body for the global alternative asset management industry, has submitted a comment letter to the FCA urging the…
Sculptor closes €354m European CLO XI
Sculptor Capital Management, an alternative investment company operating multi-strategy, credit and real estate strategies, has closed a…
Basis trade crackdown could pose credit market risk, says UBS
A regulatory crackdown on the so-called basis trade, a hedge fund strategy that looks to exploit price differences between Treasury futures…
Hedge funds are ‘dead as a doornail’ for UHNWIs, says Tiger 21 boss
Hedge fund allocations by ultra high net worth individuals (UHNWIs) have fallen to 2% of their investment portfolios from around 12% over…
30 Apr 2024
Hong Kong hedge fund ActusRay doubles assets to over $700m
ActusRay Partners, a Hong Kong-based hedge fund firm backed by the city's investment major Sun Hung Kai & Co, has more than doubled its…
Hedge funds up tech stock allocations
Hedge funds upped their purchases of technology stocks at the fastest pace seen in more than a year last week, driven by an increase in…
Digital assets funds see third week of outflows
Digital asset investment products saw outflows for the third consecutive week last week totalling $435m, marking the largest outflows since…
Hedge fund Weiss files for bankruptcy following wind down
Weiss Multi-Strategy Advisers, the New York-based hedge fund firm founded by George Weiss in 1978, has filed for bankruptcy about two…
Over 90% of alt fund managers using AI for risk and compliance
More than nine in ten (92%) alternative fund managers, including private equity and hedge funds, are already using AI as part of risk and…
Clear Street launches futures clearing services
New York-based diversified financial services firm Clear Street has launched futures clearing and execution services on US exchanges for…
Multi-strat launches dive in Q1, says Preqin
New multi-strategy hedge fund launches took a big tumble in the first three months of the year, accounting for less than 10% of all new…
Interactive Brokers adds Hong Kong spot bitcoin and ether ETPs
Automated global electronic broker Interactive Brokers has added Hong Kong spot bitcoin and ether exchange traded products (ETPs), which…
29 Apr 2024
Hedge funds reduce oil bets amid restrained prices
A relatively quiet week in the Middle East and weak US economic data combined to restrain oil prices last week, prompting hedge funds to…
