12 Apr 2024
South Korea ordered to pay US hedge fund $32m over Samsung merger
A Dutch arbitration court has ordered South Korea to pay New York hedge fund Mason Capital Management more than $32m in a dispute over the…
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11 Apr 2024
Tokenised hedge fund provides 37% yield
The USDe token, Ethena's so-called synthetic dollar, which aims to replicate the common hedge fund basis trade, is attracting billions of…
Dymon makes appointments across Asia
Dymon Asia Capital, the Singapore-based hedge fund firm founded by Danny Yong and Keith Tan in 2008, has added to its team in the firm's…
Abacus Group appoints new CEO
Abacus Group, a managed services provider to hedge funds and other alternative investment firms, has appointed Anthony J D’Ambrosi as its…
Stock-pickers lead hedge fund pack in Q1 but still trail benchmarks
Stock-picking hedge funds were the best performing hedge fund strategy in Q1 2024 with an average 7.9% gain, but they still trailed the…
Chevron joins Tesla as most shorted large-cap security in March
Chevron and Tesla topped the Americas large-cap list for most shorted stocks in March, according to the latest Shortside Crowdedness Report…
Top Goldman Sachs exec joins Millennium
Millennium Management, the multi-strategy hedge fund major founded by Izzy Englander, has tapped another Goldman Sachs executive – the…
Brevan Howard’s crypto fund up 35% in Q1
Brevan Howard Asset Management’s cryptocurrency fund, BH Digital, which manages around $1.7bn in assets, returned 34.5% in the first three…
DE Shaw's Valence fund off to strong start in 2024
Quant hedge fund firm DE Shaw's statistical arbitrage Valence fund has started the year strongly with a 9% Q1 gain, beating the average 5%…
10 Apr 2024
Cassini enhances PB margin replication capabilities and stress testing
Cassini, a provider of front-to-back margin and collateral analytics and optimisation tools for derivatives and prime brokerage clients,…
Hedge funds sell US stocks for fifth week running
Global hedge funds sold off US stocks at a faster pace than they bought for the fifth week in a row last week, with much of the sell-off…
McKay Brothers launches fastest London-Stockholm private bandwidth
McKay Brothers International (MBI) has launched the lowest latency private bandwidth between London and Stockholm, connecting London’s LD4…
Ultimus LeverPoint partners with WCM Investment Management
Ultimus LeverPoint Private Fund Solutions, an independent provider of fund administration, accounting, and investor solutions, has…
Broad Reach IM puts faith in frontier markets
London-based emerging markets-focused macro hedge fund Broad Reach Investment Management is putting the entirety of its cash allocation for…
Alternative fund managers struggle with compliance
Alternative fund managers, including hedge fund managers, are losing investment mandates or clients because of compliance issues, according…
