05 Feb 2024
Hedge fund trader gets six year sentence in 'Cum-Ex' tax scandal
The first Danish conviction in the 'Cum-Ex' tax evasion scandal has seen a hedge fund trader sentenced to six years behind bars for his…
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New Hong Kong-based hedge fund Viridian to bet on Asia stock sale revival
Pascal Guttieres, a former UBS Group banker, is launching a new Hong Kong-based hedge fund, Viridian Asset Management, that will bet on a…
Hedge funds bullish on undervalued copper stocks
Hedge fund managers from Tribeca Investment Partners, Terra Capital and Anaconda Invest are expecting significant gains for copper stocks…
02 Feb 2024
Point72 and Capstone make Milan move
Steve Cohen's Point72 Asset Management and Capstone Investment Advisors, the volatility arbitrage hedge fund firm founded by Paul Britton,…
Akin rehires Partner in New York
Law firm Akin Gump Strauss Hauer & Feld (Akin) has rehired Ira Kustin, who has experience with both hedge funds and credit funds, as a…
Hedge fund First Seagull swoops on Superdry stake
Norwegian hedge fund First Seagull has acquired a 5.3% stake in Superdry on the back of a series of profit warnings and a share price slide…
Activist Elliott secures Etsy board seat
Activist hedge fund Elliott Investment Management has secured a board seat at online retail platform Etsy with Portfolio Manager Marc…
Hedge funds leveraging Gen AI, says AIMA survey
Hedge funds are embracing generative AI with 86% of managers now granting their staff access to various tools to bolster their work,…
Eisler joins Dubai hedge fund 'club'
Eisler Capital is to become the latest member of the growing Dubai hedge fund 'club' with the London-based investment firm currently…
Man Group drops GLG brand as part of credit markets push
Man Group is ditching its GLG brand in the first big change since new CEO Robyn Grew took the helm at the world's largest listed hedge fund…
01 Feb 2024
Quant Vatic adds hedge fund-style trading team
Quant trading firm Vatic Investments, which takes 'inspiration' from systematic hedge fund firm Renaissance Technologies, has hired a new…
Opus appoints Executive VP in Canada
Global fund administrator Opus has appointed industry veteran James Jackson as Executive Vice President in Halifax, Canada. The appointment…
US hedge fund North Rock opens Singapore office
US hedge fund North Rock Capital is expanding its Asia footprint with the opening of a new office in Singapore. The move comes a year after…
Equity strategies lead double-digit 2023 hedge fund gains
Hedge funds achieved double-digit returns in 2023, led by equity strategies with a weighted average return of 21.91%, according to research…
Argentina granted leave to appeal €1.56bn hedge fund lawsuit
The Court of Appeal has granted Argentina permission to appeal a lawsuit brought by four hedge funds – Palladian Partners, HBK Master Fund,…
