04 Dec 2023
Citadel selects fewer than 0.3% of applicants for Sydney internship programme
Less than 0.3% of the applicants for the internship programme at Citadel and its market-making affiliate Citadel Securities in Sydney,…
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Marex completes acquisition of TD Cowen's legacy PB business
Marex has completed the acquisition of TD Cowen’s prime brokerage and outsourced trading business, which will now be integrated into the…
01 Dec 2023
Trian to up stakes in Disney fight
Trian Fund Management, the activist hedge fund firm founded by Nelson Peltz, is preparing to up the stakes in its campaign to agitate for…
Ripose pushes for board overhaul at energy producer
Two of SilverBow Resources Inc's largest investors, including hedge fund Ripose, are pushing the US oil and gas producer to revamp its…
Former SAC and Odey traders launch ‘first-loss’ hedge fund in Europe
Andrew Lubin, former CEO of the London unit of Steven Cohen’s SAC Capital Advisors, and Tim Pearey, former CEO of Odey Asset Management,…
IRS court win may mean higher taxes for hedge fund managers
The Internal Revenue Service has one upped the hedge-fund and asset-management industries in a case that could bring higher taxes for many…
3iQ launches crypto hedge fund platform
3iQ Digital Assets has announced a significant advancement in the digital asset management space. The company has launched the industry's…
30 Nov 2023
Top 30 Hedge Fund Firms: Latest on the world’s largest managers
This Hedgeweek report provides a breakdown of the Top 30 firms globally ranked by hedge fund assets, with intelligence on the key…
Disney preps for proxy fight against Trian
Walt Disney Co. appointed Morgan Stanley Chief James Gorman and veteran media executive Jeremy Darroch to its board of directors ahead of…
Asian hedge funds struggle to make money in Japan
Hedge funds that pivoted from China to Japan in 2023 have struggled to make money, according to a report by Reuters. The report notes that…
Irradiant Partners raises $411m for CLO equity strategy
Irradiant Partners, LP (Irradiant), an alternative investment manager with over $10bn in assets under management, announced the closing of…
Quant funds say China still a worthy bet
Despite investors limiting their exposure to the Chinese market, computer based funds still see plenty of opportunity in China, according…
Ogier Global appoints European Head of Fund Administration
Ogier’s corporate, fiduciary and fund administration services business Ogier Global has appointed David Fowler as European Head of Fund…
Inclusive Capital to shut shop
Inclusive Capital Partners, the fund founded by Jeff Uben, is closing down after a three year run. The activist investor has decided to…
29 Nov 2023
Hedge funds pessimistic about oil futures
Hedge funds and other money managers have only the equivalent of 3 million barrels in the six most important petroleum futures and options…