09 Oct 2023
Rithm sticks on original Sculptor bid despite sweetened rival offer
Rithm Capital, the real estate investment firm looking to seal a deal to acquire Scupltor Capital Management, is sticking with its original…
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Bank stocks find favour with hedge funds in September
Global hedge funds upped their bullish positions in banks, insurance companies, and other capital markets stocks towards the end of…
Odey AM's Neave to relaunch flagship fund at Bainbridge Partners
Odey Asset Management's flagship European Inc hedge fund is to be relaunched at Bainbridge Partners with manager Freddie Neave joining the…
06 Oct 2023
Month in review: 'Higher for longer’ sets the scene in September
Credit funds and CTAs benefit as Fed goes ‘higher for longer’ Hedge funds up basis trade activity to record levels AIMA et al mount SEC…
EEX's global power market trading up 86% Y-o-Y in September
Trading volume on EEX Group's global power markets increased 86% Year-on-Year to 756.6 TWh in September, with European power derivatives…
Wyden extends crypto liquidity with specialist broker Hyphe
Digital assets trading tech specialist Wyden has partnered with Hyphe to provide financial institutions, including banks, brokers and asset…
Moore Capital's Jacobs spins out $3bn inflation trading hedge fund
Joeri Jacobs is leading a group of Moore Capital traders who are spinning out from Louis Bacon's global macro hedge fund firm to launch…
Citadel scores in September to take YTD gains to near 13%
Citadel's multi-strategy flagship Wellington fund scored a 1.7% gain in September as tight monetary policy and rising fears of a US…
05 Oct 2023
Hazeltree appoints new President and Chief Executive Officer
Hazeltree, a provider of treasury and liquidity management solutions for the asset management industry, including hedge funds, asset…
KCL Capital closes as co-founder joins Balayasny
KCL Capital, the stock focused hedge fund firm founded by Point72 alumni Chris LaSusa and Kevin Cottrell has closed after nearly six years,…
Dalio focused on family office rather than Bridgewater return
Ray Dalio has said he is focused on running his own investments via his family office and is not plotting a return to Bridgewater…
Abrdn attracts additional short seller interest
Edinburgh-based fund Abrdn manager remains the fourth-most-shorted stock in the UK following disappointing results in August and has…
Margin finance rises piling pressure on hedge funds, says Acuiti report
The sell-side is increasing margin finance rates for hedge funds at a faster pace than rate rises, putting pressure on strategies and…
Multi-strats lead surge in hedge fund launches
New hedge fund launches surged through mid-2023 as managers shifted the strategic growth focus to aggressive expansion of inflation trading…
The changing requirements of capital raising for private fund managers
PARTNER CONTENTBy Gregory Knapp Vice President of Business Development, Opus Fund Services Over 80% of fund start-ups say securing…