28 Sep 2023
India and LatAm hedge funds lead YTD industry gains
Emerging Markets hedge funds extended gains through mid-2023 with India and Latin America funds leading the way against a backdrop of…
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Brazilian hedge fund Upon Global to close and return investor cash
Former Morgan Stanley currency trader Thiago Melzer, is set to close his Brazilian hedge fund, Upon Global Capital, having been hit by a…
Rokos Capital Management to ramp up graduate intake
A 300% surge in graduate applications this year has prompted Rokos Capital Management, a $15.5bn London-based hedge fund firm, to draw up…
Ousted hedge fund Co-founder settles $636m Proskauer Rose malpractice law suit
Dr Robert Adelman, an ex-client of Proskauer Rose, has settled a $636m malpractice lawsuit against US law firm over his ousting from a…
Exotic hedge fund trade goes mainstream
Cboe Global Markets is aiming to position an exotic options trade used by hedge funds to profit from stock dislocations, as a more…
Bitcoin and ether to sustain strong performance in 2023, says Nickel Digital
Institutional investors and wealth managers are confident about digital asset performance and believe that both Bitcoin and ether will…
27 Sep 2023
Former Deutsche Bank duo to launch distressed debt hedge fund
Former Deutsche Bank colleagues Michael Sutton and Alex Mahler are teaming up again at Mahler's Alinor Capital Management to launch a new…
Andurand sees losses fall to 15% as crude climbs
Oil trader Pierre Andurand has seen year-to-date losses at his main Andurand Commodities Discretionary Enhanced fund shrink to 15% from…
NewGAMe proposes new GAM CEO candidate after hedge fund veteran Freeman backs out
Elmar Zumbuehl, GAM's chief risk officer, has been proposed as the company's new CEO candidate after Randel Freeman, the hedge fund veteran…
Citadel's Griffin to join consortium bidding for Telegraph Group
A consortium of investors led by Marshall Wace co-founder Paul Marshall looking to prepare a bid to acquire the Telegraph Group – publisher…
UBS adds trading veteran to US execution hub
Veteran trading executive Brian Williamson has joined UBS Group's US execution hub, which provides a suite of services to help hedge funds…
Caravel Capital urges Alpha Lithium Corp shareholders to accept Tecpetrol offer
Caravel Capital Investments Incorporated, an event-driven market-neutral hedge fund based in Nassau, The Bahamas, has published an open…
26 Sep 2023
Millennium expands internship programme
Multi-strat major Millennium is looking to steal a march on its rivals in the ongoing hedge fund recruitment war, by ramping up its…
European hedge funds and proprietary trading firms to up APAC derivatives trading
European hedge funds and proprietary trading firms are set to expand trading across the Asia-Pacific (APAC) region as opportunities and…
Exegy selects BMLL for historical data & analytics partnership
Exegy, a provider of end-to-end, front-office trading solutions for the capital markets, has signed an introducer partnership agreement…