11 Sep 2023
ExodusPoint eyeing $1bn in new capital
ExodusPoint Capital Management, the hedge fund firm founded by Michael Gelband and Hyung Lee, is looking to raise $1bn in new money from…
More
Schonfeld, Balyasny, ExodusPoint lag rivals as multi-strats struggle
After several years as the top choice for many hedge fund investors, multi-strategy, multi-manager firms including Schonfeld Strategic…
Credit hedge funds benefit from "higher for longer" interest rate environment
The current "higher for longer" interest rate environment has created attractive opportunities for credit hedge funds that focus on…
Hedge funds turn more negative on euro ahead of ECB rates decision
With an interest rate decision by the European Central Bank (ECB) looming large this week, hedge funds have turned more negative on the…
Gold-i launches multi-asset liquidity aggregation & distribution platform
UK digital assets fintech Gold-i has developed an enhanced multi-asset liquidity aggregation and distribution platform, combining three of…
08 Sep 2023
Event driven and equities strategies lead hedge fund gains in August
Hedge funds posted gains in August led by event driven and equity hedge strategies, with the HFRX Event Driven Index gaining +1.10%, and…
Trend followers to benefit from bearish US bond and yen trades
Hedge funds using computer algorithms to trade market trends are set to benefit from recent falls in US government bonds and the value of…
Paulson sued for securities fraud by Puerto Rico business partner
Fahad Ghaffar, a longtime business partner of John Paulson in Puerto Rico, has sued the hedge fund veteran alleging Paulson made fraudulent…
Brevan Howard business development head departs
Peter Hornick, Head of Business development at $33m global macro hedge fund manager Brevan Howard, and the man responsible for luring top…
Senior Deutsche Bank rates trader joins Alphadyne
Eren Ozgur, the Head of Global Rates Strategies at Deutsche Bank has quit to take up a portfolio management role at Alphadyne Asset…
Centerprise integrates OMS platform with Broadridge’s NYFIX
Centerprise Services, a provider of advanced trading and order management systems for hedge funds and asset managers, has integrated and…
Allen & Overy adds Partner to funds and asset management practice
Allen & Overy (A&O) has appointed Elaine Hughes, an adviser to hedge funds, private equity funds, venture funds, credit funds, and…
07 Sep 2023
Information overlord: Reorg’s proprietary data, analytics and intel make it a key partner for private credit professionals
As a global provider of proprietary private credit data, analytics and intelligence, Reorg is a key partner for thousands of leveraged…
Jain continues recruitment drive ahead of 2024 hedge fund launch
Former Millennium Management executive Bobby Jain is continuing preparations for what is expected to be one of the biggest hedge fund…
Dollar is too risky too short, say hedge funds
The US Federal Reserve's apparent 'higher-for-longer' thinking on interest rates, coupled with rising Treasury yields, means that the…