08 Aug 2023
Brevan Howard adds veteran technologist to team
Brevan Howard has added another senior recruit to its ranks with the appointment of veteran technologist Steven Kordik, who has an…
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Point72 ups Singapore headcount to over 100
Point72 Asset Management, the hedge fund firm founded by Steve Cohen, now employs more than 100 people in Singapore having upped its…
MarketAxess acquires algorithmic trading provider Pragma
MarketAxess Holdings, the operator of an electronic trading platform for fixed-income securities, is to acquire Pragma, a quantitative…
Profit taking continues as digital assets funds see $107m in outflows
Digital assets investment products saw outflows this week totalling $107m as the profit taking seen in recent weeks continued to gather…
07 Aug 2023
Haidar's rollercoaster ride continues with 14% July loss
The rollercoaster ride at Haidar Capital Management continued in July with the firm's flagship macro hedge fund, the Haidar Jupiter Fund,…
Short-sellers sunk by bets against cruise lines and hotels
Hedge funds have lost more than $6bn this year betting against cruise lines, including Royal Caribbean and Carnival – two of the 10 most…
Credit and equity hedge funds on institutional investors most-wanted list
Large institutional investors, including pension funds and insurance companies, are looking to up their allocations to credit and equity…
Poor performance sees 13% of crypto hedge funds shut up shop in 2023
Poor performance and difficulties in accessing banking services has seen aground 13% of crypto hedge funds shut up shop so far this year,…
Tel Aviv Stock Exchange teams with Fireblocks for digital assets push
The Tel Aviv Stock Exchange (TASE) has signed a strategic agreement with Fireblocks which will see the exchange offer a range of secure…
04 Aug 2023
Month in review: Stocks and oil to the fore in July
July proved to be a good month for stocks and oil, giving US hedge fund managers plenty to celebrate way beyond Independence Day as they…
Tiger Global takes big stake in Apollo
Tiger Global, the hedge fund firm founded by Chase Coleman in 2001, has built a big stake in private equity group Apollo Global as the firm…
Outflows from Odey AM funds surpass $500m
A total of $600m has now been withdrawn from Odey Asset Management's funds in the wake of multiple allegations of sexual assault and…
Millennium taps Linklaters partner as international general counsel
Millennium Management, the New York-based, multi-strategy hedge fund major founded by Izzy Englander, has bolstered its legal team with the…
Hedge funds ditch metals traders as markets drift
A number of big-name hedge fund firms, including Balyasny Asset Management and Millennium Management, have parted company with metals…
Crossover Markets provides Cboe Digital connectivity via CROSSx
Crossover Markets Group has become the first external technology venue to provide connectivity to Cboe Digital, a US-regulated exchange and…
