28 Jul 2023
Equities and multi-strategy drive Q2 hedge fund gains
Hedge funds continued their resurgence in Q2, recording positive performance for a third consecutive quarter, with equities and…
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Brookfield shutters multi-strat hedge fund
Canadian asset management firm Brookfield Corporation is closing down Brookfield Hedge Solutions Advisors, a $1.3bn multi-strategy hedge…
Marshall Wace gains on NatWest short bet
Hedge fund Marshall Wace has made a multi-million pound gain on a bet against NatWest as the bank's stock tumbled in value following the…
Cboe Global Markets granted approval for clearing margined digital asset futures
As regulatory scrutiny intensifies in the cryptocurrency industry, Cboe Global Markets has secured regulatory approval from the US…
A&G launches Spain's first locally-regulated crypto hedge fund
Spain’s first locally regulated crypto hedge fund, which will be overseen by the country's financial markets regulator, Comisión Nacional…
27 Jul 2023
Hedge funds boost China stock purchases as government lays out growth plans
Hedge funds' net purchases of Chinese stocks accelerated to the highest pace seen in nine months this week as the government revealed plans…
Point72 leads hedge fund pharma FOIA requests in June
Point72 topped a list of 14 different financial institutions making a total of 46 Freedom of Information Act (FOIA) requests to the US Food…
Bets on AI, Japanese and US stocks drive Asian hedge fund outperformance
Bets on shares in AI-related companies, plus wagers on the wider Japanese and US stock markets, helped several Asia-based hedge fund firms…
Soroban candidate appointed as Union Pacific CEO
Activist hedge fund firm Soroban Capital Partners has succeeded in its efforts to force a leadership change at US rail company Union…
Point72 adds portfolio managers in New York and London
Point72 Asset Management, the $27.2bn hedge fund firm founded by Steve Cohen, has continued its recent hiring spree with the addition of…
Advantage Futures deploys Eventus’ Validus platform for trade surveillance
Advantage Futures, one of highest volume clearing firms in the futures industry, has partnered with Validus, a global provider of…
26 Jul 2023
Activist TMR wants portion of The Restaurant Group
TMR Capital, a British Virgin Islands-based activist investment hedge fund, firm wants to see the break-up of Wagamama owner The Restaurant…
Converium sticks with El Salvador bond bet after 180% return
Converium Capital, a hedge fund firm founded by former Fir Tree partners Aaron Stern, and Elliot Ruda, and ex-Clarke executive Michael…
M1 sues Credit Suisse for $100m over margin call
M1 Capital, a South Africa-domiciled specialist equity hedge fund investment firm, is suing its prime broker Credit Suisse for $100m over…
South Korea looking to reverse Elliott compensation award
Elliott Investment Management's long-running dispute with the South Korean government still has someway to go after Justice Minister Han…
