26 Jul 2023
HFA names new Board of Directors, Regional Director and Committee Chairman
Members of the Hedge Fund Association, an international nonprofit trade and nonpartisan lobbying organisation for the alternative…
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Clearwater launches investment management-focused generative AI tech
Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, is to launch…
25 Jul 2023
Rithm Capital to acquire hedge fund Sculptor for $639m
Rithm Capital Corp, a New York-based asset manager focused on the real estate and financial services industries, is to acquire $34bn hedge…
Balyasny appoints head of new Dubai operation
Balyasny Asset Management has continued to build out its senior team in Dubai with the appointment of Tarek Rizk, the Global Head of…
Man Group develops ManGPT AI portal
Man Group, the world’s largest listed hedge fund firm, has developed ManGPT, a new portal that allows anyone in the business to access…
Schonfeld loses senior tech and recruitment staff
Several senior staff in $13bn multi-strategy hedge fund firm Schonfeld's technology and recruitment teams have recently left the business…
Hedge funds moving back into gold as Fed nears rate hike endgame
Hedge funds are betting on July being the last in the US Federal Reserve's current programme of aggressive rate hikes aimed at bringing…
Digital asset funds see minor outflows following a month of inflows
Digital asset investment products saw minor outflows totaling $6.5m last week, following four weeks of inflows that totaled a combined…
24 Jul 2023
Hedge funds fuel banks’ prime brokerage profits
Hedge funds are helping drive prime brokerage revenues higher among investment banks such as Goldman Sachs, Morgan Stanley and Bank of…
Activist hedge fund TMR Capital circles Wagamama owner
Activist hedge fund TMR Capital is plotting a bid for The Restaurant Group in a move that would break up the FTSE 250-listed hospitality…
Man Numeric strategies fuelled by emerging market ‘data revolution’
Man Numeric, the quantitative investment arm of Man Group, says macro themes and nation subsets are outdated, with ever-increasing volumes…
Canada Pension Plan Investment Board to seed more startups
The Canada Pension Plan Investment Board, Canada’s largest pension fund, will seed more startup hedge funds this year as part of a plan to…
Hedge fund veteran Lee sounds warning on stocks
Equity markets are trading above their fair value and could see a sudden pull-back, according to Fundstrat Global Advisors managing partner…
Hedge fund capital rises again with $3bn in new inflows
Total hedge fund assets increased for the third consecutive quarter in Q2, as investors allocated new capital to equity hedge and event…
21 Jul 2023
Crypto Facilities names ex-True Arrow ops chief as new CEO
Crypto Facilities, a multilateral trading facility for derivatives referencing crypto assets which allows institutional clients to trade…
