07 Jul 2023
Verition joins Dubai hedge fund club
Verition Fund Management has become the latest hedge fund to announce plans to open an office in Dubai, following a host of other managers…
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Millennium launches India recruitment drive
New York-headquartered hedge fund Millennium Management is planning to expand its operation in India by launching a recruitment drive to…
Hedge funds weigh in on Argentinian stocks
The prospect of political change coupled with soaring inflation, which has pushed Argentina's benchmark stock index to a record high, have…
Citadel adds three more traders to team
Multi-strategy hedge fund major Citadel has continued its hiring spree with the addition of three new money managers to its Ashler Capital…
EEX global power markets June volume up 60% year-on-year
The total volume on the global power markets of EEX Group continued on an upward trend in June, rising to a total of 761 TWh, which equates…
Hedge funds tap Morgan Stanley operations execs
Morgan Stanley has recently lost the services of three operations directors – two MDs and an executive director – with all three leaving…
06 Jul 2023
Man Group to acquire credit manager Varagon
Man Group, the world's largest listed hedge fund manager, is to acquire Varagon Capital Partners, a US middle market private credit manager…
European hedge funds cut US bank exposure
European hedge funds have slashed their exposure to US banks since the beginning of the year, while more or less maintaining existing…
Citadel's flagship fund scores 7.15% H1 return
Citadel's flagship Wellington multi-strategy fund outperformed the broader hedge fund industry in the first six months of this year,…
Dechert adds hedge fund team from Proskauer Rose
Dechert has added Robert Leonard and Michael Mavrides, both specialists in the formation and operation of hedge funds on behalf of domestic…
Digital assets funds see second consecutive week of inflows
Digital asset investment products saw a second week of inflows totalling $125 million, bringing the last two weeks of inflows to $334…
Enfusion names Head of Partnerships and Alliances
Enfusion, a provider of cloud-native, software-as-a-service solutions for hedge funds and other investment managers, has appointed Andi…
05 Jul 2023
Odey facing 'fit and proper' FCA test
The UK's financial regulator the Financial Conduct Authority is investigating whether hedge fund manager Crispin Odey is "a fit and proper…
Dantai's flagship China hedge fund to shut
Heavy losses have prompted Dantai Capital to shut down its flagship hedge fund, the Greater China-focused Dantai Master Fund, after the…
AI-loving hedge fund CIO not keen on chatbot stock-picking
Greg Jensen, Co-Chief Investment officer at the world's biggest hedge fund Bridgewater Associates, has warned against the use of large…
