20 Jun 2023
FCA imposes cash movement restrictions on Odey AM
In an attempt to restore order after the removal of Odey Asset Management founder Crispin Odey amid allegations of sexual abuse and…
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Elliott's court case over cancelled LME Nickel trades gets underway in London
Elliott Associates and Jane Street Global Trading's $475 million lawsuit over the controversial cancellation of nickel trades by the London…
TNS upgrades European backbone
Transaction Network Services has enhanced its European backbone, aimed at delivering increased capacity to support an ever-increasing…
Citco opens new office in Guernsey
The Citco group of companies has opened a new office for the firm’s asset-servicing operations in Guernsey, offering fund accounting, fund…
19 Jun 2023
Odey freezes more funds as FCA moves to restrict movement of assets
Odey Asset Management has suspended withdrawals from two more funds – the Special Situations and Odey Portfolio funds – in response to…
Blackstone Horizon boss to quit over health concerns
Scott Bommer, the chief investment officer of Blackstone's Horizon Fund – the growth strategy in the company's Blackstone Alternative Asset…
Barclays ramps up hedge fund lending in Asia
Barclays Plc is tapping an increasing appetite from Asia-based quantitative and multi-strategy hedge funds for prime financing services and…
Hedge funds up oil short positions despite Saudi warning
Saudi Arabia's energy minister Abdulaziz bin Salman may have recently warned oil short sellers to "watch out", but hedge funds have turned…
SEC charges hedge fund over short-selling violations
The Securities and Exchange Commission has charged hedge fund Sabby Management LLC and its managing partner, Hal D Mintz, with fraud in…
Tiger Global struggling to attract cash for new VC fund
Tiger Global Management LLC is struggling to attract commitments for its latest venture capital investment vehicle, with the hedge fund…
16 Jun 2023
Hedge fund talent war prompts Marshall Wace to charge new "compensation fee"
Clients of London-based hedge fund Marshall Wace are set to pay a new "compensation fee" as the firm looks to hire and retain top talent in…
Investors sue Antara over short-swing AMC profits
Two investors in AMC Entertainment Holdings Inc are suing hedge fund Antara Capital LP, which holds roughly 30% of the company's…
Blockstone Capital debuts digital asset fund of hedge funds
Blockstone Capital, a London-based, FCA-authorised alternative investment fund manager, has launched a new digital asset fund of hedge…
Large cap tech and mining among most shorted securities in the Americas in May
The most shorted large-cap stocks in the Americas in May were mining and tech companies including Localiza, Ivanhoe Mines, Canadian Natural…
MFA proposes improvements for UK securitisation regulation to FCA
The Managed Funds Association has sent a letter to the UK Financial Conduct Authority proposing improvements to the UK regulatory framework…
