30 May 2023
Jennison makes potential $5bn Nvidia gain
Jennison Associates, a low-profile hedge fund with offices in New York and Boston, has potentially scored a $5 billion gain on Nvidia so…
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Hedge funds short copper for first time in three years
Hedge funds are making wagers against copper on the London Metal Exchange for the first in three years after prices tumbled following…
Hedge funds up 0.32% in April, says SS&C GlobeOp index
Hedge funds gained 0.32% in April, according to the performance of the SS&C GlobeOp Hedge Fund Performance Index for the month. Hedge…
Tadaoki Kokusai launches hedge fund replication vehicle
Tadaoki Kokusai, a multi-platform wealth and asset management firm, has launched the Responsive Alternative Strategies Fund, a hedge fund…
TS Imagine makes two key hires in Hong Kong
TS Imagine, a global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, has made two…
Broadridge makes senior sales hire
Broadridge, a provider of trading solutions for banks, broker-dealers and other institutional investment clients, has added a highly…
26 May 2023
Digitising the workforce
Many hedge fund COOs appear resistant to the idea of deploying AI – and similar types of disruptive technology – inhouse. But that’s only…
Cutting through the noise
Hedge funds’ use of and need for alternative data continues to increase. Today, the problem is less about how to get enough, and more about…
Levelling up
Recent technological advances – notably in AI – have put hedge funds on the cusp of next-level investment strategies. Is 2023 the year the…
Supporting innovation: The forces driving a new wave of outsourcing
In a year beset by spiralling costs, outsourcing is once again in the spotlight. Hedgeweek’s latest research report – Supporting…
Tech and cyber outsourcing to become the norm
Financial firms are facing growing complexity in the nature of the cyber threats they receive. This, coupled with increasing regulatory…
Hedge fund investors pull record $11.6bn in April
Hedge fund investors pulled $11.57 billion in April as the sector saw its biggest month of outflows so far this year, taking YTD outflows…
Brahman shutters stock-picking hedge fund after over 30 years
Brahman Capital Corp's stock-picking hedge fund is to close after over 30 years of trading following losses in the past two years,…
Head of stewardship quits activist Elliot
Christine O'Brien, the head of investment stewardship at activist investment firm Elliott Management, has resigned after almost 12 years…
Ruitian loses court battle with former trader
Chinese quant hedge fund Shanghai Ruitian Investment has been ordered to pay damages of RMB3.5 million ($495,000) to its former head of…