12 May 2023
Offshore law firm Collas Crill adds to Cayman corporate team
Collas Crill has appointed Chantelle Day as Counsel in its Corporate, Finance and Funds team in Cayman. Day trained and worked in a large…
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11 May 2023
The quest for liquidity in volatile times
Hedge fund managers and their investors need to adapt to volatility while achieving capital and liquidity efficiency across all asset…
Man Group names next CEO as Ellis announces retirement
Man Group CEO Luke Ellis has announced his intention to retire with Robyn Grew, currently president of the group and a member of the…
Federal probe revelation wipes 20% from Icahn's hedge fund
Shares in Carl Icahn’s hedge fund slumped by 20% on Wednesday after the firm revealed that federal prosecutors requested documents from the…
Citadel and Balyasny tap Goldman Sachs and JPMorgan for Hong Kong talent
Multi-strategy hedge funds Citadel and Balyasny are both recruiting for their Hong Kong operations and, as has become fairly commonplace…
Hedge funds cut bank stock exposure in April
Having bought discounted bank equities in March during the market turmoil triggered by the collapse of Silicon Valley Bank and Signature…
US default risk worse than 2011, says veteran hedge fund manager
Veteran hedge fund manager Sushil Wadhwani has warned that a deeply divided US Congress may push the country to the brink of a default and…
Rising costs and high staff turnover force hedge funds into IT management rethink
The 'Great Resignation' has had big impact on hedge fund IT management strategies with 87% of firms looking to increase outsourcing due to…
MFA appoints vice president and senior counsel
The Managed Funds Association, the trade association for the global alternative asset management industry, has appointed Rachel Grand as…
10 May 2023
The future of crypto exchanges in an ever-changing environment
With recent research indicating the global cryptocurrency market size will grow from $4.67bn in 2022 to $12.10 billion by 2030, the…
Global hedge fund launches slump to lowest level since 2017, says Preqin
On-going bouts of market volatility coupled with the current turmoil in the banking sector have seen global hedge fund launches slump to…
Former Morgan Stanley MD quits new hedge fund role after just three months
James Beeston, a former managing director and co-head of EMEA prime brokerage at Morgan Stanley who joined London-based hedge fund Marble…
Hestia secures four seats on Pitney Bowes board
Activist investor Hestia Capital Management has had four of its five director candidates elected to the board Pitney Bowes following a…
MFA urges SEC to withdraw amendments to custody rule
The Managed Funds Association has submitted a comment letter to the US Securities and Exchange Commission calling for the proposed custody…
Short-bitcoin sees record weekly outflows of $23m
Digital asset investment products saw outflows totalling $54 million last week, representing the third consecutive week of negative…
