07 Mar 2023
Millennium adds portfolio managers in Singapore
Multi-strategy hedge fund Millennium has added several portfolio managers in Singapore just five months after moving to new larger premises…
More
Hedge funds launch new LME nickel trade lawsuits
Ten hedge funds and asset managers have launched two new lawsuits against the London Metal Exchange over the cancellation of billions of…
SEC accuses crypto hedge fund of fraud
The US Securities and Exchange Commission has accused crypto hedge fund BKCoin Management and one of the firm's co-founders, Min Woo…
Horizon launches Singapore Exchange connectivity
Horizon Software, a provider of electronic trading solutions and algorithmic technology for the global capital markets, has launched new…
Digital assets funds see fourth week of outflows
Digital assets investment products saw minor outflows totalling $17 million last week, marking the fourth consecutive week of negative…
06 Mar 2023
Bridgewater raises over $800m for new 'Defensive Alpha' strategy
Bridgewater Associates has raised over $800 million for a new hedge fund strategy designed to protect investments during equity bear…
NatWest's ex-head of euro swaps trading joins Brevan Howard
Brevan Howard has appointed Owen Coughlan, the former head of euro swaps trading at NatWest Markets, as a portfolio manager based in…
Commodity traders see $115bn in gross margins in 2022
Research by consultants at Oliver Wyman has highlighted that market volatility driven by Russia's war in Ukraine fuelled gross margins at…
Coinbase acquires crypto hedge fund
Coinbase has acquired One River Digital Asset Management, a digital asset manager and SEC-registered investment adviser, from One River…
Bridgewater makes senior ESG hire
Bridgewater Associates has appointed Christopher Palazzolo as head of Europe and global sustainable investment partnerships, according to a…
Goldman Sachs macro team makes hedge fund switch
A London-based macro sales team at Goldman Sachs led by Nohshad Shah, Goldman's co-head of EMEA interest rates sales, and managing director…
Time to re-establish trust
Safeguarding assets has become critical in the world of digital assets. Edouard Hindi (pictured), chief investment officer, TYR Capital,…
03 Mar 2023
UK should ditch public disclosure of short positions, says MFA
The Managed Funds Association, a trade body for the hedge fund industry, has written a letter to the UK's HM Treasury suggesting that the…
Activist Loeb acquires passive AMD stake
Dan Loeb, the founder of activist hedge fund Third Point Management, has acquired a passive stake in multinational semiconductor…
Gramercy appoints president
Gramercy Funds Management, a $5 billion investment manager focused on emerging markets, has appointed Tom Humphrey to the newly created…