28 Nov 2022
Previously negligible risks become a priority
Reliable liquidity in FX markets is not as available as it once was. Consolidation in the industry is leading to a huge demand for scale…
More
Elliott Management to fund £70m Superdry rescue
US activist hedge fund Elliott Management is set to refinance Superdry with a £70m funding package as a deadline for the clothing retailer…
Point72 among hedge funds hit by Carvana crash
A group of activist hedge funds have been hit hard by a spectacular plunge in the stock price of online used-car dealer Caravana Co,…
GLG Partners and BennBridge bet against Moonpig
Online greetings card and gift retailer Moonpig's shares may have already halved this year on the back of a slowdown in consumer spending,…
Citadel ups stakes in two dividend-paying energy stocks by 195% and 289%
Citadel, the hedge fund firm founded by billionaire investor Kenneth Griffin, significantly increased its stake in two dividend-paying…
Hedge fund researchers making $100k more than bank counterparts
Equity researchers employed by hedge funds firms are earning around $100k per year more than equivalent employees in the investment banking…
CIBC launches five new CDRs on NEO Exchange
CIBC has launched a suite of five new Canadian Depositary Receipts (CDRs) on the NEO Exchange, expanding NEO's existing lineup to 35 global…
Pictet Asset Management adds private debt team
Pictet Asset Management (Pictet AM) continues to strengthen its Fixed Income offering with the recruitment of four private debt…
25 Nov 2022
Operational efficiency critical to competitive advantage
The extended ramp up in regulation coupled with the challenging economic environment means hedge funds need to continue to look for ways of…
Sterling is ‘vulnerable’ to further falls, says Rokos
Rokos Capital Management, the hedge fund firm founded by billionaire trader Chris Rokos, has warned that sterling is vulnerable to further…
Private funds partner appointed as Goodwin's next London co-chair
Private funds partner Ajay Pathak has been appointed as the next London co-chair at law firm Goodwin Procter, according to a report by…
Ackman predicts Hong Kong dollar's US dollar peg will break
Bill Ackman, the boss of US hedge fund Pershing Square Capital Management, believes that it is 'only a matter of time' before the Hong kong…
Second Elliott exec to quit to join AC Milan
Stefano Cocirio, an associate portfolio manager at Elliott Advisors is to quit the US activist hedge fund to take up the role of chief…
ION discussing staged payments with Davidson Kempner for €1.4bn Prelios deal
ION, a privately-held financial technology group, is in discussions with US hedge fund Davidson Kempner Capital Management over striking a…
Securities Commission of the Bahamas defends transfer of FTX assets
The Securities Commission of the Bahamas has defended its decision to transfer all digital assets of FTX into digital wallets under the…
