21 Nov 2022
Growing pains: Winning new business as an emerging hedge fund
Capital raising as an emerging hedge fund manager has always been challenging and headwinds have been at full strength in 2022. How are…
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Man Group to launch crypto hedge fund despite FTX turmoil
Man Group is preparing to launch a dedicated cryptocurrency hedge fund despite the current turmoil in the market sparked by the collapse of…
Sculptor and former boss Och settle dispute
Founder Dan Och and other former senior executives of Sculptor Capital Management have resolved a legal fight with the hedge fund by…
Cohen's Point72 increases stake in two tech stocks and opens two new energy positions in Q3
Steven Cohen's Point72 Asset Management focused on dividend-paying stocks in Q3, upping its holding in two tech companies and opening two…
FTX's 50 largest creditors owed more than $3bn
As the Chapter 11 bankruptcy process for Sam Bamnkman-Fried's failed cryptocurrency businesses gets underway, initial court filings have…
Bybit strengthens compliance and risk processes
Crypto exchange Bybit, the world’s third most visited crypto exchange, is enhancing its risk management controls as part of the company’s…
Fasanara Capital secures new $200m mandate from major Canadian pension fund
Fasanara Capital – a London-based asset management and technology platform – has secured a strategic circa $200 million mandate from one of…
18 Nov 2022
Veriton taps Goldman, JPMorgan and Deutsche Bank for new portfolio manager hires
Verition Fund Management has added at least 11 portfolio managers in the last three months from institutions including Deutsche Bank,…
Bankman-Fried borrowed $1bn from Alameda Research
Sam Bankman-Fried, the former CEO of bankrupt trading firm Alameda Research, allegedly borrowed $1 billion from the business after it…
Brilliance loses 16% on Li Auto bet
Brilliance Asset Management, one of Asia's largest China-focused hedge funds, chalked up a 16% loss in October after a bet on electric…
Asian hedge funds favour China's Pinduoduo over rival JD.com in Q3
Some of Asia’s largest hedge funds cut their holdings in JD.com in the third quarter of the year in favour of investing in rival e-commerce…
Hedge funds maintain bullish stance on oil as EU embargo on Russian imports looms large
With the EU's embargo on Russian crude oil imports by sea and the EU-UK-G7 price cap on Russian oil set to come into force in December and…
SS&C GlobeOp Hedge Fund Performance Index at -0.96% for October
The SS&C GlobeOp Hedge Fund Performance Index for October 2022 measured -0.96%, while hedge fund flows as measured by the SS&C…
17 Nov 2022
Hedge funds kick off Q4 in positive territory
Over two-thirds (67%) of hedge funds recorded positive returns in October, marking a significant turnaround from the 31% that managed to…
S&P 500 stock rally bypasses equity hedge funds
The recent 10% rally in the S&P 500 bypassed some of the world's largest equity hedge funds, according to a report by Bloomberg, with…
