12 Oct 2022
Hedge fund Elliott, Jane Street granted court approval to sue LME over cancelled nickel trades
Elliott Investment Management and Jane Street have been granted permission by a court in London to sue the London Metal Exchange (LME) over…
More
CFA Society Chicago names new board chair
William “Bill” Fitzpatrick, CFA, Managing Director and Portfolio Manager at Logan Capital Management, (Logan Capital), a registered…
DTCC’s NSCC processes first trade on new SFT clearing service
The Depository Trust & Clearing Corporation (DTCC) subsidiary National Securities Clearing Corporation (NSCC) has gone live with its…
SDX Web3 launches Institutional Custody Service for Crypto Assets
SDX Web3, a newly launched business unit from SIX Digital Exchange, is now live with its Institutional Custody Service for Crypto Assets.…
11 Oct 2022
Former hedge fund manager and winemaker joins Nomura
Jim Hough, a former hedge fund portfolio manager at BlueCrest and Brevan Howard, has joined Nomura as a managing director on the firm's…
New stock hedge fund secures billion-dollar Millennium backing
A new hedge fund to be launched next year by DE Shaw and Point72 Asset Management alumni has secured multi-billion dollar backing from…
Waha MENA Equity Fund takes 15th spot in list of world's top 50 hedge funds
The Waha MENA Equity Fund, the flagship fund of Abu Dhabi-based investment management company Waha Capital PJSC has been ranked in 15th…
Macro funds outperform long-short peers in navigating stormy Chinese markets
Betting on big-picture macroeconomic changes has helped some hedge funds navigate – and outperform – China's rocky stock markets so far…
EDI launches new corporate actions product
Data provider Exchange Data International (EDI) has launched Readable Corporate Action Notices (RCAN), a new product offering that is…
Pragma expands execution algorithms with deep-learning capabilities to Canadian markets
Pragma, an independent, multi-asset class algorithmic trading technology provider, has enhanced its deep-learning enabled execution…
Short investment products account for lion's share of digital asset fund outflows
Digital asset investment products saw outflows totalling $5 million last week, although the majority was from short investment products,…
10 Oct 2022
Striking a balance between safety and growth
The financial landscape is in flux, as investors in the cryptocurrency space tackle a number of market headwinds which can cause some…
Davidson Kempner wants Schneider Electric to improve Avela offer
A group of investors including Davidson Kempner Capital Management, is hoping to persuade Schneider Electric SE to increase its £31 per…
Argonaut Capital boss wants freeze on all new wind and solar power projects
Barry Norris the founder of London-based specialist equity fund management company Argonaut Capital, wants all new wind and solar power…
Currency and quant hedge funds gain as sterling posts steep decline
Macro hedge funds surged in September, with strong contributions from currency and fixed income exposures as the US dollar extended record…
