16 Aug 2022
L3COS launches first fiat-on-chain
L3COS, a blockchain based operating system, is to launch the world’s first ever fiat-on-chain with three initial currencies – GBP, EUR, and…
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AirCarbon Exchange partners with Eventus to launch market surveillance programme for voluntary carbon market
AirCarbon Exchange (ACX) has partnered with Eventus to launch a market surveillance program for the Voluntary Carbon Market. ACX will use…
15 Aug 2022
Hedge fund litigation funding attracts SEC attention
Private funds, including hedge funds, could be made to report their spending on litigation finance under new rules proposed by the US…
Cigrek Capital launches EU platform for fund managers with digital assets strategies
Cigrek Capital has launched a fully-regulated, EU-based solution for managers of digital assets strategies seeking distribution to…
Point72's Cohen to launch crypto asset manager
Steve Cohen, the billionaire behind hedge fund boss of Point72 Asset Management, is planning to set up a crypto-specific asset manager,…
Former Platinum Partners hedge fund manager convicted of fraud
Daniel Small, a former portfolio manager at Platinum Partners has been found guilty of securities fraud and conspiracy by a federal jury in…
Saxo Markets appoints head of institutional sales
Saxo Bank, a fintech specialist focused on multi-asset trading and investment, has appointed Christine Kiener as its new head of sales for…
Apex Group appoints former FCA supervisor as compliance exec
Apex Group (Apex) has appointed Aneeqa Zamal as compliance executive in its Global Compliance Solutions business.Apex Group’s expanding…
12 Aug 2022
Hedge funds lead charge into stocks
Hedge funds led a charge by professional investors to unwind bearish wagers and snap up stocks this week, as the S&P 500 saw a 2% gain…
SS&C GlobeOp Hedge Fund Performance Index at 0.92% for July
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2022 measured 0.92%. Hedge fund flows as measured by the…
Melvin Capital under investigation by the SEC
Risk controls and investor disclosures at Melvin Capital Management are being investigated by the US Securities and Exchange Commission…
SEC and CFTC want clearer disclosure of hedge fund crypto exposures
The United States Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC), are proposing a change to…
ValueAct Capital wants NYT to push premium packages
The New York Times (NYT) is coming under pressure from ValueAct Capital, an activist hedge fund holding a 7 per cent stake in the business,…
Voce Capital gains board seat at Argo Group
Voce Capital, an activist hedge fund run by J Daniel Plants, has been granted a seat on the board at Argo Group International Holdings,…
FCA open letter sets out supervisory strategy for alternative investment firms
The FCA has set out its supervisory strategy for operators in the alternative assets space in an open letter to the CEOs of alternative…
