18 Jul 2022
Missfresh is latest Tiger Global bet to implode
Tiger Global has seen another bet go awry with grocery delivery start-up Missfresh having lost 97% of its value since its Nasdaq IPO in…
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Exabel integrates with Snowflake to accelerate alternative data integration
Exabel, a data and analytics platform for investment teams, has launched a new ‘Import Jobs’ feature, which provides a direct Snowflake…
Forge Global appoints chief legal officer
Forge Global Holdings, a global private securities marketplace, hired Johnathan H Short as its chief legal officer and promoted Jose Cobos,…
FXCM appoints new chief marketing officer
FXCM Group (FXCM Group), an international provider of online foreign exchange and CFD trading services has appointed Paul Gyles as chief…
SS&C GlobeOp Hedge Fund Performance Index flat for June
The gross return of the SS&C Technologies' SS&C GlobeOp Hedge Fund Performance Index for June 2022 measured 0.00%.Hedge fund flows…
15 Jul 2022
Growth concerns prompt Brazilian hedge funds to cut commodities bets
Growing fears of a global economic downturn have prompted some of Brazil’s largest hedge-fund managers to cut their commodities bets,…
Brilliance flagship fund rebounds 17% in June following major China losses
Brilliance Asset Management’s flagship fund Brilliance Partners Funds returned 17% in June on the back of a rebound in Chinese stocks,…
UBS Wealth Management adds ex-Goldman Sachs hedge fund specialist to team
A former Goldman Sachs hedge fund specialist has joined UBS Global Wealth Management, according to a report by finews.asia.Theresa Wong,…
Pathfinder SMA launches three more tactical and hedged strategies
Bhatt Innovation Capital LLC, a San Francisco Bay Area-based registered investment advisor, has launched three additional investment…
OSTTRA launches new solution to digitise paper confirmations
OSTTRA, a global post-trade solutions company, has launched a paper digitisation solution that enables market participants to reduce the…
Hedge fund asks Monro to pressure shareholder over company sale
US car service and tyre centre operator Monro Inc has been asked by hedge fund Ides Capital to pressure its controlling shareholder to drop…
Multi-strat funds lead June hedge fund losses
Hedge fund performance declined month-on-month in June, with multi-strategy leading losses with a return of -2.8%, according to the latest…
14 Jul 2022
Hedge funds bet against Musk boosts Twitter shares
Twitter shares have been given a boost following news that hedge fund Hindenburg Research has taken a stake in the firm on the basis that…
Sell-side makes significant progress on derivatives clearing capacity and give-ups
Derivatives clearing banks’ post-trade systems performed significantly better during the volatility of Q1 2022 when compared to their…
Northern Trust Front Office Solutions enhances liquidity management solutions for asset owners
As part of its initiative to deliver customisable solutions, Northern Trust has launched an enhanced liquidity management data tool in its…
