News

European debt firm Butler launches Ucits with MontLake

Butler Credit Opportunities Ucits will aim for annual returns between 8% and 10%


News round-up: San Francisco hedge fund pleads guilty to fraud

Elliott wins Arconic board nominee battle; Citadel to boost Irish headcount; and more…

CFTC commissioner wants self-funding model for agency

Bowen calls for firms to pay fees direct to derivatives regulator as budget ‘insufficient’



Highland: 20% chance of Trump impeachment

Senior management highlight a number of best ideas in the credit and equity space


Deerfield analysts charged over insider trading

Theodore Huber and Robert Olan accused of insider trading alongside political consultant and government employee


Gatemore ups stake in DX Group to 21%

Activist seeking to oppose reverse takeover by Menzies’s Distribution


News round-up: Loeb says Dow and DuPont should split into six

Hong Kong hedge funds leave Central as Chinese move in; Zodiac accepts reduced Safran offer; and more


Altegris drops Winton in mutual fund restructure

QIM and Lynx also cut from multi-manager futures fund


Prytania mulls niche structured credit launch

UK firm considering less traded opportunities in the European market


Cordium launches broker-dealer hosting platform 

New broker-dealer licensing solution created by consultancy giant


News round-up: HF drops 62% betting against Chinese economy

Massachusetts manager arrested over “Ponzi-like scheme”; HFs bullish over Greek resurgence


Top investment banks see 10% drop in Q1 prime services revenues

Overall revenues rise year-on-year, led by IBD, Coalition data reveals


Biggest MAPs see surge of assets in HFM survey

HFMWeek research highlights continued growth of major players in the sector




Ex-Moore Cap senior PM Mikheev to launch systematic firm

Bernina Systematic set to launch with internal capital and two other ex-Moore pros


Boston quant Acadian launches emerging market ESG fund

$82bn manager starts new vehicle with seed money from Cambridge Associates clients


Ex-BlueCrest PM readies risk-sharing platform

Michael Sandigursky staffs up ahead of Whitecroft launch


MVN to soft-close at start of July

Event-driven firm to pause asset raising as assets approach $300m


News round-up: Wheatley returns to finance with hedge fund role

Arconic and Elliott end five-month battle; Citigroup settles money laundering probe; and more