Monthly Archives: January 2023
Paul Tudor Jones, hedge fund billionaire, wants to do away with ‘ESG’
(CNBC) ESG has become one of the most polarizing topics for companies and across Wall Street. But billionaire hedge fund manager Paul Tudor Jones says that a lot of the pushback simply comes down to how it is framed by […]
Hedge fund confidence at two-year low, says AIMA
(Hedgeweek) The average confidence of hedge fund managers in the prospects for their businesses over the coming 12 months has hit a new two-year low, according to data released by the Alternative Investment Management Association (AIMA). To read this article:
Millennium taps JP Morgan quant leader for credit role
(Hedgeweek)Millennium has recruited Jack Tang as a senior credit strategist based in New York, according to a report by eFinancialCareers. Tang joins from JPMorgan where he spent over a decade and was an MD and head of several quantitative research […]
Blackstone’s hedge fund arm sees another senior exit
(Hedgeweek) Vlado Spasov, a managing director at Blackstone Inc, has become the latest executive to depart the alternative asset manager’s hedge fund division, according to a report by Bloomberg. To read this article:
Windham launches long-short quant commodity fund
(Hedgeweek) Windham Capital Management has launched the Windham Quantitative Commodity Fund which will be offered as a private fund vehicle consisting of three commodity investment strategies that have been implemented by the firm’s principals for more than a decade – […]
CFTC Charges Former New York City Commodity Pool Operator with Fraud
(HedgeCo.Net) The Commodity Futures Trading Commission today announced it filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against Mark A. Ramkishun, a former resident of New York City. The complaint alleges that Ramkishun […]
Stock futures are little changed after Nasdaq’s third-straight winning day
(CNBC) Stock futures were slightly higher early Wednesday as Wall Street looked to build on what has been a positive start to 2023 so far. Futures tied to the Dow Jones Industrial Average ticked up 30 points, or 0.09%. S&P […]
Powell says Fed might have to make unpopular decisions to stabilize prices
(CNBC) Federal Reserve Chairman Jerome Powell on Tuesday emphasized the need for the central bank to be free of political influence while it tackles persistently high inflation. “Price stability is the bedrock of a healthy economy and provides the public […]
FTX’s venture backers included Patriots owner Robert Kraft and billionaire Paul Tudor Jones, new filings show
(CNBC) It wasn’t just Tom Brady and Gisele Bündchen. The roster of high-profile investors who lost money betting on crypto exchange FTX also included New England Patriots owner Robert Kraft and billionaire hedge fund manager Paul Tudor Jones, according to […]
Coinbase to slash 20% of workforce in second major round of job cuts
(CNBC) Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950jobs, according to a blog post published Tuesday morning. Coinbase, which had roughly 4,700 […]
Flat December sees CTAs complete record year in 2022
(Hedgeweek) CTAs completed a record year in 2022 following broadly flat performance in December, according to data from Societe Generale, with the SG CTA Index down slightly at -0.15% for the month to finish with its best annual gain 20.07%. […]
Bridgewater cements position as China’s top foreign hedge fund
(Hedgeweek) Bridgewater Associates has cemented its position as the top foreign hedge fund operating in China after doubling its assets in the country last year to more than 20 billion yuan ($2.93 billion), according to a report by Reuters. To […]