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Showing 181 - 190 of 1327 results for "Hedge Fund"

PIMCO names Asia Pacific lead

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... is the president of PIMCO Investments. They will report to Gregory Hall, the head of US GWM. Hong Kong-based head of hedge fund and quantitative strategies Ryan Korinke will relocate to Newport Beach.

Morphic co-founder joins hedge fund

KANIKA SOOD  |  MONDAY, 22 FEB 2021
A Sydney hedge fund has hired Chad Slater, who co-founded Morphic Asset Management. Slater has joined Drummond Knight, a hedge fund founded last year by Lindsay Taylor, who was a senior investor at Point72. Slater's new role is as a senior investment ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The managed accounts platform has recorded a 113% increase in net profit after tax from the first half of 2020 to $3 million, following the acquisition of Powerwrap. In its half-year results, Praemium reported a 69% jump in funds under administration ...

Best, worst investment ideas for 2021: ARK

ELIZABETH MCARTHUR  |  TUESDAY, 2 FEB 2021
... insurance giant MassMutual invested $100 million in Bitcoin in 2020. Billionaire investor Stanley Druckenmiller and macro hedge fund investor Paul Tudor Jones also disclosed investments in Bitcoin last year. Fidelity Digital also announced it would hold ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... to short-squeeze hedge funds. The amateur investors, using the Reddit forum WallStreetBets, are reportedly targeting hedge fund Melvin Capital Management for putting a hefty short position on the stock and leaving a paper trail in doing so. As a result ...

Former Trump aide launches crypto fund

KARREN VERGARA  |  MONDAY, 18 JAN 2021
The former communications director of outgoing US President Donald Trump has launched a cryptocurrency hedge fund. Anthony Scaramucci, the founder and managing partner of US$7 billion alternative investment manager SkyBridge Capital, has launched SkyBridge ...

BlackRock results reveal Aladdin trajectory

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
... for BlackRock, with $1.1 billion in performance fees earned over the year - more than double 2019 levels. A single hedge fund strategy that delivered "exceptional performance" was responsible for roughly 60% of the performance fee earnings. Compensation ...

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
Praemium saw a sharp rise in the December quarter as a result of its acquisition of Powerwrap, showcasing the benefit of increased scale. The platform saw a 69% increase year-on-year in global funds under administration (FUA), lifting the business to ...

CFM local head takes on new role

KARREN VERGARA  |  FRIDAY, 8 JAN 2021
... total at CFM, based in Sydney and Tokyo. His prior experience includes working as a senior portfolio manager within the hedge fund investments group at the Canada Pension Plan Investment Board, based in Toronto from 2006 and 2011, responsible for selecting ...