Hedgeweek Newsletter

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NEWSLETTER | 5 Aug 2020

Hedge fund short sellers “battered” by USD6 billion loss in tech rally – but bearish bets may yet rebound

Hedge fund short sellers took a hefty beating in what proved to be a bruising July, losing some USD6 billion across a range of strong-performing technology stocks, including more than USD4 billion from Tesla shorts alone.

Wed | 5 Aug 2020, 11:45

GAM Systematic, the Cambridge-based quantitative investment management unit of Swiss-headquartered global asset manager GAM, saw its assets tumble in the first half of 2020 as investors withdrew CHF900 million (USD981.3 million).

Wed | 5 Aug 2020, 11:45

Pictet Asset Management, the investment management arm of the Geneva-headquartered wealth management giant Pictet Group, has unveiled a new market neutral global equity hedge fund which trades liquid US and European stocks, with a low correlation to broader equity markets.

Wed | 5 Aug 2020, 11:45

Linedata, a provider of credit and asset management technology, data and services, has partnered with analytics platform Invisage to help global hedge funds and asset managers streamline investment research costs in the post-MiFID II environment.

Wed | 5 Aug 2020, 11:45

Voting is now open for the Hedgeweek US Awards 2020, which will be announced and celebrated at an exclusive virtual ceremony and industry networking event to be held on Thursday 29 October.

VOTE NOW >

SPAC IPOs on the rise in 2020, says Proskauer study

Wed | 5 Aug 2020, 11:45

International law firm Proskauer has released released its 2020 SPAC IPO Study which reveals that from 2016 through 2019, SPAC IPOs have been on the rise in terms of both absolute number of deals and gross proceeds raised.

Wed | 5 Aug 2020, 11:45

IHS Markit has integrated its multi-asset class investment management platform thinkFolio with Investor Access.

Wed | 5 Aug 2020, 11:45

Huobi Asset Management (Hong Kong), the wholly-owned asset management subsidiary of Huobi Technology Holdings, has been granted with Type 4 (advising on securities) and Type 9 (asset management) licenses by the Securities and Futures Commission (SFC) to conduct the respective regulated activities.

Wed | 5 Aug 2020, 11:45

Avelacom, a high-performance global connectivity and IT infrastructure provider for the financial services industry, is launching its low latency network, market data and Infrastructure-as-a-Service (IaaS) solutions for market participants on B3, Brazil's stock exchange.

Wed | 5 Aug 2020, 11:45

Digital asset trading platform Bitfinex is offering a reward to persons that connect the exchange with the hackers responsible for the unauthorised transfer of almost 120,000 bitcoins from the exchange in August 2016.