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NEWSLETTER | 26 Jun 2020  
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Short-sellers increase bets against Wirecard as hedge funds eye bigger pay-off from crisis-hit company’s demise

Hedge funds are holding off from closing their short positions in crisis-hit e-payments firm Wirecard AG - with some even increasing their bets – in expectation that its share price will tumble yet again, boosting short sellers’ returns even further.

 
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Hedge funds face sweeping changes to remote working and office space, as firms review footprint
Fri | 26 Jun 2020, 11:13
Most US hedge funds and other alternative managers expect to return to work before year-end, but a majority predict sweeping changes to work-from-home policies and office layouts, with close to a third of New York-based managers mulling a reduction in office space, a deep-dive industry study by Seward & Kissel has found.
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Bitfinex introduces zero fees on USDt/USD pair for users generating USD15m-plus 30-day volume
Fri | 26 Jun 2020, 11:13
Digital asset trading platform Bitfinex is offering zero fees on tether/US dollar (USDt/USD) pair to users who reach a trailing 30-day trading volume of more than USD15 million.
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UBP onboards absolute return strategy on alternative UCITS platform
Fri | 26 Jun 2020, 11:13
Union Bancaire Privée (UBP) has onboarded a new strategy on its alternative UCITS platform. Launched in partnership with Baltimore-based alternative investment manager Campbell & Company Investment Adviser (Campbell), U Access (IRL) Campbell Absolute Return UCITS is an absolute return fund.
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Sandberg Capital invests in Central European cloud services leader, Revolgy Business Solutions
Fri | 26 Jun 2020, 11:13
Sandberg Capital acquires a 35 per cent stake in Czech company Revolgy Business Solutions. The management team stays on board and continues to lead the company.
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Eventus Systems partners with VoxSmart
Fri | 26 Jun 2020, 11:13
Global trade surveillance and risk management software platform provider Eventus Systems has partnered with VoxSmart, a specialist in communications surveillance technology. 
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Iris Weidinger leaves EEX
Fri | 26 Jun 2020, 11:13
Iris Weidinger, Chief Financial Officer, has decided to leave the Management Board of European Energy Exchange AG (EEX) for personal reasons. 
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