Sightings….

Randel Freeman has been appointed co-head and co-chief investment officer of GAM’s new alternative investments unit, GAM Alternatives. Albert Saporta [Read More]
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Some hedge funds caught short on Tesla run-up

Tesla stock, which had lagged the other “Magnificent Seven” stocks this year, is now making up for lost time. On [Read More]
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Brevan Howard eliminates management fee in Alpha Strategies fund until Jan 2025

In order to compensate for its high pass-through expense shouldered by investors, Brevan Howard  temporarily eliminated the 1% management fee [Read More]
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Performance Round-Up II: Large hedge funds generally post gains but lag stock market

Multi-strategy funds that have a relatively large exposure to the stock market tended to perform better than those focusing on [Read More]
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Sightings….

Andrew Chin, who has been at AllianceBernstein for 27 years, has been named the firm’s first director of artificial intelligence. [Read More]
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