Shake-up at Bridgewater – 100 jobs to be cut

Bridgewater, led by CEO Nir Bar Dea, is making a number of changes in order to boost returns and become [Read More]
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Nishad Singh pleads guilty in FTX fraud investigation, cooperating with prosecutors….Places more pressure on Bankman-Fried

Nishad Singh, an FTX co-founder, is the third top FTX executive to plead guilty to criminal charges, placing more pressure [Read More]
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Sightings….

Cinctive Capital Management has added a new global long/short quantitative trading capability that will be overseen by Thong Nguyen, founder [Read More]
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Hedge funds continue selling Chinese stocks, ADRs

US hedge funds sold a net $5.7 billion of ADR for Chinese companies in February, up sharply from $300 million [Read More]
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Man Group’s total assets dip 4% in 2022 but alternatives provide strength

Man Group’s 2022 full-year report revealed that fees climbed 6% to $779 million and pre-tax profits grew 18% while assets [Read More]
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