Judge finalizes Allianz’s $6B payment for collapse of Allianz Global Investors US funds
Posted: July 12, 2023
US District Judge Colleen McMahon ordered Allianz SE to pay $6 billion for misrepresenting the investment risk in Allianz Global [Read More]
Sightings….
Posted: July 12, 2023
Bobby Jain has hired Jaime Hobbeheydar to head up investor relations and marketing at Jain Global. The multi-strategy, multi-manager firm [Read More]
BOE warns leveraged basis trades are a large vulnerability if interest rates move sharply
Posted: July 12, 2023
The Bank of England’s just-released financial stability report finds that one of the biggest vulnerabilities to the global financial system [Read More]
Survey: 29% of traditional hedge funds are investing in crypto assets – down from 37% in 2022
Posted: July 12, 2023
The number of traditional hedge funds investing in crypto-assets in 2023 dropped to 29%, down sharply from 37% in 2022, [Read More]
Launches: Aita’s Cutter starts trading with $275M, 16Rock launches muni hedge fund
Posted: July 11, 2023
Vince Aita’s Cutter Capital Management has begun trading with $275 million and is looking to raise another $200 million. A [Read More]