Performance Round-Up 2: Macro funds struggle in first six months of 2023
Posted: July 13, 2023
Macro managers continue to struggle in 2023 following sharp losses in March caused by the collapse of Silicon Valley Bank. [Read More]
CQS considering various strategic options
Posted: July 13, 2023
Michael Hintze’s CQS, which manages $15 billion in assets, is looking at a range of possible transactions and has hired [Read More]
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]