Hedge funds expect to hold 7% of assets in crypto within five years
A survey of 100 hedge fund CFOs globally, conducted by fund administrator Intertrust, found that executives expect to hold an average of...
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Crypto hedge funds struggle to recover from ‘bloodbath’
After a strong April, the total value of the crypto market comes to $265b. Crypto hedge fund returns are at 13.4% this year - compared to...
Ken Griffin’s Virus Plan Now Includes Emergency Trading Site in Florida
Market-maker Citadel Securities opened a temporary Palm Beach trading floor at a hotel while keeping all 24 staff from NY and Chicago...
Glitchy coronavirus markets cause quant funds to misfire
Renaissance, Two Sigma and DE Shaw suffer unusual setbacks with average quant fund losing 14% this year per Credit Suisse estimate....
FCA investigates Bank of England security breach
The UK’s financial watchdog has launched an investigation into a security breach at the Bank of England that allowed hedge funds early...
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