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Plus, Ardian’s next chapter, Wellcome Trust warns of private equity ‘shakeout’, and Oslo’s burgeoning art scene
Multi-manager tells 150 employees, mostly in non-investment roles, they are losing their jobs
Plus, a star City trader enters the next phase of his career and ValueAct becomes the latest activist to storm Disney
The 75-year-old owner has no intention of retiring but has emphasised the firm’s transition to shared leadership
Izzy Englander’s $60bn firm had planned to put money to work with smaller multi-strategy rival
On a risk-adjusted basis, they have blown their rivals out of the water
Plus, ESG ratings, use of Fed overnight facility falls, and Sir John Soane’s Pitzhanger Manor
Struggling multi-manager hedge fund has turned to its larger New York rival for what would be the biggest tie-up of its kind
War for talent heralds the largest tie-up of its kind between multi-managers
Short position disclosed following hefty share price decline
Plus, Qatar bets on India’s Ambani and Turkey is enjoying an IPO renaissance
Plus, short selling is back, metaverse ETFs, and Casablanca returns to the big screen
Igor Tulchinsky ended up at Millennium Management and founded WorldQuant thanks to a non data-driven approach
Plan set out in letter to employees will see departure of co-CIO Bobby Jain
One style to rule them all, and in the alpha bind them
Plus, deconstructing Millennium’s performance, the return of the stockpicker and inside Fabergé’s world
Plus, Abrdn’s acquisition of Interactive Investor, US retail traders pile in, and a trio of ‘Perdita’ portraits
Multi-manager funds are driving traders’ compensation sky-high after thriving during coronavirus crisis
One of the industry’s best-performing firms is seeking to lock in investors’ money for longer
Hedge fund is set on business expansion after navigating market volatility through pandemic
Izzy Englander’s group had more than $4.4bn in blank-cheque companies at end of 2020
Izzy Englander’s Millennium Management had invested $4.4bn in blank-cheque companies at end of 2020
Quant fund is up nearly 20 per cent in an otherwise bleak year for computer-led funds
Managers across the Atlantic have been making higher returns, and assets tend to follow returns
Citadel, Millennium and Balyasny are among the big winners during first half of year
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