Relative value/long volatility hedge fund group, Ionic Capital Management, launched in 2006 having been part of Highbridge Capital which was sold to JP Morgan.
Swiss-based crypto firm, 21.co, has announced a USD25 million round led by Marshall Wace. The firm writes that this round of funding values the business at USD2 billion, making 21.co Switzerland’s largest crypto unicorn.
ETFGI reports global hedge funds had net outflows of USD27.5bn in second quarter, against global ETF net inflows of USD157.7bn
ETF data gatherer, ETFGI, has reported that the global hedge funds industry suffered net outflows of USD27.5 billion (sourced from HFR) while the global ETFs industry gathered net inflows of USD157.7 billion in Q2 2022.