For the first time in history, more money follows a rule than a manager. Most investors know the passive story. Far fewer have fully internalised what it has done to the mechanics of equity markets: how it has changed the way stocks move, how it has transformed the products through which capital is deployed, and how the process by which capital is directed has become increasingly mechanical and rule-driven. Harjinder Thandi explores what this means for those that trade index rebalances.
Felix Lo recently featured in Reuters, commenting on increasing investor interest in the healthcare sector and the environment for healthcare-related mergers and acquisitions. The article highlights growing hedge fund exposure to healthcare stocks, with Goldman Sachs noting that allocations to the sector have risen to levels close to a five-year high. Increased use of AI […]
Shenan Dhanani recently featured in the Financial Times, commenting on the growth of the hedge fund industry amid strong market performance and increased investor demand. The article examines how hedge fund assets reached a record $5.6 trillion following a combination of positive investment performance and sustained inflows from institutional investors. It also explores the growing […]
Felix Lo recently featured in the Financial Times in an article examining how increasing regulatory complexity is shaping the merger arbitrage landscape. The article explores how transactions facing antitrust, national security and political scrutiny have created wider spreads than more straightforward deals, resulting in what some market participants describe as a “complexity premium”. As larger […]
The trick with a bubble isn’t calling the top, it’s staying in the game while it runs and knowing the moment to swing. Anton Tonev examines today’s AI boom through the lens of the dotcom era and asks whether the economics are keeping pace with the excitement.
Shenan Dhanani recently participated in a panel discussion at the Hedgeweek European Summit 2026, examining the challenges and opportunities surrounding talent management within the hedge fund industry. As part of the panel, Winning the War for Talent, Shenan joined industry participants to discuss competition for investment professionals, changing hiring requirements across investment and technology functions, […]
“Multi-strategy” has become a catch-all term, but not all models are built the same. Donald Pepper explores the structural differences between pod platforms and diversified multi-strategy funds, and why fees, liquidity, and investor alignment deserve as much consideration as returns.
Trium Capital recently featured in With Intelligence, following the firm’s assets under management surpassing $5 billion. The article highlights strong inflows across a number of Trium’s investment strategies during 2026, with merger arbitrage and macro among the largest contributors to the firm’s growth in recent years. Commenting on the milestone, Trium co-CEO Shenan Dhanani noted […]
Harjinder joins the firm following his time at Millennium, where he managed an index arbitrage portfolio. At Trium, he will be responsible for running an index rebalancing strategy, bringing additional expertise to the firm’s investment team. Prior to Millennium, Harjinder held roles at Schneider Investment Associates, Citi and Bank of America, building extensive experience across […]
Rosie Duffell recently featured in Wealthwise’s Distribution Verve series, discussing investor demand for liquid alternatives, portfolio resilience and the evolving role of asset management distribution. In the interview, Rosie highlights the increased focus among wealth managers on strategies that can diversify traditional equity and bond portfolios while maintaining transparency and liquidity. She discusses how ongoing […]
