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Qube Research will merge two major hedging funds with assets exceeding $20 billion.
[Coin World] According to reports, Qube Research & Technologies is merging its two largest hedging funds into a single pool, with assets exceeding $20 billion. According to insiders, the London-based investment firm plans to merge the Torus and Prism hedging funds before the end of the year. One insider stated that the company has been discussing this idea for some time and took this step because operating and allocating capital within one fund is more efficient. Due to the privacy of the details, the person requested to remain anonymous.