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Intel
TOP STORY: Saba Capital has stepped up its campaign against Gore Street Energy Storage Fund, calling on shareholders to support proposals to wind up the £244m investment trust and demanding greater transparency around the recent sale of two Irish battery storage assets.
Intel
US Treasuries rallied as a sharp decline in oil prices helped ease inflation fears, giving Treasury secretary Scott Bessent some relief after months of rising long-term borrowing costs, according to a report by Bloomberg.
Intel
Hedge funds reduced their exposure to global equities at the fastest rate in two months last week, with investors selling existing long positions more aggressively than they established new short bets, according to a report by Investing.com citing data from Goldman Sachs’ Prime Services business.
Intel
Hedge funds are stepping up bearish positions against the US dollar as investors assess Treasury Secretary Scott Bessent’s plans to contain elevated US borrowing costs and manage the government’s debt profile, according to a report by Bloomberg.
Insight
In Alternative Views Hedgeweek®,goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Aline Carnizelo, CEO of Frontier Commodities. A $1bn + long/short commodity shop just two years after inception.Â
Intel
Quantitative hedge funds suffered their sharpest daily decline in more than two years ton Wednesday as violent market rotations battered momentum strategies, adding to pressure on systematic managers following last month’s technology sell-off, according to a report by the Financial Times.
Intel
Rokos Capital Management and Brevan Howard Asset Management were among a group of prominent hedge funds to suffer losses in July as sharp swings in artificial intelligence stocks disrupted strategies across the industry, according to a report by Bloomberg.
Insight
Ahead of the Hedgeweek US Summit in New York on 8 October, George Evans of Aksia, Jackie Rosner of PAAMCO Prisma and Paul Zummo of J.P. Morgan Alternative Asset Management joined Hedgeweek for a pre-event Coffee Chat on manager selection, due diligence and portfolio construction.
Intel
Hedge funds suffered their first monthly loss since the start of the second quarter in July, with weakness in equity and fixed-income arbitrage strategies dragging the industry’s weighted average return down 0.8%, according to Citco’s latest monthly hedge fund update.
Intel
A prolonged selloff in US Treasuries is creating a potential opportunity for hedge funds and other relative-value traders to exploit pricing discrepancies between Treasury futures and the underlying bonds, according to a report by Bloomberg.
