Hedge funds administered by the Citco group of companies (Citco) achieved a weighted average return of 0.01% overall in the third quarter, to push year-to-date (YTD) returns to 8.12%, with global macro (3.07%) and fixed income arbitrage funds leading the
Saba Capital, an American investment fund, is fundraising for a $500m fund that will look to take activist positions in UK investment trusts holding listed equity, according to a report by Investment Week.
Hedge funds have remained in the green, year to date with only two exceptions, according to a report by Forbes that cites data from Citco and the PivotalPath Composite Index.
Hedge funds are selling off their consumer staple stocks in the US, a move which is driven by concerns about how weight loss drugs will impact eating habits, according to a report by Reuters that cites data from a recent
Ironshield Capital Management LLP, a London based hedge fund manager, has announced the first close of its Ironshield Credit Opportunities Fund LP, with a €300m capacity.
European hedge funds are increasing their allocations to defensive stocks, while selling cyclicals in October, according to a report by Reuters that cites data from a recent Goldman Sachs trade flow report.
Siepe, a provider of technology-enabled services and compliance and reporting for the credit and hedge fund industries, has closed three broadly syndicated collateralized loan obligation transactions in Q3, representing a total of $1.2bn new issue CLO paper printed, and a
Regal Funds Management, an Australian hedge fund with AUD6bn ($3.8bn) in AUM, is looking into shares of potential takeover targets in the domestic lithium sector, according to a report by Bloomberg.
Berry Street Capital, a London- headquartered hedge fund run by Ex-Paulson Partner Orkun Kilic, is shutting down, according to a report by Bloomberg.
Hedge funds across the globe are reducing their exposure to mega cap tech firms, according to a report by Reuters that cites data from JPMorgan Chase’s positioning Intelligence Unit.
