Saba Capital Management, the firm run by American hedge fund tycoon Boaz Weinstein has declared stakes in ten UK investment trusts, according to a report by The Times.
Short positions in the gold market are falling, as money managers are increasing their speculative gross long positions in Comex gold futures, leading to the second-biggest ever short covering rally on record, according to a report by Kitco, citing data
Doug Haynes, a former President at Steve Cohen’s Point72 Asset Management until he resigned in 2018 having been named a defendant in a sexual discrimination lawsuit which was settled in 2020, is looking to raise $1bn for his new fund
Itau Asset Management, a Brazil-based money manager inspired by Ken Griffin’s Citadel and Izzy Englander’s Millennium Management, has appointed Bruno Serra, a former director at Brazil’s central bank, to raise money for a new family of funds in its
ASK Asset and Wealth Management, an India-based wealth and asset management firm, has added hedge funds to its Alternative Investment offering through the launch of a new business vertical, ASK Hedge Solutions.
Priya Kodeeswaran, a former long-short manager at Man Group and Portfolio Manager at Millennium Management, is to serve as both Founder and Chief Investment Officer of his newly-launched hedge fund, Katamaran Capital, according to a report by Bloomberg.
The transfer of funds from Odey Asset Management, in the wake of multiple allegations of sexual assault against the founder Crispin Odey, is continuing, with the firm confirming that the Odey Opportunity Fund and manager Geoffrey Marson have moved to
Dynamic Funds has added to its liquid alternatives offering with the launch of the Dynamic Credit Opportunities Fund which will seeks to generate absolute returns over a complete market cycle through long and short positions in primarily corporate debt securities.
Rokos Capital Management, the hedge fund firm founded by macro trader Chris Rokos, recorded a 2.4% gain for its flagship fund in September, taking YTD gains to 7%, despite double-digit losses earlier this year, according to a report by Bloomberg.
As investors adjust to the prospect of a period of higher-for-longer interest rates, they are expecting hedge funds to generate higher returns, according to a report by Reuters citing a new survey by BNP Paribas.
