06 May 2025
Pershing's Ackman urges board overhaul at alma mater Harvard
As founder of hedge fund Pershing Square Capital Management, Bill Ackman is no stranger to activist campaigns at his firm's portfolio…
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Hedge funds refine dispersion trades amid market volatility shift
Hedge funds are retooling one of last year’s most popular options strategies – index dispersion trades – as market turbulence and…
Digital asset fund investor sentiment remains strong with $2bn inflows
Digital asset investment products recorded a third consecutive week of inflows, totalling $2bn last week, bringing total inflows over the…
Ackman expands Howard Hughes stake as Pershing Square eyes Berkshire-style holding structure
Bill Ackman is taking a major step toward transforming his Pershing Square Capital Management hedge fund firm into a diversified holding…
Armistice sees heavy losses after locking in investors
Armistice Capital, a $2bn equity long-short hedge fund with a focus on biotech, has recorded its third straight month of losses in 2025 –…
05 May 2025
Einhorn’s bearish pivot pays off as Greenlight extends gains in volatile April
David Einhorn’s Greenlight Capital posted a 3.4% gain in April, capitalising on market volatility to extend its year-to-date performance to…
Hedge funds target private credit lenders as economic pressures mount
Hedge funds are ramping up short bets against private credit firms, including Apollo Global Management, Ares Management, and Blue Owl…
DE Shaw closes $1.3bn fund targeting bank risk transfers
Hedge fund DE Shaw has secured $1.3bn in commitments for its latest private credit vehicle, Diopter Fund II, which focuses on acquiring…
02 May 2025
Third Point reveals stake in US Steel, eyes credit and event-driven opportunities
Third Point, the hedge fund led by Daniel Loeb, has disclosed a “meaningful” stake in US Steel, expressing confidence that the company’s…
Palliser fails in push for Rio Tinto listing review
Activist hedge fund Palliser Capital failed in its bid to compel Rio Tinto to review a potential shift in its primary listing to Australia,…
AQR’s Delphi long-short strategy up 3.2% in April
AQR Capital Management’s Delphi Long-Short Equity Strategy continued to build momentum in April, gaining 3.2% for the month and bringing…
BlueBay axes Australia and New Zealand sales role
BlueBay Asset Management, the fixed income-focused hedge fund affiliate of RBC Global Asset Management, has scrapped its institutional head…
ExodusPoint leads multi-strat gains in volatile April
Despite a turbulent April marked by geopolitical uncertainty and shifting trade policy, some of the world’s largest multi-strategy hedge…
Hedge funds sideline major bets while doubling down on US equity shorts
Hedge funds are broadly pulling back from high-conviction trades across asset classes — with one notable exception – a growing appetite for…
01 May 2025
Tariff-driven volatility triggers surge in derivatives margin calls
Heightened market volatility following the Trump administration’s tariff escalation earlier this month triggered a sharp rise in…
