12 Nov 2024
Citadel poaches Elliott Partner Bhanji
Ken Griffin's multi-strategy hedge fund major Citadel has made a high-profile hire with the appointment of Nabeel Bhanji, a partner from…
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Alameda boss Ellison begins two-year sentence over FTX fraud
Caroline Ellison, the former CEO of hedge fund Alameda Research and a central figure in the $11bn FTX cryptocurrency exchange scandal, has…
Hedge funds shift to bank stocks, exit green energy post-US election, says GS
Following Donald Trump's US presidential election win, hedge funds have quickly pivoted toward financial stocks while reducing their…
Hedge funds held most bearish yen positions since August ahead of US election
Hedge funds held their most bearish outlook on the yen since August ahead of last week's US presidential election, a sign many investors…
11 Nov 2024
Raptor Group invests in hedge fund targeting distressed US housing market
Jim Pallotta's family office, Raptor Group, is investing in a new hedge fund, Trevally Capital, which aims to capitalise on distressed…
Former Goldman and Citadel exec joins Point72 as Chief Risk Officer
Point72 Asset Management has named Michael Fisher as its new Chief Risk Officer, adding to a series of recent executive shifts as Steve…
Cinctive navigates market dip to shine in October
New York-based multi-strategy hedge fund firm Cinctive Capital Management achieved a strong 4% gain in October, outpacing its peers and…
Hedge funds up bullish WTI bets to highest level since March
Hedge funds have boosted their bullish stance on West Texas Intermediate (WTI) crude to the highest level seen since March, driven by…
SFERS ups hedge fund and VC fund allocations by $67m
The San Francisco City & County Employees' Retirement System (SFERS) has announced one additional hedge fund investment and a new VC…
Hedge funds lose over $5bn on Tesla shorts amid Trump-Musk alliance
Hedge funds betting against Tesla have chalked up paper losses of more than $5bn since Donald Trump's election victory, as shares in the EV…
Trump market rally nets Rokos almost $1bn single-day profit
Macro trader Chris Rokos captured nearly $1bn in profits during Wednesday's market rally following Donald Trump’s re-election, marking one…
08 Nov 2024
October gains put Third Point near best annual performance since 2021
Dan Loeb’s hedge fund, Third Point, posted a 2.7% gain in October, bringing its year-to-date performance up to 18.4%, placing the firm…
Top China hedge fund advises clients to take profits as Trump risks loom
Perseverance Asset Management, one of China’s largest hedge funds with over RMB100bn ($14bn) under management, has advised some clients to…
Hedge funds decline in October amid mixed strategy performance
Hedge funds posted declines in October amid mixed strategy performance as investors positioned for the US Presidential election amid…
Haidar Jupiter Fund extends losses with October decline
The Haidar Jupiter Fund, the macro hedge fund led by Said Haidar, reported a 10.81% loss in October, bringing its year-to-date decline to…