11 Nov 2024
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…
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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…
Hedge funds net $1.2bn profit from renewable energy sell-off following Trump win
Hedge funds, including Arrowstreet Capital and Qube Research & Technologies, that bet against renewable energy stocks have seen profits…
BlackRock in early talks for minority stake in Millennium
BlackRock is in preliminary discussions with Millennium Management to explore a potential strategic partnership that could see the world’s…
Hedge funds eye buying opportunities as Trump win sparks sharp ESG sell-off
Hedge funds, including London-based Clean Energy Transition, are eyeing buying opportunities after Donald Trump's victory in the US…
07 Nov 2024
Former Citadel PM and Goldman Sachs MD joins gaming company Pragmatic Play
Mark Maislish, a former Goldman Sachs Managing Director, has joined Gibraltar-based online gaming company Pragmatic Play, following a short…
Millennium adds Citadel PM and software engineers in London
Millennium has expanded its team in London with the recruitment of a veteran Portfolio Manager from multi-strategy rival Citadel, and two…
Diversified Energy Company is the UK's most-shorted stock, says GraniteShares
Diversified Energy Company was the most shorted UK listed company as of 5 November, according to new analysis by global exchange traded…
Elliott denies making REW demands
Activist hedge fund firm Elliott Investment Management has clarified it has not made demands or initiated contact with German utility giant…
Five reasons why fundamental hedge fund managers should use quant tools
PARTNER CONTENTBy Melissa Brown, CFA Head of Investment Decision Research, SimCorpQuantitative tools for hedge funds, such as risk and…
Hedge funds shift focus to banks, bonds, and oil in wake of Trump win
Following Donald Trump’s election victory, a number of hedge funds, including BlueBay Asset Management, are pivoting their strategies…