07 Nov 2024
US indictment threatens rise of star Chinese hedge fund
Pinestone Asset Management, which has been a rare success story in China’s struggling quantitative hedge fund sector, faces serious…
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06 Nov 2024
Hedge funds holdings in TASE-listed companies to be classified as free float
The Tel Aviv Stock Exchange (TASE) has published a proposal to recognise hedge fund holdings in companies listed on the exchange as part of…
Schonfeld outpaces peers a year after ending Millennium merger talks
In a year marked by steady gains, October proved exceptional for Schonfeld Strategic Advisors as the $11.6bn New York-based hedge fund…
Sandglass CIO sees more gains in emerging markets debt
The rally in distressed emerging-market debt is expected to continue, with potential for further gains in countries like Argentina and…
Quadrature profits drop 76% following restructuring
AI-driven trading firm Quadrature Capital Limited has reported a steep 76% drop in pre-tax profits from £231m in 2023 to £56m in the year…
King Street’s top investor departs amid credit hedge fund restructuring
Paul Goldschmid, a senior partner and longtime key player at King Street Capital Management, is set to depart from the $26bn hedge fund,…
Hedge funds see higher returns with Democrats in White House, HFR Data Reveals
Hedge funds have historically performed better when a Democrat is in the White House, according to a report by Reuters citing data released…
Greenlight has strong start to Q4 despite market lag
Greenlight Capital began the fourth quarter with a positive start, posting a 1.9% gain in October, while the S&P 500 by comparison fell…
05 Nov 2024
Hong Kong hedge fund Zeal Asset Management to shut and return $1.6bn to investors
Hong Kong-based hedge fund Zeal Asset Management, which focuses mainly on Chinese equities, is to cease operations next year, and return…
Ex-Segantii employees find new roles at Jain Global and BlueCrest
Following the sudden collapse of Simon Sadler’s Segantii Capital in May, numerous former employees have swiftly transitioned to new roles…
Regulators weigh basis trade investigation amid record bets
The recent record level of US Treasuries basis trade bets by hedge funds has attracted increased regulatory attention, with global…
Digital assets funds hit record-breaking $29.2bn YTD
Digital asset investment products saw inflows of $2.2bn last week, bringing year-to-date inflows to a record-breaking $29.2bn, according to…
CoinShares appoints Balyasny Deputy General Counsel as Group General Counsel
CoinShares, a European digital assets investment company offering a broad range of financial services across investment management,…
Coatue targets $1bn to up flagship fund AI and tech innovation bets
Coatue Management, the tech-focused hedge fund firm founded by Philippe Laffont, has set its sights on a $1bn capital raise for its…
Hedge funds rethink dollar bets on eve of US election
As a tight US election race heads to its conclusion, some hedge funds are pivoting toward currency options that could profit from a weaker…