23 Sep 2024
Hedge funds wade into US tech stocks as interest rates fall
Hedge funds significantly increased their investments in US technology and media stocks last week amid expectations of a 50 basis point…
More
Danish prosecutor seeks maximum 12-year sentence for tax fraud suspect Shah
A Danish prosecutor has called for a 12-year prison sentence for British hedge fund trader Sanjay Shah, accusing him of defrauding Denmark…
'Big Short' manager Eisman on indefinite leave after controversial Gaza comments
Neuberger Berman has placed Steven Eisman, best known for his role in betting against the US housing market before its collapse in 2007, on…
Man Group introduces pass-through fees for multi-strat hedge fund
Man Group Plc, the world’s largest publicly traded hedge fund firm, is implementing pass-through fees for clients of its multi-strategy…
Thames Water lenders plan £1bn lifeline amid debt woes
A group of hedge funds and institutional investors, including Elliott Management and BackRock, holding around £10bn of Thames Water’s debt…
20 Sep 2024
Hedge funds up private credit involvement amid market boom
Hedge funds, long known for their diverse credit investments, are increasingly focusing on the booming private credit sector, with 37% of…
Bridgewater boss cautious on global economic outlook
Ray Dalio, founder of global hedge fund major Bridgewater Associates, and Lim Chow Kiat, CEO of Singapore’s sovereign wealth fund GIC, have…
Local hedge funds avoid Brazil trades amid Wall Street enthusiasm
While some of Wall Street’s largest banks are urging clients to make bullish bets on Brazil, local hedge funds are steering clear, with…
Former Google DeepMind AI expert joins London quant Qube
Grzegorz Swirszcz, a renowned artificial intelligence (AI) expert who spent over eight years at Google DeepMind, has been appointed as…
Two Sigma in $100m SEC settlement talks over trading misconduct
Two Sigma, the US quant hedge fund firm founded by John Overdeck and David Siegel, is in discussions with the Securities and Exchange…
Wintermute reports a 19x rise in crypto CFD volumes
Wintermute Asia Pte Ltd (Wintermute), the digital asset derivatives trading arm of global algorithmic trading firm Wintermute Group, has…
19 Sep 2024
Traditional hedge fund fees remain higher than bespoke strategies
Traditional hedge fund managers charged an average management fee of 1.8% annually in 2023, while managers offering bespoke strategies…
Hedge fund Irenic wants strategic review at software co Kinaxis
Special situations and event-driven hedge fund Irenic Capital Management has urged Kinaxis to conduct a strategic review, while cautioning…
Hedge funds gear up for a 2025 alternative dataset 'budget boom'
Hedge funds and other investment firms are expected to significantly increase their budgets in 2025 for alternative datasets, which provide…
Strong August gain puts Glenview on track for best annual performance in five years
Glenview Capital Management, the long-short hedge fund firm led by Larry Robbins, is on track for its best annual performance in half a…
