26 Sep 2023
Clear Street adds two to tech team
Clear Street, a New York-based independent prime broker, has expanded its technology leadership team with the appointment of Jonathan “Jon”…
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Hedge funds boost bearish equities bets and cut stock leverage
With appetite for equities subsiding last week after a 20% rally this year on the back of investor excitement over artificial intelligence,…
Digital asset funds see sixth week of outflows
Digital asset investment products saw outflows for the sixth consecutive week last week with investors pulling $9m in total, according to a…
25 Sep 2023
Hedge fund euro shorts hit 11-month high
With investors betting that the European Central Bank (ECB), has reached the end of its programme of interest rate hikes aimed at tackling…
Hedge funds unwind bets against gilts
Investors are becoming increasingly convinced that the Bank of England is coming to the end of its programme of inflation-tackling interest…
Hedge funds up bullish oil bets as rally resumes
Hedge funds have upped their bullish wagers on oil, betting that tightening supplies will prompt a resumption of the recent price rally…
Corzine to shutter hedge fund and return investor cash
Former Goldman Sachs co-chairman, ex-US senator, and governor of New Jersey, Jon Corzine, is to shutter the hedge fund he started after the…
CoinShares begins US expansion with launch of new hedge fund division
CoinShares International, a European alternative asset manager specialising in digital assets, has launched a new hedge fund division,…
Marex to acquire Cowen’s legacy prime brokerage and outsourced trading business
Global financial services platform Marex has agreed to acquire Cowen’s legacy prime brokerage and outsourced trading business, with the…
22 Sep 2023
Hedge fund performance dips in August
Hedge funds saw a small decline in performance in August, with an overall weighted average return of -0.8%, marking the first negative…
Ackman predicts increase in US long-term rates
Bill Ackman, the CEO of hedge fund Pershing Square Capital, has predicted further increases for 30-year US interest rates, while his fund…
Hedge fund demand for US Treasuries on the increase
Bond market participants are predicting that hedge funds are likely to become increasingly important buyers of US Treasuries, providing…
Shorting fossil fuel stocks no longer viable, says HITE boss
James Jampel, the founder of hedge fund HITE Hedge Asset Management, has admitted that recent strong increases in the price of oil means…
Pershing Square benefits from '2 and 10' working model
While the traditional '2 and 20' hedge fund fee structure has come under pressure in recent years, with managers varying their terms to…
MFA calls on FTC to withdraw proposed HSR rule changes
Managed Funds Association (MFA) has urged the Federal Trade Commission (FTC) to withdraw its proposed amendments to the Hart-Scott-Rodino…
