21 Aug 2023
Neave ditches Odey European's leveraged bond bets
Freddie Neave has continued to cut risk at Odey Asset Management's flagship European Inc fund having removed the leveraged bond bets placed…
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Sculptor rejects Weinstein-led bid
Hedge fund Sculptor Capital Management, which in July agreed to be acquired Rithm Capital Corp in a deal valued at about $639m, has…
Hedge funds boost shorts after unwinding stock bets
The latest data from Goldman Sachs Group's prime brokerage unit shows that hedge funds upped their short bets in eight out of the 10…
Credit Suisse tells hedge funds Japan equity sales business is to close
Credit Suisse has told its hedge fund and other institutional clients that it is shutting down its cash equity dales business as part of a…
Ex-Goldman Sachs MD leaves Eisler after just three months
Amir Fais, a former Goldman Sachs managing director and head of EMEA emerging markets rates trading who joined Eisler Capital as a macro…
Bell Rock opposes Whitehaven's acquisition of two major BHP mines
Bell Rock Capital Management, a London-based hedge fund focused on equity market neutral and merger arbitrage strategies, is opposing…
18 Aug 2023
Oceanwood Deputy CIO to launch new firm following hedge fund closure
Oceanwood Capital Management, the hedge firm co-managed by Julian Garcia and Christopher Gate, is closing down, with Deputy CIO Garcia now…
Man GLG PM quits to launch Millennium-backed hedge fund
Cristian Cibrario, a portfolio manager at Man GLG, Man Group's discretionary investment business, has left the firm to launch a new hedge…
Hedge funds posted "impressive" returns in July, says Citco
Hedge funds delivered another month of impressive performance in July, with an overall weighted average return of 1.5% – one of their best…
Four PMs exit Balyasny in early August
Multi-strategy hedge fund Balyasny Asset Management saw four portfolio managers depart its stock-picking business in early August, with two…
Ucits hedge funds see €19bn outflows in H1
Investors are turning their backs on Ucits-managed hedge fund strategies with cash outflows in the first six months of the year totalling…
MFA requests comment period extension on SEC's predictive data analytics proposals
A coalition of alternative investment industry groups including Managed Funds Association (MFA) and the Alternative Investment Management…
TNS and TRAFiX launch trading infrastructure partnership
Transaction Network Services (TNS) has partnered with trading and connectivity solutions provider TRAFiX to expand its order execution and…
17 Aug 2023
Och opposes Scupltor's $639m sale to Rithm
Sculptor Capital Management's proposed sale to Rithm Capital for $639m has been criticised by Daniel Och, the hedge fund's founder and one…
Bridgewater's Pure Alpha bearish on US stocks as rally lost momentum
When the stock market rally that saw the benchmark S&P 500 soar this year began to lose steam in late July, Bridgewater Associates'…
