01 Aug 2023
Long-short hedge funds unwind bearish bets in July
Global long-short hedge funds, which are on course to post their worst monthly performance since May 2022, were forced to unwind bearish…
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Millennium taps Goldman Sachs MD as Head of Risk Technology
Toh Ne Win has become the latest Morgan Stanley Managing Director to make a switch to the buy-side, leaving the bank after more than two…
Citadel Securities appoints former BlackRock exec to head up China operations
Citadel Securities, the market-making firm owned by Ken Griffin, founder of multi-strategy hedge fund major Citadel, has appointed Tony…
Hedge funds increasingly adopting ChatGPT, says survey
A new survey from BNP Paribas has revealed that hedge funds and other money managers are increasingly turning to ChatGPT to help with their…
BlueCrest adds portfolio managers in Singapore
BlueCrest Capital Management, the family office founded by Mike Platt which is "definitely not a hedge fund", has continued its recent…
Digital Currency Group names new CFO
Digital Currency Group, the company that owns cryptocurrency trading, lending, and asset custody platform Genesis, and digital currency…
31 Jul 2023
Generating performance while managing risk – a key balance in crypto markets
Alessandro Balata, Louis Stewart, and Nikita Fadeev, Partners at Fasanara Digital, the crypto arm of Fasanara Capital, discuss trends in…
Walmart pays $1.4bn for Tiger Global’s Flipkart stake
Walmart has paid $1.4bn to acquire Tiger Global Management’s remaining stake in Flipkart, in a deal that values the Indian e-commerce giant…
Price rally sees hedge funds turn more bullish on energy
A rally in prices across the energy complex, which has seen crude prices climb above $80 a barrel and petrol prices surge to multi-month…
Investors keen on European credit hedge funds, says Barclays
European credit hedge funds are the most in-demand strategy among investors for the second half of the year, with a net 14% keen to up…
US hedge funds sell $700m of China ADRs in July, says Morgan Stanley
US-based hedge funds sold around $700m in New York-listed shares of Chinese companies during July amid a rally in the country's stocks,…
Hedge funds short Lincoln National on CRE exposure concerns
Concerns over US life insurance company Lincoln National's exposure to commercial real estate have prompted two hedge funds to wager that…
CoinShares planning hedge fund aimed at US institutions
CoinShares, the European crypto ETP specialist, is planning to launch its first hedge fund open to accredited US investors as part of a…
FSOC’s risk analytic framework and nonbank designation guidance proposals "fatally flawed", says MFA
Managed Funds Association has raised significant concerns about the Financial Stability Oversight Council’s Proposed Risk Analytic…
28 Jul 2023
Hedge funds in H1: Reviewing an uneven and dramatic start to 2023
An awkward first six months to 2023 for many hedge funds led to talk of investor disappointment and minimal alpha, since tempered by some…