05 Jul 2023
Hedge fund confidence falls on macroeconomic and geopolitical concerns
The average confidence of hedge fund mangers in the economic prospects of their businesses over the coming 12 months fell slightly in the…
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Momentum building for European activism in 2023
The number of investor activist campaigns has steadily increased month-on-month since January, bucking the trend of previous years and…
Odey AM to reopen Brook Developed Markets Fund
Embattled hedge fund firm Odey Asset Management has written to investors saying it is planning to lift the suspension of investment…
04 Jul 2023
Month in review: Fed has rate rises in reserve despite June pause
The battle by central banks to tame inflation continued to present investment challenges and opportunities in June with the US Federal…
Bullish sterling hedge fund bets hit nine-year high
Despite recent signs that sterling’s strong rally so far this year is flagging, hedge funds and other currency speculators have upped their…
Hedge funds exceptionally bearish on crude oil
With global economic growth continuing to slow and production cuts from Saudi Arabia and its OPEC⁺ allies having failed to lift prices,…
Managers poised to unwind bullish dollar bets
The prospect of the US Federal Reserve ending its programme of interest rate hikes aimed at tackling inflation, now has a number of hedge…
Odey AM in talks with Green Ash over transfer of special situations fund
Odey Asset Management is in talks with Green Ash Partners over the transfer of a special situations fund run by portfolio manager Adrian…
Schroders partners with SEG to launch long-biased long-short strategy
Schroders has partnered with New York-based hedge fund firm Select Equity Group (SEG) to launch the latest fund in its GAIA platform,…
Barclays seeking to sever Odey AM ties
Barclays has become the latest financial firm to look to sever ties with Odey Asset Management with the bank seeking to end its corporate…
03 Jul 2023
Hedge fund launches steady in Q1
New hedge fund launches were steady in the first quarter of 2023 with an estimated 93 new funds making their debut, as managers positioned…
Odey AM to restructure 32-year-old hedge fund
Odey Asset Management is planning to restructure one of its oldest funds as part of wider efforts to deal with the fallout from the ouster…
Man Group takes majority stake in boutique money manager Asteria
UK hedge fund manager Man Group has agreed to acquire a 51% stake in Asteria, an ESG-focused boutique money manager owned by Italian…
Bowmoor Capital offers flagship strategy to outside investors
Bowmoor Capital, a London-based trend following, global macro hedge fund manager, is making is flagship long/short, systematic,…
Activist Starboard acquires 5% stake in Algonquin Power
Activist hedge fund Starboard Value LP has built a 5% holding in Algonquin Power & Utilities Corp because it believes shares of the…
