13 Jun 2023
Shanghai Banxia unwinds bet on China property rebound
Just two months after predicting a major rebound in the domestic real estate sector, Chinese macro hedge fund Shanghai Banxia Investment…
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DE Shaw to oppose Diversified Healthcare Trust-OPI merger
Hedge fund DE Shaw has become the second large Diversified Healthcare Trust shareholder to oppose the real estate investment trust's merger…
Odey AM to rebrand
A "complete rebrand" is on the cards at Odey Asset Management according to partners at the firm following the departure of founder Crispin…
Aaro Capital appoints COO
Aaro Capital, a cryptoassets and DLT investment specialist, has appointed Saul Benjamin as chief operating officer. Benjamin, who has over…
Digital assets funds see eighth week of outflows
Digital asset investment products saw outflows totalling $88 million last week, bringing this current eight-week negative run to $417…
12 Jun 2023
Odey Asset Management names new leaders for key funds following founder's exit
Having severed "personal and economic" involvement with founder Crispin Odey on Saturday following last week's allegations of sexual…
Man GLG goes 'underweight' on China
Man Group's discretionary investments unit Man GLG, has gone "underweight" on China after cutting holdings there since January, and…
Hedge funds extend US bond short bets
The Federal Reserve's interest rate battle to curb inflation may have some way to run yet, according to a report by Bloomberg, with hedge…
Surprise Saudi oil cut sees hedge funds up bullish bets
Hedge funds have upped their bullish bets on oil following Saudi Arabia’s surprise move to cut one million barrels a day of its own output…
GoldenTree to sell Travelodge for up to £1.2bn
GoldenTree, a US-based opportunistic, credit-focused hedge fund that owns Travelodge, is to put the budget hotel chain up for sale with £1…
Opensee appoints COO
Opensee, which provides complete data access and real-time analytics to hedge funds and other financial institutions, has added to its…
09 Jun 2023
Seizing alpha opportunities in emerging markets
Investment opportunities created by stress or distress have grown dramatically in the emerging markets. Daniel Chapman, Founder & CEO…
Prime brokers review Odey ties after misconduct allegations
Allegations of sexual misconduct levelled at Odey Asset Management founder Crispin Odey have prompted prime brokers, including Goldman…
AI surge propels Tiger Global to 15.5% YTD gain
Tiger Global Management is among a number of technology-focused stock hedge funds that racked up further gains in May on the back of a…
Jefferies CTO joins Point72
Point72, the multi-strategy hedge fund firm run by Steve Cohen, has appointed Ramin Safai as its new chief information security officer…