13 Apr 2023
Light Street scores double-digit Q1 returns following ’22 tumble
Light Street Capital Management has generated double-digit gains in the first quarter of 2023, having earlier suffered a 54% annual loss in…
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Hedge funds gain in March, but industry trails stock market
Hedge funds returned to positive territory in March, advancing 0.34% for the month, but the industry is lagging the broader stock market,…
Bronte Capital takes new long position in UBS following turmoil
Bronte Capital’s Amalthea hedge fund has taken long bets in UBS and First Citizen, both of which it believes have picked up good assets for…
Third Point's Dan Loeb mulls taking SiriusPoint private
Daniel Loeb, founder and CEO of event driven hedge fund Third Point, is considering taking SiriusPoint private - less than three years…
Hedge funds tap investment banks for tech talent
Hedge funds continue to attract engineers and other technology talent from the investment banking sector, with managers drawing expertise…
Managed futures’ low equity futures exposure highlights industry’s bearish stance
Managed futures strategies, which are the most active trader of S&P 500 futures, now have the lowest exposure to the index since June…
12 Apr 2023
Activist hedge fund Pura Vida enters Cutera wrangle
New York-based activist hedge fund Pura Vida has entered a boardroom battle at global aesthetics device company Cutera Inc with plans to…
Tiger Cub Karst Peak’s Sydney partner launches healthcare hedge fund
Hong Kong-headquartered Tiger Cub hedge fund Karst Peak Capital’s Sydney-based healthcare partner Hashan De Silva is starting his own fund,…
Millennium adds emerging market equities specialist
Millennium, the long-running multi-manager hedge fund firm founded by Israel Englander, has hired Utkarsh Khandelwal as an emerging market…
Citadel betting against more than 20 UK stocks
Citadel, the US hedge fund behemoth led by Ken Griffin, has built up short positions in 21 UK stocks, according to new Financial Conduct…
BNP Paribas unveils digital reporting platform for alts
BNP Paribas has launched CapLink, a new digitalised reporting platform for hedge funds and other alternative fund managers and…
Hedge funds withdraw from onshore Chinese stocks
Hedge funds are retreating from yuan-denominated onshore Chinese stocks, and are instead piling into Chinese shares listed in Hong Kong and…
11 Apr 2023
Bank turmoil batters trend-following strategies
CTAs and trend-following funds tanked following March’s upheaval in financial stocks, while other hedge fund strategies such as equity…
Billionaire activist Paul Singer warns of “dangerous” period
Paul Singer, the hedge fund billionaire and head of activist firm Elliott Management, believes a credit collapse and deep recession may be…
Marshall Wace builds short bet against NatWest
Marshall Wace has built the biggest short position against NatWest ever recorded by the Financial Conduct Authority, as fears over the…
