NEWS

Intu short bets set to pay off for hedge funds as debt-laden retail operator calls in administrators

Intu short bets set to pay off for hedge funds as debt-laden retail operator calls in administrators

A number of hedge fund short-sellers look set to gain from troubled shopping centre operator Intu Properties’ fall from grace, with shares in the London-based real estate investment trust sliding again on Friday (26 June) following news that the debt-laden firm is due to enter administration.

NEWS

Short-sellers increase bets against Wirecard as hedge funds eye bigger pay-off from crisis-hit company’s demise

Short-sellers increase bets against Wirecard as hedge funds eye bigger pay-off from crisis-hit company’s demise

Hedge funds are holding off from closing their short positions in crisis-hit e-payments firm Wirecard AG - with some even increasing their bets – in expectation that its share price will tumble yet again, boosting short sellers’ returns even further.

SURVEY

Hedge funds face sweeping changes to remote working and office space, as firms review footprint

Hedge funds face sweeping changes to remote working and office space, as firms review footprint

Most US hedge funds and other alternative managers expect to return to work before year-end, but a majority predict sweeping changes to work-from-home policies and office layouts, with close to a third of New York-based managers mulling a reduction in office space, a deep-dive industry study by Seward & Kissel has found.

PODCAST

SEI Podcast Series: Technology transformation in investment management firms

SEI Podcast Series: Technology transformation in investment management firms

In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based data analysis is helping to transform how fund managers think about data to gain a competitive edge. 

hedgeweeklive NORTH AMERICA

hedgeweekLIVE North America: Covid-19 crisis flags up operational challenges and cybersecurity risks, panelists say

hedgeweekLIVE North America: Covid-19 crisis flags up operational challenges and cybersecurity risks, panelists say

The impact of the Covid-19 crisis on cybersecurity, and the challenges of remote working on start-up hedge funds’ business operations, proved a key theme at this year’s hedgeweekLIVE North America event, ‘Managing a Start-up or Emerging Hedge Fund in 2020’.

SURVEY

Hedge fund industry split over return to work and client meetings, as lockdown measures ease

Hedge fund industry split over return to work and client meetings, as lockdown measures ease

Most hedge fund industry employees have been working remotely during the coronavirus pandemic, but now firms are split over when staff should return to work and when businesses can resume face-to-face contact with investors and other clients, a new study by the Alternative Investment Management Association has found.