Digital Assets Report

Managers

Investors pulled $1bn from ExodusPoint in 2023

TOP STORY: Clients of ExodusPoint Capital Management, the $12bn multi-strategy hedge fund firm founded by Michael Gelbrand, pulled about $1bn in funds from the New York-based firm during 2023, the second straight year of withdrawals, according to a report by

Hedge funds pivot from US to European stocks

Amid an ongoing debate over the cost of US equities, global hedge funds have been upping their exposure to European stocks while reducing portfolio holdings in North American companies, according to a report by Reuters.

Hedge fund oil purchases hit fastest rate in four years

Optimism that Saudi Arabia and its OPEC+ allies will continue to restrict production, coupled with an improving economic outlook boosting consumption, has prompted investors to purchase oil at the fastest rate seen in over four years, according to a report

Hedge fund Gemcorp planning new Abu Dhabi trading office

London-based, emerging markets-focused hedge fund firm Gemcorp Capital is putting together a 15-strong team to run its new new trading office, which is due to open in Abu Dhabi later this year, according to a report by Bloomberg.

Silver to shine as record gold run slows

With the price of gold having hit multiple record highs in recent weeks, hedge fund managers are now beginning to turn their attention to silver as the next potential precious metal momentum play, according to a report by Kitco.

Politan launches second Masimo proxy battle

Politan Capital Management, the activist hedge fund firm that already holds two seats on the board of Masimo Corporation as well as 8.9% share in the healthtech and consumer electronics company, has made another two  board candidate nominations.

Hedge funds up activity in crypto options, says Goldman

The approval of ten new spot bitcoin ETFs in the United States in January has prompted an upsurge in hedge fund “interest and activities” in cryptocurrency markets, according to a report by Bloomberg citing Max Minton, Asia Pacific Head of

Activist Starboard nominates three Algonquin board candidates

Starboard Value, the activist hedge fund firm founded in 2002 by Jeffrey Smith and Mark Mitchell, and the largest shareholder in Algonquin Power & Utilities Corp, has nominated three candidates to the board of the Canadian utility company, according to

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