Hedge funds saw a small decline in performance in August, with an overall weighted average return of -0.8%, marking the first negative month of 2023, according to new data from Citco, although almost half…
Bill Ackman, the CEO of hedge fund Pershing Square Capital, has predicted further increases for 30-year US interest rates, while his fund remains short on bonds due to the prospect of inflation remaining at…
Bond market participants are predicting that hedge funds are likely to become increasingly important buyers of US Treasuries, providing liquidity in the world’s largest bond market at a time of rising investor concerns over…
James Jampel, the founder of hedge fund HITE Hedge Asset Management, has admitted that recent strong increases in the price of oil means his strategy of shorting fossil fuel stocks is no longer viable,…
While the traditional ‘2 and 20’ hedge fund fee structure has come under pressure in recent years, with managers varying their terms to attract and retain investors, Pershing Square Capital Management is benefitting from…
Managed Funds Association has urged the Federal Trade Commission to withdraw its proposed amendments to the Hart-Scott-Rodino (HSR) premerger notification rules in a comment letter submitted this week….
A new multi-strategy hedge fund firm led by Millennium Management alumnus and the former head of Morgan Stanley’s prime brokerage operation in Asia, Kurt Baker, is looking to raise neatly $3bn as it seeks…
The activities of some hedge funds and brokerages engaged in quantitative trading have attracted the attention of Chinese financial markets regulator The China Securities Regulatory Commission, according to a report by Reuters….
European asset management major Amundi, has partnered with $1.5bn special situations hedge find firm, Sand Grove Capital Management to launch a new event-driven UCITS fund, the Amundi Sand Grove Event Driven Fund….
Anacapa Advisors, a Californian-based market directional hedge fund firm, has expanded its leadership team with two new senior hires – Sam Rosenberg as Head of Business Development, and Mark Wayner as Senior Fund Manager….