Michael Turner, the CEO of Man Group’s solutions business Man Solutions, and the former CEO of the group’s specialist hedge fund division Man FRM, has left after 16 years with the company, according to a report by CityWire.
Emerging Markets hedge funds extended gains through mid-2023 with India and Latin America funds leading the way against a backdrop of persistently high inflation and the possibility of a US recession, according to the latest performance data from HFR.
Former Deutsche Bank colleagues Michael Sutton and Alex Mahler are teaming up again at Mahler’s Alinor Capital Management to launch a new distressed debt hedge fund, which is expected to be one of the largest European hedge fund launches of
With appetite for equities subsiding last week after a 20% rally this year on the back of investor excitement over artificial intelligence, hedge funds are ramping up their bets against stocks, according to a report by Bloomberg.
With investors betting that the European Central Bank has reached the end of its programme of interest rate hikes aimed at tackling inflation, hedge funds have upped their bearish wagers on the euro to the highest level seen in almost
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 of funds (49.7%) administered by the
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 to establish itself as a regional
Despite a rally in oil prices triggered by the prospect of a widening supply deficit, hedge funds sold energy stocks last week for the first time in three weeks, according to a report by Reuters citing information from Goldman Sachs.
Small but strategically located, Malta has a burgeoning reputation as one of Europe’s leading financial hubs. This report highlights the benefits, innovations, and opportunities for investment managers that work with the jurisdiction, whether launching a first fund or branching out
A Goldman Sachs client note has revealed that the world’s five largest hedge fund firms, have doubled the size of their holdings in US stocks through leverage and trading positions since 2014, according to a report by Reuters.
