TOP STORY: Hedge funds are dumping short positions at their fastest pace since January as returns continue to lag the MSCI and bets on a recession continue to falter, according to a report by Reuters.
The Canada Pension Plan Investment Board, Canada’s largest pension fund, will seed more startup hedge funds this year as part of a plan to diversify its investments, according to a report by the Financial Post. The CPPIB, which manages $570
Man Numeric, the quantitative investment arm of Man Group, says macro themes and nation subsets are outdated, with ever-increasing volumes of data from emerging markets now seen as key to peer-beating returns instead, according to a report by Bloomberg. Ori
Activist hedge fund TMR Capital is plotting a bid for The Restaurant Group in a move that would break up the FTSE 250-listed hospitality company behind Wagamama, according to a report by the Daily Telegraph. The British Virgin Islands-based manager,
Digital asset investment products saw minor outflows totaling $6.5m last week, following four weeks of inflows that totaled a combined $742m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. Bitcoin was the primary investor focus, as
Bets on shares in AI-related companies, plus wagers on the wider Japanese and US stock markets, helped several Asia-based hedge fund firms outperform their peers during the first half of the year, according to a report by Bloomberg. The report
Point72 topped a list of 14 different financial institutions making a total of 46 Freedom of Information Act (FOIA) requests to the US Food and Drug Administration last month about adverse events and drug-manufacturing-facility inspections, according to a report by
Spain’s first locally regulated crypto hedge fund, which will be overseen by the country’s financial markets regulator, Comisión Nacional del Mercado de Valores has been launched by Spanish private bank A&G, according to a report by Crypto News.
Hedge funds continued their resurgence in Q2, recording positive performance for a third consecutive quarter, with equities and multi-strategy funds once again driving returns to take their YTD weighted average gains to over 10%, according to data from Citco.
CoinShares, the European crypto ETP specialist, is planning to launch its first hedge fund open to accredited US investors as part of a wider first-time push into actively managed digital asset products, according to a report by Blockworks.
