European hedge funds are increasing their allocations to defensive stocks, while selling cyclicals in October, according to a report by Reuters that cites data from a recent Goldman Sachs trade flow report.
Siepe, a provider of technology-enabled services and compliance and reporting for the credit and hedge fund industries, has closed three broadly syndicated collateralized loan obligation transactions in Q3, representing a total of $1.2bn new issue CLO paper printed, and a
Regal Funds Management, an Australian hedge fund with AUD6bn ($3.8bn) in AUM, is looking into shares of potential takeover targets in the domestic lithium sector, according to a report by Bloomberg.
Berry Street Capital, a London- headquartered hedge fund run by Ex-Paulson Partner Orkun Kilic, is shutting down, according to a report by Bloomberg.
Hedge funds across the globe are reducing their exposure to mega cap tech firms, according to a report by Reuters that cites data from JPMorgan Chase’s positioning Intelligence Unit.
Saba Capital Management, the firm run by American hedge fund tycoon Boaz Weinstein has declared stakes in ten UK investment trusts, according to a report by The Times.
Short positions in the gold market are falling, as money managers are increasing their speculative gross long positions in Comex gold futures, leading to the second-biggest ever short covering rally on record, according to a report by Kitco, citing data
Doug Haynes, a former President at Steve Cohen’s Point72 Asset Management until he resigned in 2018 having been named a defendant in a sexual discrimination lawsuit which was settled in 2020, is looking to raise $1bn for his new fund
Itau Asset Management, a Brazil-based money manager inspired by Ken Griffin’s Citadel and Izzy Englander’s Millennium Management, has appointed Bruno Serra, a former director at Brazil’s central bank, to raise money for a new family of funds in its
ASK Asset and Wealth Management, an India-based wealth and asset management firm, has added hedge funds to its Alternative Investment offering through the launch of a new business vertical, ASK Hedge Solutions.
