Concerns are mounting that increasingly crowded positioning among hedge funds could amplify losses in the event of a broader market downturn, following Friday’s sharp equity sell-off that interrupted a prolonged rally driven by AI-related trades, according to a report by
Hedge funds and banks are accelerating hiring in insurance-linked securities (ILS) and catastrophe modelling as climate volatility, extreme weather events and emerging tail risks reshape how financial institutions assess portfolio exposure, according to a report by Bloomberg.
Partners Group co-founder Alfred Gantner has dismissed recent criticism from short-seller Grizzly Research and described the sharp decline in the firm’s share price as an excessive market reaction driven by misinformation and broader sector concerns, according to a report by
Point72 Asset Management is evaluating whether to broaden its use of external trading intelligence by developing a platform that would compensate other hedge funds for investment ideas and market signals, according to a report by Bloomberg citing unnamed people familiar
US federal prosecutors have dropped securities fraud charges against former Prophecy Asset Management executive Jeffrey Spotts, bringing an abrupt end to a closely watched case linked to the collapse of the hedge fund firm and the activities of its founder,
South Korea’s equity market suffered a dramatic setback on Monday as investors rushed to reduce exposure to crowded artificial intelligence and semiconductor trades, triggering trading halts and raising questions about the sustainability of one of the world’s strongest stock market
Multi-strategy hedge fund major Millennium Management is seeking to expand its footprint in India by establishing a local investment-management operation, according to a report by Bloomberg citing unnamed people familiar with the matter.
Investors are increasingly favouring hedge funds and multi-strategy vehicles over private credit amid ongoing market uncertainty, according to a report by Bloomberg citing comments from UBS Global Wealth Management co-presidents Iqbal Khan (pictured) and Robert Karofsky.
Schonfeld Strategic Advisors is preparing to establish a new office in Zurich, further expanding its presence in Europe as competition intensifies among multi-strategy hedge funds seeking to attract and retain investment talent, according to a report by Bloomberg.
AI is an increasingly important tool for hedge funds and asset managers operating in credit markets, but the tech is being used primarily to enhance investment processes rather than replace investment professionals, according to report by the Financial Times citing
