The hedge fund basis trade has ballooned to around $1.5tn, a 75% increase since its 2019 peak, according to a report by Reuters citing Morgan Stanley strategists, raising concerns over potential market stress if positions need to be unwound rapidly.
Crispin Odey’s eponymous hedge fund firm, Odey Asset Management LLP, will cease trading and become dormant after January, following a series of regulatory and reputational setbacks, according to a report by the Financial Times.
Hedge fund giant Citadel has appointed Keith McNulty, a former McKinsey director and PhD mathematician, to lead its talent assessment function in London, reflecting the growing role of data-driven approaches in hedge fund hiring, according to a report by eFinancial
Activist investor Engaged Capital is preparing to launch a proxy contest at financial software provider BlackLine, as it steps up pressure on the company to pursue strategic alternatives, including a potential sale, according to a report by Reuters.
Zhejiang High-Flyer Asset Management, the quantitative hedge fund founded by DeepSeek creator Liang Wenfeng, delivered average returns of nearly 57% in 2025, reinforcing a standout year for China’s systematic managers, according to a report by Business Times.
SimCorp has launched a new global equity factor risk model designed to help hedge funds and active asset managers manage short-horizon trading strategies following a year marked by sharp market swings and crowded trades.
Squarepoint Capital has provided a $200m anchor investment to a newly launched hedge fund – Hong Kong-based Invictus Investment Partners – led by former senior portfolio managers from Point72 Asset Management and Citadel, according to a report by Bloomberg.
Schonfeld Strategic Advisors has provided seed capital to a Sarda Capital, a London-based investment firm offering investors exposure to Indian equity markets through allocations to local hedge funds, according to a report by Bloomberg.
By Aani Nerlekar (pictured), Managing Director, Solutions Management, SS&C Advent – The credit markets remain a key strategic growth sector for investors, offering predictable returns in a market characterized by volatility and heightened interest rates. With global private credit AUM
London-based credit specialist Sona Asset Management attracted approximately $6.6bn in additional assets in 2025, highlighting continued investor appetite for focused hedge fund strategies beyond the large multi-strategy platforms, according to a report by Bloomberg.
