Millennium Management has recruited top quant Alborz Elizei from Cubist Systematic Strategies, the quantitative arm of Point72, in a notable hire that strengthens its already deep bench of systematic talent, according to a report by eFinancial Careers.
New Silk Road Investment, one of Singapore’s longest-standing hedge funds, is winding down operations following declining performance and a major withdrawal of US institutional capital from Asian markets, according to a report by Bloomberg.
Global hedge funds sharply reduced their holdings in Japanese stocks last week at the fastest pace of selling in nearly two and a half months, just ahead of Japan’s upper house election on Sunday, according to a report by Reuters.
Hedge funds are sharply increasing their bearish bets against US small-cap stocks following a strong rebound in the sector, as mounting economic uncertainty and higher-for-longer interest rates weigh on sentiment, according to a report by Bloomberg.
BP has appointed Albert Manifold as its new chairman, marking a pivotal leadership shift as the energy giant responds to pressure from activist hedge fund Elliott Investment Management to enhance shareholder value and reset strategic direction, according to a report
Global hedge funds are preparing for potential market turbulence as speculation mounts that Donald Trump may push Federal Reserve Chair Jerome Powell to leave office before his term ends in 2026, with managers favouring short-duration bonds, convertibles, and dollar shorts,
A record-breaking year for prime brokerage revenues, forecast to exceed $30.8bn in 2025, is sparking a push by European banks to claim a bigger share of the booming market – despite recent high-profile blowups and rising regulatory scrutiny, according to
Hedge funds have net bearish on the Japanese yen for the first time in nearly four months, ahead of a Sunday’s upper house election, which saw Japan’s ruling coalition lose its majority, according to a report by Bloomberg citing data
Merger arbitrage hedge funds including Citadel Advisors, Adage Capital Management, and HBK Investments, are cashing in on one of the year’s most lucrative event-driven plays, as Chevron’s long-delayed $53bn acquisition of Hess Corp finally closed, according to a report by
Global hedge fund assets under management climbed to an all-time high of $4.74tn in Q2 2025, fuelled by the largest quarterly inflows since 2014, as institutional investors poured nearly $25bn into the sector, according to the latest HFR Global Hedge
