Man Group, the world’s largest listed hedge fund firm, is advising investors to reduce exposure to US equities and increase allocations to Europe, Asia, and emerging markets amid concerns over dollar weakness and elevated Treasury yields, according to a report
Macro hedge funds were heavily active in yen trading on Monday, with a significant portion of flows reflecting a “mass square-up” of bullish positions rather than the initiation of new bearish bets, according to a report by Bloomberg citing traders
The University of North Carolina Investment Fund, which manages the $12.2bn endowment for UNC Chapel Hill and affiliated campuses, posted a 11.6% return for the fiscal year ended 30 June, driven in part by strong performances from its hedge fund
Citadel founder and CEO Ken Griffin has expressed concern over the growing trend of investors treating gold as a safer alternative to the US dollar, citing it as a sign of increasing de-risking amid US fiscal and monetary uncertainty, according
Parameta Solutions, the data and analytics division of TP ICAP Group, has launched an enhanced real-time OTC oil market data service, built to give customers a faster, clearer view of global OTC oil markets.
TMX Group has acquired Verity, a US-based provider of investment research management and data intelligence solutions, in a move that strengthens its global data offering through its existing TMX Datalinx service.
Systematic hedge funds have endured one of their toughest starts to a month in nearly two years, with daily losses recorded across the first week of October, according to a report by Reuters citing a client note from Goldman Sachs.
Vinci Compass has agreed to acquire a majority stake in Verde Asset Management, one of Latin America’s oldest and most prominent hedge fund managers, in a cash-and-stock transaction that deepens its presence in Brazil’s asset management market, according to a
WorldQuant’s flagship International Quant Championship drew a record 80,000 university entrants this year, double last year’s total, as advances in artificial intelligence lower barriers for students building quantitative trading models, according to a report by Reuters.
Dan Loeb’s Third Point has bolstered its private credit capabilities with the recruitment of three senior professionals from Apogem Capital, marking the hedge fund’s latest move into direct lending, according to a report by Bloomberg.
