Hedge funds are stepping up wagers that the Japanese yen is poised to break higher against the US dollar, after weeks of trading in a tight range around 147/USD, according to a report by Bloomberg citing recent data from derivatives
Hedge funds in Europe are seeing renewed investor demand as allocators shift exposure away from the US amid heightened policy uncertainty and tariffs, according to a report by Reuters citing BNP Paribas’ latest Hedge Fund Outlook survey.
New York-based hedge fund firm Walleye Capital has appointed Portfolio Managers Jared Baker and Conor McDonnell to lead a new financial sector equities investment strategy as the $8bn manager continues to refine its multi-strategy platform, according to a report by
Activist investor Plantro Ltd has called on Canadian tech and services group Calian to consider a sale of all or part of its business, arguing that the company’s undervalued shares could benefit from a strategic reset, according to a report
ExodusPoint Capital has appointed Sridhar Nimmagadda as its new Head of AI Transformation, marking another high-profile move in the hedge fund industry’s push to embed generative AI into trading and operations, according to a report by eFinancial Careers.
Gold Reserve has filed a motion to disqualify a rival offer from Elliott Investment Management affiliate Amber Energy in the high-profile court-led auction of PDV Holding, parent company of Venezuela’s US refining arm Citgo Petroleum, according to a report by
TOP STORY: New York-based hedge fund ValueWorks has significantly increased its stake in Danish offshore wind developer Orsted A/S, seizing on this week’s record share price slump as a buying opportunity, according to a report by Bloomberg.
Global hedge funds are increasing exposure to Chinese equities, with August set to record the strongest monthly inflows since February, according to a report by Reuters citing a recent note from Morgan Stanley’s prime brokerage desk.
Hedge funds are betting heavily that calm will persist in US equities, with short positions in Cboe Volatility Index (VIX) futures climbing to levels not seen in nearly three years, according to a report by Bloomberg.
A US appeals court has ordered the Securities and Exchange Commission to conduct a fresh cost-benefit analysis of its short-selling disclosure rules, handing hedge fund groups a partial win in their legal challenge against the regulator, according to a report
