Hedge fund Triata Capital posted an impressive 39% gain in February, fuelled by bullish bets on AI software and data centre stocks as advancements at DeepSeek and Unitree Robotics helped drive a broader rally in Chinese equities, according to a
Event-driven multi-strategy investment firm Taconic Capital is actively raising capital for its latest opportunistic fund, the European Credit Dislocation Fund IV, according to a report by Institutional Investor, citing sources familiar with the matter.
The South African hedge fund industry has marked a banner year in 2024, with assets under management (AUM) growing by 34%, reaching ZAR185.1bn as of December 2024 – a significant leap from ZAR138bn seen at the end of 2023, according
Hedge funds, including Marshall Wace, Man Group GLG, and AQR Capital, are ramping up short positions against Sainsbury’s as concerns mount over declining sales at Argos, its non-food retail arm, according to a report by the Telegraph.
Jain Global, the hedge fund founded by ex-Credit Suisse trader Bobby Jain, has added Anthony Davis, a former Citadel Portfolio Manager specialising in convertible bond trading, to its team, according to a report by eFinancial Careers.
Market volatility in February dealt a blow to several major hedge funds, including Millennium Management, Citadel, and Jain Global, as crowded trades and unexpected macro shifts disrupted key strategies, according to a report by Bloomberg.
Norway’s $1.8tn sovereign wealth fund has taken its first steps into long-short equity hedge fund investing, with plans to allocate billions of dollars to the strategy in a bid to enhance returns, according to a report by the Financial Times.
Jeffrey Smith, the Chief Executive officer of Starboard Value has secured a seat on the board of Kenvue, as part of a settlement in the four-month proxy battle between the activist hedge fund and the consumer health company, according to
Australia’s AUD237bn Future Fund has appointed activist and event-driven hedge fund Effissimo Capital Management to its roster of active equity managers, joining the likes of Maple-Brown Abbott and Wellington Investment Management, according to a report by Investment Magazine.
Cyril Brudy, a Partner and Senior Portfolio Manager at hedge fund Dymon Asia, is moving to the firm’s Dubai office from Singapore, as the firm looks to bolster its operation in the emirate, according to a report by Financial News.
