Hedge funds saw positive momentum in early 2025 with the SS&C GlobeOp Hedge Fund Performance Index posting a 0.81% gross return for January 2025, while the SS&C GlobeOp Capital Movement Index — which tracks net hedge fund inflows and redemptions
Liquidnet, the institutional trading network and dark pool operator owned by TP ICAP Group, has expanded its Multi-Asset Services team with the addition of Patric Okumi and Samuel Lowres to lead Multi-Asset Sales.
Rob Citrone, founder of Discovery Capital Management, has vaulted into the ranks of the highest-paid hedge fund managers, earning an estimated $730m in 2024, fuelled by a 52% net return, and outpacing industry heavyweights including Bill Ackman and Paul Singer.
Digital assets investment products saw outflows of $415m last week snapping a 19-week post US election inflow streak that amassed $29.4bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Coatue Management, the hedge fund led by Philippe Laffont, made a bold $1.1bn bet on Reddit in the fourth quarter, with the firm’s latest SEC 13F filing revealing a 6.5 million share stake in the social media platform, according to
Hedge funds are leading a renewed euro rally as optimism over a potential Ukraine peace deal fuels fresh demand for the single currency, according to a report by Investing.com citing Bank of America strategists.
BP is at the centre of a growing battle between activist hedge fund Elliott Management and a group of institutional investors, as tensions rise over the oil major’s climate strategy and capital allocation, according to a report by the Financial
Hedge funds, including DE Shaw, are looking to use an overlooked corporate bond clause to extract profits from European companies undergoing asset sales or break-ups, forcing issuers to repurchase debt at above-market prices, according to a report by the Financial
Hedge funds, including Tudor Investment Corp and Hunting Hill Capital, significantly increased their exposure to US bitcoin exchange-traded funds in Q4 2024, capitalising on the cryptocurrency’s 47% surge, according to newly released regulatory filings.
Point72 Asset Management, the hedge fund firm founded by Steve Cohen, has increased its investment in Sphere Entertainment, upping its stake to 7.3% as the company grapples with ongoing debt restructuring negotiations tied to its MSG Networks subsidiary, according to
