Hedge funds, long known for their diverse credit investments, are increasingly focusing on the booming private credit sector, with 37% of hedge fund allocators planning investments in the space in the second half of 2024, according to a report by
Ray Dalio, founder of global hedge fund major Bridgewater Associates, and Lim Chow Kiat, CEO of Singapore’s sovereign wealth fund GIC, have expressed growing caution regarding the global economic outlook due to political risks and uncertain growth prospects, according to
While some of Wall Street’s largest banks are urging clients to make bullish bets on Brazil, local hedge funds are steering clear, with firms including Verde Asset Management and Ibiuna Investimentos maintaining their bets on a weaker Brazilian real, according
Grzegorz Swirszcz, a renowned artificial intelligence expert who spent over eight years at Google DeepMind, has been appointed as Quant Research Director at fast-growing London quant hedge fund Qube Research & Technologies, according to a report by eFinancial Careers.
Man Group Plc, the world’s largest publicly traded hedge fund firm, is implementing pass-through fees for clients of its multi-strategy hedge fund, aligning with a practice popularised by peers including Millennium Management and Citadel, according op a report by Bloomberg.
Wintermute Asia Pte Ltd, the digital asset derivatives trading arm of global algorithmic trading firm Wintermute Group, has made major updates to its CFD offering, including making it available for trading on its electronic OTC trading platform, Wintermute NODE.
Traditional hedge fund managers charged an average management fee of 1.8% annually in 2023, while managers offering bespoke strategies charged significantly less, with an average fee of 0.9%, according to the 2023 Seward & Kissel Established Manager Hedge Fund Study.
Special situations and event-driven hedge fund Irenic Capital Management has urged Kinaxis to conduct a strategic review, while cautioning the Canadian software company’s board against making “reactive decisions” or taking “half measures”, according to a report by Reuters.
Hedge funds and other investment firms are expected to significantly increase their budgets in 2025 for alternative datasets, which provide insights through data from sources like cell phone geolocation, credit card transactions, and satellite imagery, according to a report by
Glenview Capital Management, the long-short hedge fund firm led by Larry Robbins, is on track for its best annual performance in half a decade after posting another strong gain in August, according to a report by Institutional Investor.
