Dharmesh Maniyar, who previously traded for both Paul Tudor Jones and Alan Howard before launching his own firm in 2020, is shutting down his eponymous global macro hedge fund following a wave of investor redemption requests, according to a report
Having suffered a record 3.7% loss on Monday amid market turmoil prompted by disappointing US jobs data and last week’s Bank of Japan rate hike, Japan-focused hedge funds bounced back with their best ever single-day returns, according to a report
International law firm Perkins Coie has added private funds partner Kerry Potter McCormick, who advises private equity funds, hedge funds, real estate funds, credit funds and funds-of-funds, to the firm’s corporate and financial regulation practices in New York.
New York-headquartered multi-strategy hedge fund firm Walleye Capital has cut about a dozen positions mainly in its investment team, including Senior Portfolio Manager Michael Martin, who served as Head of Equity Capital Markets, according to a report by Bloomberg.
Global hedge funds increased their exposure to Chinese domestic stocks and American depositary receipts in July, according to a report by the South China Morning Post citing recent data by the prime brokerage unit at Goldman Sachs.
Global investor interest in high-fee multi-strategy hedge funds is waning, according to a report by Reuters citing a recent survey by Goldman Sachs, although a growing number of investors are still planning to add hedge funds to their portfolios.
Digital asset investment products saw outflows for the first time in four weeks lats week totalling $528m amid growing fears of a US recession, ongoing geopolitical concerns and a broader asset sell-off, according to CoinShares.
Global hedge funds have increased their bearish bets on equities on the back of growing concerns over a faster-than-anticipated economic slowdown in the US, according to a report by Reuters citing a recent client note from the prime brokerage unit
Pershing Square’s main hedge fund wiped out almost all of its 2024 gains in July with a 4.7% decline for the month, mainly on the back of a sharp drop in the value of Universal Music Group shares, according to
A Goldman Sachs note has revealed that Japan-focused hedge funds saw their steepest daily performance loss on record on Monday, according to a report by Reuters, amid a global stock rout triggered by disappointing US jobs data and last week’s
