With the EU’s embargo on Russian crude oil imports by sea and the EU-UK-G7 price cap on Russian oil set to come into force in December and February, respectively, hedge fund mangers are again betting on rising oil prices, according
The SS&C GlobeOp Hedge Fund Performance Index for October 2022 measured -0.96%, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.13% in November. “SS&C GlobeOp’s Capital Movement Index was up 0.13% for November 2022,
Over two-thirds (67%) of hedge funds recorded positive returns in October, marking a significant turnaround from the 31% that managed to end the previous month in positive territory, according to a report by Forbes.
The recent 10% rally in the S&P 500 bypassed some of the world’s largest equity hedge funds, according to a report by Bloomberg, with many missing out on boosting returns by failing to ramp up bullish bets in Q3. Having
A host of big-name hedge fund managers have cashed in on Elon Musk’s “forced” $44 billion acquisition of Twitter, with the likes of Carl Icahn, Ken Griffin, Israel Englander and Daniel Loeb all benefitting from an “easy trade” on the
Svelland Capital has teamed with Propel(x) to enable Qualified Purchasers to invest in the Svelland Capital hedge fund through the Propel(x) platform. Rohit Tiwari at Morris Street Advisors USA facilitated the collaboration. Ranked by respected industry analyst Barclay Hedge as
UMB Fund Services has poached Timothy Bonin from BMO Global Asset Management to become the company’s new director of fund operations, according to a report by Asset Servicing Times. Bonin, who served as vice president, chief financial officer and treasurer
Akin Gump has appointed William V de Cordova as senior regulatory counsel based in the firm’s office in New York. De Cordova advises hedge and private equity fund managers, registered investment advisers, commodity pool operators, trading advisors, broker-dealers and others on
TCI Fund Management wants Google parent Alphabet to reduce costs by cutting its headcount in a bid to adjust to slower growth according to a report by Reuters. The activist investor also wants the company to cut losses at its
Cederberg Capital, a hedge fund focused on investments in Chinese stocks, has reduced its investor fees following continued poor returns due to China’s reluctance to lift strict Covid restrictions, according to a report by Today Online. The report cites a
