Several big-name hedge fund hedge fund firms, including Crispin Odey’s Odey Asset Management and James Hanbury’s Brook Asset Management have racked up big losses on the back of a 16% rally in the Nasdaq Composite so far this year, according
Brevan Howard Asset Management has pulled the plug on its relationship with US hedge fund firm Commonwealth Asset Management after a $1 billion separately managed account it advised on suffered losses last month, according to a report by Bloomberg.
Sean George, a portfolio manager at Millennium Capital Partners, is leaving the $50 billion multi-strategy hedge fund firm firm to return to his sell-side roots having first begun his finance industry career in banking with firms including UBS, Bank of
King Street Capital Management, a global alternative investment firm managing more than $22 billion in assets across public and private markets, has appointed William McGirr as a managing director in the firm’s Marketing and Investor Relations team.
Digital asset investment products saw outflows for the second consecutive week last week, with investors pulling a total of $72 million, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. The company says it believes the outflows
The US Securities and Exchange Commission is to hold a vote today (Wednesday) on whether or not to adopt proposed new rules that would require hedge funds and private equity funds to promptly report major market events, according to a
Hilbert Capital, the asset management business of Hilbert Group AB has launched its third systematic fund which will aim to take advantage of volatility in digital asset markets through algorithmic trading and can take long as well as short positions.
Several prominent hedge funds are making bets on Covid-19 business-interruption claims – the most prominent being a roughly $2 billion pandemic-related claim by Caesars Entertainment – despite a string of losses in state and federal courts, according to a report
Global hedge funds’ upped their bearish positions in US stocks to their highest levels so far this year in April, with companies selling non-essential consumer products becoming the main focus of their attention in a sign that a slowdown in
Short selling specialist Hindenburg Research has revealed it has taken out a wager against Carl Icahn’s Icahn Enterprises after alleging that the business has inflated the value of its investments and is running a “Ponzi-like economic structure”, according to a
