Hedge funds’ performances in March were mixed as bank risk soared amidst instability and dislocations resulting from several bank failures and the acquisition of Credit Suisse by UBS, according to data released by HFRI. The main HFRI Fund Weighted Composite
Hedge funds are rebuilding their short positions in US equities amid worsening economic data and corporate earnings, according to a report by Bloomberg. Short sellers are now the most bearish they have been on US markets since November 2011, following
Marshall Wace has built the biggest short position against NatWest ever recorded by the Financial Conduct Authority, as fears over the global banking system cause turbulence in financial stocks, according to a report by The Times.
Paul Singer, the hedge fund billionaire and head of activist firm Elliott Management, believes a credit collapse and deep recession may be needed to restore financial markets, according to an interview in The Wall Street Journal. Following a decade of
CTAs and trend-following funds tanked following March’s upheaval in financial stocks, while other hedge fund strategies such as equity long/short, macro and event driven struggled to generate meaningful returns, according to Bloomberg data. CTA strategies in the US lost -4.40%
Hedge funds are retreating from yuan-denominated onshore Chinese stocks, and are instead piling into Chinese shares listed in Hong Kong and New York, according to a report by the South China Morning Post. Hedge funds have reportedly clawed back close
BNP Paribas has launched CapLink, a new digitalised reporting platform for hedge funds and other alternative fund managers and investors. The platform – which comprises CapLink Investor and CapLink Private – offers users simple and secure access to digitalised reporting, ESG
Citadel, the US hedge fund behemoth led by Ken Griffin, has built up short positions in 21 UK stocks, according to new Financial Conduct Authority (FCA) short selling disclosure data, as new IMF data shows a worsening economic outlook for
Millennium, the long-running multi-manager hedge fund firm founded by Israel Englander, has hired Utkarsh Khandelwal as an emerging market equities analyst, according to a report by The Trade. Khandelwal joins Millennium from Morgan Stanley, where he spent the 13 years,
Hong Kong-headquartered Tiger Cub hedge fund Karst Peak Capital’s Sydney-based healthcare partner Hashan De Silva is starting his own fund, according to a report by the Financial Review. De Silva’s firm will launch with seed capital from Karst Peak Capital founder
