As China’s efforts to prop up the yuan begin to fade, data due out this week is expected to confirm that a once-popular strategy among foreign investors has lost momentum in August, according to a report by Bloomberg.
The South Korean government has appealed a British court’s decision to dismiss its lawsuit aimed at overturning an international tribunal’s order to pay approximately $100m in damages to US hedge fund Elliott Investment Management, according to a report by the
Connecticut-based Bridgewater Associates, one of the world’s largest hedge fund managers, is expanding its office footprint with the opening of a new operation in New York. The firm is to lease space in Manhattan to complement its current HQ in
TOP STORY: Millennium Management, the multi-strategy hedge fund major founded by Izzy Englander, is aiming to raise between $7bn and $10bn in new capital as part of a strategy to secure a more permanent funding structure for the firm, according
Concerns over the impact on oil furures prices from a potential oversupply have seen hedge funds turn net bearish on Brent crude for the first time ever, according to a report by Bloomberg citing data from ICE Futures Europe and
Hedge funds are ramping up wagers on the yen’s continued strength, with the Japanese currency surging by another 1% on Friday, as traders bought options against the Australian dollar, Swiss franc, and offshore Chinese yuan, according to a report by
August proved to be a strong month for hedge funds specialising in life sciences and biopharma stocks, with several firms reporting solid gains that helped many return to positive territory for the year, according to a report by Institutional investor.
Arrowpoint Investment Partners, one of the largest hedge funds launched in Asia this year, is rapidly expanding its presence in Hong Kong and has taken on an entire floor at the newly built Six Pacific Place in Wanchai, according to
TOP STORY: Steve Cohen’s Point72 Asset Management is preparing to return a significant portion of capital to investors for the first time, joining other large multi-strategy hedge funds that are capping assets after a period of rapid growth, according to
Elliott Advisors, the UK arm of activist hedge fund giant Elliott Investment Management, significantly boosted pay for its directors last year, despite a slight drop in revenue, according to a report by Financial News.
