A growing number of hedge funds are considering cutting their fees in response to prolonged underperformance and mounting pressure from investors, according to new data released by hedge fund and family office prime brokerage IG Prime.
Fundamental long-short equity hedge funds were hit hard last week, with Goldman Sachs reporting a 4.7% decline over Thursday and Friday alone — marking one of the sharpest two-day drawdowns for the strategy in recent years, according to a report
Hedge funds have been hit with the steepest margin calls since the onset of the Covid-19 crisis, as last week’s tariff-fueled sell-off sparked a wave of forced deleveraging across the industry, according to data from prime brokerage sources including Morgan
Prominent hedge fund figures, including Pershing Square Founder and long-time Donald Trump supporter Bill Ackman, have come out forcefully against the President’s sweeping new tariffs, warning that the looming trade regime risks inflicting significant damage on financial markets and the
Helge Lund, Chair of BP, is planning to step down from his role by 2026, as activist hedge fund Elliott Management intensifies pressure on the UK energy major for deeper structural and strategic change, according to a report by Reuters.
The founders of collapsed crypto hedge fund Three Arrows Capital, Zhu Su and Kyle Davies, have launched a legal bid to dismiss court summonses issued by the fund’s liquidators, according to a report by Business Times.
Elliott Management has intensified its activist campaign against US oil refiner Phillips 66, formally launching a proxy battle and nominating four directors to the company’s board in a bid to accelerate sweeping operational and governance changes, according to a report
March’s market volatility upended returns for some of the world’s largest hedge funds, with systematic and nimble multi-strategy funds emerging as the biggest winners, while larger, equity-focused firms suffered losses, according to a report by Reuters citing a client note
Bradley Wickens, Founder and Chief Investment Officer of macro-focused hedge fund Broad Reach Investment Management, has issued a stark warning to investors: the current market downturn is far from over, according too a report by the Wall Street Journal.
A sharp global equity sell-off triggered by the Trump administration’s latest tariff announcement has dealt a heavy blow to equity long-short hedge funds, wiping out their gains for the year in a single session, according to a report by Reuters.
