Asset managers are ramping up bullish euro positions to a five-month high, while hedge funds are scaling back short bets, reflecting a significant shift in sentiment toward the European currency, according to a report by Bloomberg.
Hedge funds are positioning themselves for potential gains in Russian corporate bonds and the rouble, as speculation mounts that Donald Trump’s efforts to restore ties with Vladimir Putin could lead to a rollback of sanctions, according to a report by
Spruce Point Capital Management, a noted short-seller, has taken a bearish position in remittance provider Remitly Global, publishing a scathing short report this week that casts doubt on the company’s financial integrity and overall transparency, according to a report by
Millennium Management, the world’s largest multi-strategy hedge fund, is making significant strides in its global hiring efforts, with a particular focus on expanding its London equities team, according to a report by eFinancialCareers.
Dubai’s hedge fund community saw a significant 50% growth in 2024, with 75 funds now based in the emirate, according to a report by Fund Global MENA citing data from The Dubai International Financial Centre (DIFC).
JPMorgan Chase’s quantitative investment strategies (QIS) division has built a $100bn derivatives-linked trading book, delivering hedge fund-style exposures to a broad investor base at a fraction of the cost, according to a report by Bloomberg.
Hedge funds, including Millennium Management, Citadel, Balyasny Asset Management, and Squarepoint Capital, are increasingly recruiting meteorologists and climate data scientists as extreme weather events drive volatility in commodities markets, according to a report by Bloomberg.
Multi-strategy hedge funds are grappling with their most significant challenge since the early days of the pandemic as a sharp market selloff forces firms to rapidly unwind crowded trades, according to a report by Bloomberg citing sources familiar with the
Hedge funds significantly reduced both long and short positions in Asia on Monday, following a wave of unwinding in the US and Europe last Friday, according to a report by Bloomberg citing a client note from Goldman Sachs Group Inc.
San Francisco City & County Employees’ Retirement System (SFERS) has allocated $100m to Qube Research & Technologies’ flagship Qube Fund, further strengthening its exposure to the multi-strategy hedge fund space, according to a report by Pensions and Investments Online.
