BlueCrest Capital Management, Michael Platt’s hedge fund-turned-family office, delivered a stellar 38% return last year, outperforming many peers in a volatile market, according to a report by Bloomberg.
Point72 Asset Management, the hedge fund founded by Steve Cohen, is entering the booming private credit market with a new strategy headed by Todd Hirsch, a former Senior Managing Director at Blackstone, according to a report by Reuters citing an
Ossiam, a Paris-based investment management firm specialising in quantitative strategies, has launched the Ossiam Multi Fixed Income Opportunities Fund, which aims to provide market-neutral, flexible exposure to fixed income investments.
Wellington Management, an independent investment firm and hedge fund manager, has launched its first interval fund, the Wellington Global Multi-Strategy Fund, which aims to provide positive returns across market cycles while managing risks and minimising volatility and drawdowns.
Short-sellers had a lucrative year betting against Ocado, as the company’s share price plunged by more than 50% during 2024, on the back of ongoing doubts about the long-term demand for its robot-operated warehouses, according to a report by The
Hedge funds have significantly increased bearish positions on the Australian dollar, capitalising on the currency’s vulnerability as concerns over US tariffs and a sluggish Chinese economy weigh heavily on its value, according to a report by Bloomberg.
Bridgewater Associates, the world’s largest hedge fund, has laid off 7% of its workforce as part of an effort to remain lean and maintain flexibility for future hiring, according to a report by Reuters citing an unnamed source familiar with
Keystone Positive Change, an investment trust managed by Baillie Gifford, has urged its shareholders to oppose a bid by US hedge fund Saba Capital Management to oust several of its board directors and install their own nominees, according to a
Vulpes Investment Management, the family office of veteran hedge fund manager Steve Diggle, who made billions during the 2008 financial crisis, is planning to raise up to $250m for a new hedge fund and managed accounts, according to a report
The euro has started the year on a weak footing, and hedge funds are betting it could reach parity with the dollar – or fall even lower – in the coming months, according to a report by Bloomberg citing data
