Millennium Management, the multi-strategy hedge fund major led by Izzy Englander, recorded a 2.5% gain in December, bringing its total returns for 2024 to 15%, but short of the S&P 500’s 23% gain for the year, according to a report
Hedge fund manager Crispin Odey is seeking at least £79m in damages from the Financial Times, filing a libel lawsuit against the publication, according to a report by the Guardian citing court documents.
Citadel founder Ken Griffin was only half correct last month when he claimed the multistrategy hedge fund boom had “come and gone,” according to a report by Bloomberg.
The board of Edinburgh Worldwide Investment Trust, managed by Baillie Gifford and offering shareholders an opportunity to invest in Elon Musk’s SpaceX, has increased its resistance to a takeover attempt by Saba Capital Management, according to a report by The
Hedge funds have significantly increased their stakes in US bank stocks, signalling strong confidence in the sector’s continued rally, boosting their exposure to financial firms by 50% to a combined $340bn, according to a report by Bloomberg citing 13F filings.
Chris Hohn, founder of TCI Fund Management, saw a significant pay cut of £233m this year despite his hedge fund donating around £340m to charitable causes, according to a report by MSN.
Anson Investments Master Fund, the flagship fund managed by Anson Funds, was voted by Hedgeweek readers as Overall Multi-Strategy Fund of the Year at the 2024 Hedgeweek Americas Awards. Chief Investment Officer Moez Kassam outlines the firm’s flexible approach to
Hillhouse Investment Management and CPE, the Chinese firm formerly known as Citic Private Equity, have reportedly held early talks about setting up offices in Abu Dhabi, according to a report by Bloomberg citing sources familiar with the matter.
South Korean hedge fund Must Asset Management, which has delivered an impressive 50% return this year – far outpacing the nation’s sluggish stock market – is spotlighting governance issues at mining conglomerate Young Poong over its handling of shareholder returns,
Silver Point Capital is preparing to challenge a lawsuit filed by the US Securities and Exchange Commission (SEC), which accuses the hedge fund of failing to implement proper policies to prevent a consultant from sharing confidential information about Puerto Rico
