Jim Pallotta’s family office, Raptor Group, is investing in a new hedge fund, Trevally Capital, which aims to capitalise on distressed sectors within the US housing market by trading US residential mortgage-backed securities (RMBS), according to a report by Bloomberg.

New York-based multi-strategy hedge fund firm Cinctive Capital Management achieved a strong 4% gain in October, outpacing its peers and defying the market trend as the S&P 500 fell by 1%, according to a report by Finimize.

Hedge funds have boosted their bullish stance on West Texas Intermediate (WTI) crude to the highest level seen since March, driven by OPEC+’s decision to delay a planned output hike and heightened geopolitical tensions in the Middle East, according to

Macro trader Chris Rokos captured nearly $1bn in profits during Wednesday’s market rally following Donald Trump’s re-election, marking one of his most lucrative days since founding Rokos Capital Management in 2015, according to a report by Bloomberg.

Dan Loeb’s hedge fund, Third Point, posted a 2.7% gain in October, bringing its year-to-date performance up to 18.4%, placing the firm within striking distance of its best annual return since 2021 when it recorded a 23.9% return, according to

Perseverance Asset Management, one of China’s largest hedge funds with over RMB100bn ($14bn) under management, has advised some clients to consider taking profits due to rising risks tied to the return of Donald Trump to the White House, according to

Hedge funds, including Arrowstreet Capital and Qube Research & Technologies, that bet against renewable energy stocks have seen profits soar by over $1.2bn following the steep sell-off in the sector triggered by Donald Trump’s election victory, according to a report