In a year marked by steady gains, October proved exceptional for Schonfeld Strategic Advisors as the $11.6bn New York-based hedge fund continued its strong growth trajectory since opting out of a potential acquisition by rival Millennium a year ago, according
The rally in distressed emerging-market debt is expected to continue, with potential for further gains in countries like Argentina and Ukraine, according to a report by Bloomberg citing Sandglass Capital Advisors – a top-ranked hedge fund in the asset class.
AI-driven trading firm Quadrature Capital Limited has reported a steep 76% drop in pre-tax profits from £231m in 2023 to £56m in the year ending January 2024, due to a recent corporate restructuring, according to a report by the Financial
Paul Goldschmid, a senior partner and longtime key player at King Street Capital Management, is set to depart from the $26bn hedge fund, where he has been instrumental in managing the firm’s credit-focussed funds, to start his own venture, according
Hedge funds have historically performed better when a Democrat is in the White House, according to a report by Reuters citing data released on Tuesday by research firm Hedge Fund Research (HFR), as US voters headed to the polls.
Hong Kong-based hedge fund Zeal Asset Management, which focuses mainly on Chinese equities, is to cease operations next year, and return over $1.6bn in capital to investors as its founders prepare for retirement, according to a report by Reuters.
Coatue Management, the tech-focused hedge fund firm founded by Philippe Laffont, has set its sights on a $1bn capital raise for its flagship fund – the first in several years – as it looks to ramp up its investments in
Hedge funds concentrated on European equities faced their most significant monthly losses in over a year during October, primarily due to a broader market sell-off, according to a report by Reuters citing data from the Prime brokerage division at Goldman
As a tight US election race heads to its conclusion, some hedge funds are pivoting toward currency options that could profit from a weaker dollar in the event of a Kamala Harris presidency, according to a report by Bloomberg citing
MPP&E Capital, a newly established quantitative hedge fund based in London, is set to launch later this year with single managed account (SMA) allocations, followed by an institutional commingled fund launch in Q1 2025, according to a report by Alternatives
