Hedge funds and long-term investors surged into Hong Kong stocks on Tuesday, following the announcement of a broad stimulus package as China looks to revive its ailing economy, according to a report by ZAWYA citing a note from the prime
Multi-manager hedge fund firms including Millennium Management and Schonfeld Strategic Advisors are increasingly turning to an old strategy – investing in other hedge funds — as a way to deploy capital and access new talent, according to a report by
Hedge funds significantly increased their investments in US technology and media stocks last week amid expectations of a 50 basis point interest rate reduction by the US Federal Reserve, according to a report by Reuters.
Neuberger Berman has placed Steven Eisman, best known for his role in betting against the US housing market before its collapse in 2007, on an indefinite leave of absence following controversial comments he made regarding the situation in Gaza, according
Gold and silver are gaining significant momentum as hedge funds increase their bullish bets on the precious metals, anticipating the Federal Reserve’s upcoming easing cycle, according to trade data from the Commodity Futures Trading Commission.
A group of hedge funds and institutional investors, including Elliott Management and BackRock, holding around £10bn of Thames Water’s debt is preparing to offer the company a temporary £1bn cash injection to stabilise its finances and pave the way for
Hedge funds, long known for their diverse credit investments, are increasingly focusing on the booming private credit sector, with 37% of hedge fund allocators planning investments in the space in the second half of 2024, according to a report by
While some of Wall Street’s largest banks are urging clients to make bullish bets on Brazil, local hedge funds are steering clear, with firms including Verde Asset Management and Ibiuna Investimentos maintaining their bets on a weaker Brazilian real, according
Man Group Plc, the world’s largest publicly traded hedge fund firm, is implementing pass-through fees for clients of its multi-strategy hedge fund, aligning with a practice popularised by peers including Millennium Management and Citadel, according op a report by Bloomberg.
Traditional hedge fund managers charged an average management fee of 1.8% annually in 2023, while managers offering bespoke strategies charged significantly less, with an average fee of 0.9%, according to the 2023 Seward & Kissel Established Manager Hedge Fund Study.
