Elwood Technologies, a cryptocurrency-focused trade execution and risk management platform, is in talks to sell part of its business as backer Alan Howard, co-founder of hedge fund Brevan Howard, reorganises his portfolio of crypto investments, according to a report by
High-profile Australian stock picker Robert Luciano has sold off large stakes in two Regal-owned, ASX-listed listed funds he originally founded as he positions to launch his next venture, according to a report by the Australian Financial Review.
Crypto hedge fund Kbit is on an aggressive expansion trajectory, with plans to significantly increase its team size, according to a report by eFinancialCareers.
Hedge fund manager Pierre Andurand forecasts a near quadrupling of copper prices to $40,000 a tonne in the coming years, driven by surging demand that is depleting global stockpiles of the red metal, according to a report by the Financial
Dispersion, a strategy that has traditionally been the domain of bank trading desks and fast-money players like Capstone Investment Advisors and One River Asset Management, has attracted significant new investment in the post-pandemic era, according to a report by Bloomberg.
Japanese stocks were the highlight at the annual Sohn Hong Kong Investment Leaders Conference, as well as those from South Korea and Rio Tinto Group, the world’s second largest metals and mining company.
Sydney-based Caledonia, one of Australia’s largest and most secretive hedge funds, is maintaining a highly concentrated bet in Zillow Group, forecasting a rebound after the US real estate listing company’s shares plummeted over 26% this year, according to a report
Cliff Asness, co-founder of quant hedge fund firm AQR Capital Management, considers the rise of generative AI to be “evolutionary, not revolutionary”, emphasising that despite the hype, AI is “still just statistics”, according to a report by Pensions & Investments.
Simon Sadler’s $4.8bn Asian hedge fund Segantii Capital Management has said it will wind down and return capital to its investors “in an orderly manner”, with about 140 employees across Hong Kong, New York and London affected by the decision.
Hedge funds are cutting their stakes in large-cap technology stocks, shifting their focus to a broader range of companies that are involved in, or stand to benefit from advancements in AI, according to analysis from Goldman Sachs.
