Quant hedge fund Renaissance Technologies was positioned to benefit from the meme stock mania sweeping the US this week, having added a new long position in GameStop and significantly increased its position in AMC Entertainment during Q1, according to a
A 3.8% decline in April has prompted Brazilian hedge fund Verde Asset Management, which has a track record of strong performance since launching in 1997, to pare its bets on both domestic stocks and falling interest rates, according to a
The prospect of softer US inflation bringing the outlook for monetary policy on both sides of the Atlantic closer in sync has pushed demand for options that pay out if the euro strengthens against the dollar over the next week
Neil Phillips, the co-founder of hedge fund Glen Point Capital who was convicted of manipulating the US dollar-rand exchange rate to trigger a payout on a $20m option, should not be sent to prison, according to his lawyers.
The sudden re-emergence of “Roaring Kitty” – aka Keith Gill – on social media triggered a huge surge in the price of GameStop shares that left short sellers facing losses approaching $1bn, according to a report by CNBC citing figures
With easing tensions in the Middle East and a clouded fundamental outlook weighing on oil prices, hedge funds slashed their bullish bets on benchmark Brent crude last week to the lowest level seen in eight weeks, according to a report
Marshall Wace, the $65bn London-based hedge fund firm co-founded by Paul Marshall, has taken a £150m short position in Haleon, the FTSE 100 consumer healthcare company which was spun out of GSK two years ago, according to a report by
Camelot Capital Partners, the California-based hedge fund firm founded by William Barker, has upped its holding in fast fashion group Asos by more than 360,000 shares this month, with two stock acquisitions worth £1.25m, according to a report by the
Colorado-based hedge fund firm Deer Park Road Management plans to invest in the residential mortgage market in anticipation of the US Federal Reserve beginning to reduce interest rates later this year, according to CIO Scott Burg in an interview with
Hedge funds have renewed their attack on the Japanese yen just days after suspected government intervention to support the currency, with leverage funds upping their bets that it will sink back towards a 34-year low in the next few weeks,
