Amid ongoing geopolitical tensions and inflationary problems, hedge funds have turned more bearish on global equities than at any other point so far this year, cutting their long positions and upping short bets, according to a report by Reuters.
Man Group, the world’s largest listed hedge fund firm, saw investors pull more than $1.6bn (£1.29bn) from its funds during the first three months of 2024, its second straight quarter of redemptions following outflows of $300m in Q4 2023, according
The IMF has warned that a “concentration of vulnerability has built up” which poses a potential risk to wider financial stability, given that a small group of hedge funds now accounts for the vast majority of short positions in the
Multi-strategy hedge fund Citadel and Founder Ken Griffin’s market-making firm Citadel Securities have agreed to a deal with British Land and Singaporean sovereign wealth fund GIC to pre-let over 250,000 sq ft of space at the new 2 Finsbury Avenue
A period of poor performance has prompted macro hedge fund major Brevan Howard to embark on a strategic cost cutting exercise which will see the Jersey-headquartered firm axe around 100 traders and middle and back-office staff, according to a report
Two years of losses at Lijaro Asset Management has prompted Founder Stephen Irving, who left Balyasny Asset Management to start the long-short equity hedge fund about four years ago, to return money to investors, according to a report by Bloomberg.
Multi-strategy major Millennium Management and Boston-based systematic global equity manager Arrowstreet Capital are among a number of hedge funds shorting the assets of UK water companies, after a crisis at Thames Water highlighted high debt levels across the industry, according
Citadel, the multi-strategy hedge fund major founded by Ken Griffin, and Citadel Securities, his market-making firm, are progressing with plans to build a new 1.8m sq ft skyscraper on New York’s Park Avenue, in partnership with Vornado Realty Trust and
An increasing proportion of new hedge fund managers are launching with an incentive allocation hurdle, guaranteeing investors a baseline return before the manager earns a performance fee, according to the 2023 edition of the Seward & Kissel New Manager Hedge
Schonfeld Strategic Advisors, the multi-strategy hedge fund firm born in 2015 out of Steven Schonfeld’s proprietary trading-firm-turned family office, has still not raised the $3bn it has been looking to raise since late last year, according to a report by
