Multi-strategy hedge fund ExodusPoint Capital is set to hire most of the investment team from Hong Kong-based hedge fund Ovata Capital Management, according to people familiar with the matter, in a move that will expand its presence in Asia while
Coatue Management founder Philippe Laffont is positioning one of his largest artificial intelligence bets around semiconductor equipment suppliers rather than chipmakers themselves, arguing that the sector offers a more attractive way to gain exposure to the AI buildout, according to
Energy-focused hedge fund manager e360 Power has adopted a more conservative trading approach after closing its flagship fund following losses and investor redemptions tied to volatile US natural gas and power markets, according to a report by Bloomberg.
SPS Commerce is evaluating a potential sale of the business following increasing pressure from activist shareholders, according to a report by Reuters.
UK fixed income investors now have access to a single consolidated view of bond trading activity following the launch of the country’s long-awaited consolidated tape, a move expected to improve market transparency and support further growth in electronic trading, according
Hedge fund positioning in crude oil turned increasingly bearish in the run-up to diplomatic progress between the US and Iran, with investors building short exposure ahead of signs of easing geopolitical tension that later helped pressure energy markets lower, according
Pentwater Capital has agreed to pay $650m to Avis Budget Group, bringing an end to a legal dispute centred on rapid trading activity during a period of extreme volatility in the US car rental company’s shares earlier this year, according
European equities are regaining favour among investors as easing concerns over stagflation, lower energy prices and improving economic expectations revive interest in the region after several months of underperformance, according to a report by Bloomberg.
The number of Asia-Pacific-focused hedge funds is expected to decline further in 2026 as the industry continues to consolidate following two consecutive years of net fund closures through 2025, according to a new report from Preqin.
Ken Griffin’s Citadel has transformed its commodities business into one of the firm’s most significant profit engines, evolving from a financial trader of commodity derivatives into a major participant in physical energy markets, according to a report the Financial Times.
