Hedge funds have upped their bullish wagers on oil, betting that tightening supplies will prompt a resumption of the recent price rally following a pause last week, according to a report by Bloomberg.
Former Goldman Sachs co-chairman, ex-US senator, and governor of New Jersey, Jon Corzine, is to shutter the hedge fund he started after the collapse of MF Global Holdings, and return cash to investors, according to a report by Bloomberg.
CoinShares International, a European alternative asset manager specialising in digital assets, has launched a new hedge fund division, CoinShares Hedge Fund Solutions, and for the first time will be making its offerings available to qualified US investors via a range
Bill Ackman, the CEO of hedge fund Pershing Square Capital, has predicted further increases for 30-year US interest rates, while his fund remains short on bonds due to the prospect of inflation remaining at an elevated level, according to a
Bond market participants are predicting that hedge funds are likely to become increasingly important buyers of US Treasuries, providing liquidity in the world’s largest bond market at a time of rising investor concerns over supply-demand dynamics, according to a report
James Jampel, the founder of hedge fund HITE Hedge Asset Management, has admitted that recent strong increases in the price of oil means his strategy of shorting fossil fuel stocks is no longer viable, according to a report by Bloomberg.
While the traditional ‘2 and 20’ hedge fund fee structure has come under pressure in recent years, with managers varying their terms to attract and retain investors, Pershing Square Capital Management is benefitting from a ‘2 and 10’ approach to
A new multi-strategy hedge fund firm led by Millennium Management alumnus and the former head of Morgan Stanley’s prime brokerage operation in Asia, Kurt Baker, is looking to raise neatly $3bn as it seeks to establish itself as a regional
The activities of some hedge funds and brokerages engaged in quantitative trading have attracted the attention of Chinese financial markets regulator The China Securities Regulatory Commission, according to a report by Reuters.
Despite a rally in oil prices triggered by the prospect of a widening supply deficit, hedge funds sold energy stocks last week for the first time in three weeks, according to a report by Reuters citing information from Goldman Sachs.
