Ken Griffin, the founder of hedge fund giant Citadel, has identified six areas for his future philanthropic work – Education, Science & Medicine, Upward Mobility, Freedom & Democracy, Enterprise & Innovation and Communities, according to a report by Reuters. Griffin,
Hedge funds have upped their short positions in US consumer discretionary stocks while taking long positions in consumer staples suggesting they see tough times ahead for US consumers, according to data from Goldman Sachs
Schonfeld Strategic Advisors is looking to persuade clients to lock up their investments with the firm for longer by offering a hefty discount on fees for its flagship equity hedge fund, according to a report by Bloomberg.
Paul Marshall, the co-founder of London-based hedge fund major Marshall Wace, has appointed investment bank Moelis to advise on a potential bid to acquire the Daily and Sunday Telegraph newspapers, according to a report by Sky News.
Hedge funds are on course to be outright bullish on the dollar by the end of the month having already cut their short positions on the greenback to the lowest level seen in three months, according to a report by
Barry Norris, the founder and chief investment officer of UK-based hedge fund firm Argonaut Capital Partners has labelled investments in the hydrogen sector as a “complete waste of time”, according to a report by Bloomberg.
ExodusPoint Capital Management, the hedge fund firm founded by Michael Gelband and Hyung Lee, is looking to raise $1bn in new money from investors by the end of the year having reopened to new capital from the first time in
A further 15.7% decline in August has left Said Haidar’s Jupiter macro hedge fund nursing a 48% loss for the year so far, and extended the fund’s worst ever period of trading since it debuted over 20 years ago, according
After several years as the top choice for many hedge fund investors, multi-strategy, multi-manager firms including Schonfeld Strategic Advisors, Balyasny Asset Management, and ExodusPoint Capital Management, are trailing the returns of other types of fund, according to a report by
The current “higher for longer” interest rate environment has created attractive opportunities for credit hedge funds that focus on distressed debt, and boosted profits this year, according to a report by The Financial Times.
