Pershing Square, the US equities hedge fund founded by Bill Ackman, underperformed in the first half of the year, partly due to efforts to protect the firm against rises in long-term inflation, according to a report by CityWire.
The fall in the value of China’s yuan could be the trigger for the next big financial crisis, according to a report by Reuters citing EDL Capital, the Swiss-based macro hedge fund firm run by Edouard de Langlade.
The talent war between Citadel and Balyasny Asset Management has flared up again with Ken Griffin’s Miami-based firm alleging that several Citadel employees misappropriated confidential information before leaving to join Balyasny, according to a report by Bloomberg.
One of China’s top macro hedge fund bosses has blamed foreign investors for the recent rout in the country’s stock markets which has seen Chinese domestic stocks sink to their lowest levels since November, according to a report by Bloomberg.
Freddie Neave has continued to cut risk at Odey Asset Management’s flagship European Inc fund having removed the leveraged bond bets placed by former boss and Odey AM founder Crispin Odey, ahead of moving the fund to a new home,
Hedge fund Sculptor Capital Management, which in July agreed to be acquired Rithm Capital Corp in a deal valued at about $639m, has rejected an unsolicited rival bid from a group of hedge fund investors including Boaz Weinstein and Bill
The latest data from Goldman Sachs Group’s prime brokerage unit shows that hedge funds upped their short bets in eight out of the 10 previous sessions up to last Monday having rushed to unwind bullish stock bets as the recent
Bell Rock Capital Management, a London-based hedge fund focused on equity market neutral and merger arbitrage strategies, is opposing Whitehaven Coal’s proposed multi-billion dollar deal to acquire two major BHP mines, according to a report by the Australian Financial review.
Oceanwood Capital Management, the hedge firm co-managed by Julian Garcia and Christopher Gate, is closing down, with Deputy CIO Garcia now planning launch his own hedge fund firm next year, according to a report by Bloomberg.
When the stock market rally that saw the benchmark S&P 500 soar this year began to lose steam in late July, Bridgewater Associates’ flagship Pure Alpha fund was already “moderately” bearish on US stocks, according to a report by Reuters.
