The risk profile of Crispin Odey’s flagship hedge fund has been lowered by Freddie Neave after he took over its management in June following allegations of sexual misconduct against the Odey Asset Management founder, according to a report by Reuters.
Tiger Global, the hedge fund firm founded by Chase Coleman in 2001, has built a big stake in private equity group Apollo Global as the firm pivots from the technology investments that have traditionally been its stock-in-trade, according to a report
The Bank of England has identified a leveraged trade in US Treasury futures that has regained popularity with hedge funds, as one of the bigger risks to global financial stability, according to a report by The Financial Times.
Argentina’s looming presidential election, which could herald a change in regime, has prompted Vista Capital, the manager of one of Brazil’s best-performing hedge funds, to build a position in the country through ADRs, according to a report by Reuters.
Some of the world’s biggest macro traders slumped in the first six months of the year, with Andrew Law’s Caxton Macro hedge fund and Jeff Tallinn’s Element Capital Management among the big name managers seeing first half losses, according to
The Donerail Group, a value-oriented, activist hedge fund firm that targets special situations and event driven investments, wants the board of Stratasys to engage with 3D Systems on its improved takeover offer for the company and drop its support for
Online grocer Ocado, Swedish property firm Fastighets AB Balder, and French train maker Alstom, were among the three most shorted stocks in June, but all three saw positive share price performance over the month, according to a report by Reuters.
Hedge funds upped their bets against the yen to the highest level in more than year just as the currency was in the middle of a two-week rally, according to a report by Bloomberg citing data from the Commodity Futures
Two Sigma Investments, the $60bn quant hedge-fund giant known for using computer-driven algorithms to make money, is looking to add a human touch to its investment strategies for the first time by employing traders who use their own personal judgement
A US court ruling that Microsoft’s proposed $69bn takeover of Activision Blizzard can proceed despite anti-trust objections from the Federal Trade Commission, has provided a major boost for merger-arbitrage investors, according to a report by Bloomberg.
