Just two months after predicting a major rebound in the domestic real estate sector, Chinese macro hedge fund Shanghai Banxia Investment Management Center, has slashed its holdings in property stocks on the back of an ongoing decline in values, according
Hudson Bay Capital Management, a multi-strategy hedge fund firm with around $20 billion in assets, has become the latest manager to open an office in Dubai following the likes of Millennium Management, Balyasny Asset Management and ExodusPoint Capital Management, according
While hedge fund managers are lining up to launch a raft of new multi-billion dollar multi-strat funds this year, they could be doomed to failure because of ‘insane’ start-up costs, industry veteran Tom Wagner has warned, according to a report
Speculation that the Bank of Japan isn’t likely to change tack on its existing easy-money monetary policy anytime soon has prompted hedge fund and asset managers to up their bearish positions in the yen, according to a repot by Bloomberg.
Ongoing challenges in the digital assets market, including regulatory uncertainty, have prompted Los Angeles-based cryptocurrency hedge fund Arca to lay off 30% of its staff, according to a report by CoinDesk.
Engine Capital LP, an activist hedge fund that owns approximately 2% of the outstanding shares of Avantax, Inc, has written a letter to the company’s board of directors, urging the tax-focused wealth management services provider to consider “strategic alternatives”, including
Hedge funds sold European equities last week to invest in stocks in the United States and Japan on the back of strong economic data boosting equity markets in both countries, according to a report by Reuters, citing client notes from
Hedge funds are making wagers against copper on the London Metal Exchange for the first in three years after prices tumbled following weaker than expected demand from the world’s top consumer, China, according to a report by mining.com.
Jennison Associates, a low-profile hedge fund with offices in New York and Boston, has potentially scored a $5 billion gain on Nvidia so far this year, as the chip-maker’s stock has soared, according to a report by Markets Insider.
Moore Capital Management and Third Point were among the hedge funds to make bullish bets on Alibaba Group Holding Ltd in the first quarter of this year, along with money manager Michael “Big Short” Burry, according to a report by
