Several big-name hedge fund hedge fund firms, including Crispin Odey’s Odey Asset Management and James Hanbury’s Brook Asset Management have racked up big losses on the back of a 16% rally in the Nasdaq Composite so far this year, according
Brevan Howard Asset Management has pulled the plug on its relationship with US hedge fund firm Commonwealth Asset Management after a $1 billion separately managed account it advised on suffered losses last month, according to a report by Bloomberg.
Several prominent hedge funds are making bets on Covid-19 business-interruption claims – the most prominent being a roughly $2 billion pandemic-related claim by Caesars Entertainment – despite a string of losses in state and federal courts, according to a report
Global hedge funds’ upped their bearish positions in US stocks to their highest levels so far this year in April, with companies selling non-essential consumer products becoming the main focus of their attention in a sign that a slowdown in
Short selling specialist Hindenburg Research has revealed it has taken out a wager against Carl Icahn’s Icahn Enterprises after alleging that the business has inflated the value of its investments and is running a “Ponzi-like economic structure”, according to a
Hedge fund managers at a major industry conference have said that they are favouring fixed income, over stocks and real estate amid an uncertain interest rate outlook and fears of a recession and US debt default, according to a report
A $12.7 billion venture capital fund set up by New York-based hedge fund Tiger Global Management in October 2021 to support tech startups, has been hit hard by a decline in tech sector valuations with the fund suffering a 20%
Struggling online retailer Asos has attracted the attention of renowned short-seller Matthew Earl – aka the Dark Destroyer – the founder of London-based hedge fund ShadowFall, who believes that the company will need to raise more cash from shareholders as
London-headquartered hedge fund major Marshall Wace has established big short wagers against several UK retailers after the sector saw a significant drop in sales during March, according to a report by Financial News.
Ken Griffin, founder of hedge fund Citadel and market making firm Citadel Securities, has been ranked at number one in a new rich list of ‘financial titans’ compiled by Bloomberg, having amassed a personal fortune of $35 billion, making him
