Over 50 hedge funds are currently in discussion with Dubai’s financial centre over establishing a presence in the Middle East business hub after a number of the sector’s big beasts, including Millennium Management and Exodus Point Capital, opened operations in
With market conditions for US stock-pickers becoming more favourable, hedge funds are positioning accordingly by ramping up their use of leverage as they look to reap gains from outperforming stocks, according to a report by Bloomberg.
Bridgewater Associates founder Ray Dalio has negotiated an exit package worth ‘billions’ of dollars as part of his decision to retire form the day-to-day running of the business last year, according to a report by the New York Times.
Hedge funds raced to cover their short wagers on US technology sector stocks at the second fastest rate in ten years during the first half of the month, as the recent market rally continued, according to a report by Reuters.
Activist hedge fund Oasis Management has ramped up the pressure on Wagamama owner The Restaurant Group to overhaul its business strategy by penning an open letter outlining its concerns, according to a report by The Independent.
Hedge fund Luxor Capital Group has stepped up its opposition to a proposed $6 billion deal by Ritchie Bros Auctioneers Inc to acquire a rival firm, saying company executives have strengthened their case for the takeover by manipulating forecasts, according
A record of consistently high returns is allowing multi-manager hedge funds to command expenses fees three times higher those charged by their traditional single-manager fund peers, according to a report by Reuters.
Qube Research & Technologies, a hedge fund that was spun out of Credit Suisse Group in 2018, is planing to boost its multi-strategy investment business by allocating hundreds of millions of dollars to external money managers, according to a report
Hedge fund industry trade association the MFA has weighed in on one of the investment world’s most closely watched legal cases by backing efforts by activist hedge fund Politan Capital Management to reverse “draconian” amendments to medical device company Masimo
Pershing Square Capital Management, the hedge fund firm founded by Bill Ackman, finished 2022 with a 9% loss despite raking in some $2.7 billion from winning interest rate bets over the course of the year, according to a report by
