Billionaire hedge fund boss Ray Dalio believes Stock markets will plunge by 20% if the US Federal Reserve raises interest rates to 4.5% to tackle inflation, according to a report by Reuters. The report cites a LinkedIn post in which
Anomaly Capital Management has seen its total assets under management hit $2.4 billion after raising an additional $500 million over the past five months, according to a report by Bloomberg.
The switch of the Ethereum blockchain from proof of work to proof of stake – aka The Merge – has had hedge funds in a betting frenzy with managers scooping up options on ether tokens, Ethereum’s flagship token, according to
Philip Morris International (PMI) is coming under pressure to up its $16 billion bid for Swedish Match following news that some of the world’s largest hedge funds have built stakes in the smokeless tobacco company, according to a report by
Third Point founder Daniel Loeb has cooled on his plan to see Disney’s sports broadcaster ESPN spun off into its own standalone business, according to reports.
Forester Capital, an alternative investment platform, is to make a strategic investment into the flagship fund of Chepstow Lane Capital LLP, a European-focused, opportunistic credit manager. The fund is managed by Agata Dornan, who was most recently a portfolio manager
SkyBridge Capital, has secured an investment worth 30 per cent of the business from FTV Ventures, a $2 billion venture capital firm based in Nassau, Bahamas, according to a report by Finance Magnates.
Singapore-based multi-family office Whampoa Group is planning niogn to raise $50 million for a new cryptocurrency hedge fund and also deploy $100 million via a venture capital fund focused on the same space, according to a report by Bloomberg.
Hedge funds have had their biggest trading week in a year, in terms of notional trading volume, placing aggressive equity bets, both long and short, according to a report by Bloomberg.
Unprecedented turmoil in the European energy markets has helped former Enron Corp trader Ulf Ek chalk up a 50 per cent return for his hedge fund so far this year, according to a report by The Star. Nothlander Commodity Advisors’
