Melvin Capital Management, the hedge fund that lost billions of dollars during last year’s meme-stock rally, has told clients it is to shut down its funds having taken another big hit from this year’s market slump, according to a report
Infini, a Hong Kong-based hedge fund is looking to recruit at least ten portfolio managers, according to a report by efinancialcareers. The multi-strategy fund’s current recruitment drive includes the appointment of a chief risk officer, who will join the firm
The latest 13-F filings released on Monday (16 May) reveal that hedge funds Tiger Global Management, Winslow Capital Management, and Scopus Asset Management all sold their shares in Netflix prior to the company reporting its first drop in subscriber numbers
Hedge fund manager Pelham Capital’s flagship long-short fund is now down 28% so far in 2022, having taken a 7% hit in April, according to a report by Bloomberg.
Bridgewater Associates, the hedge fund led by billionaire Ray Dalio, has doubled its holdings in Chinese electric vehicle (EV) companies Li Auto and Xpeng, and significantly raised its exposure to Nio haven completely exited its position in Tesla in the
More than four in five fund managers (83%) agree that they can leverage blockchain technology to grow their markets as financial services become more transparent, new global research from digital assets marketplace Token City shows.
The hedge fund Tiger Global has lost $17 billion throughout this year’s tech selloff, one of the biggest dollar declines for a hedge fund in history, according to a report from the Financial Times.
As his hedge fund experiences record losses amid a sharp decline in stocks, Alister Hibbert, BlackRock’s $100 million money manager, has turned bearish, according to a report from Bloomberg.
Engagement strategies employed by fund managers, which are designed to force companies to pollute less, are a ‘collective failure’ according to hedge fund boss Chris Hohn. A report by BNN Bloomberg quotes the TCI Fund Management chief executive at this
Rio de Janeiro-based hedge fund manager Adam’s flagship fund suffered it’s biggest monthly loss on record in April, according to a report by Bloomberg.
