Hedge funds are increasingly using currency options to bet on gains in the South Korean won and Chinese yuan following news of a US-Iran ceasefire, which has lifted risk sentiment and pushed oil prices lower, according to a report by
Dovehouse Capital, founded by Danish entrepreneurs Claus Gotthard and Martin Rasmussen, is set to become what the team calls Abu Dhabi’s first locally established hedge fund, and it has big AUM expectations, according to a report by Spear’s.
The International Monetary Fund has warned that emerging markets (EMs) are increasingly exposed to volatile, non-bank sources of capital, such as hedge funds, making them more sensitive to global shocks like the ongoing Iran conflict, according to a report by
Macro-focused hedge funds suffered heavy losses in March as escalating conflict in the Middle East disrupted energy markets and upended inflation and interest rate expectations, according to a report by Bloomberg citing industry sources.
Hedge funds have sharply increased their short positions on European equities, reflecting concerns over the economic impact of the ongoing war in Iran, according to a report by the Financial Times citing data from Breakout Point.
Qube Research & Technologies is expanding its US footprint with a new office at BMO Tower, leasing just over 29,000 square feet on the building’s 39th floor, according to a report by The Real Deal. The space will become the
Elliott Investment Management’s attempt to acquire Venezuela’s Citgo Petroleum Corp has been delayed amid concerns from the Trump administration over the deal’s valuation and associated political risks, according to a report by Bloomberg.
Major asset managers including Balyasny Asset Management and BlackRock are increasingly leveraging artificial intelligence to extract investment insights from their own internal data, as traditional alternative data sources lose their competitive edge, according to a report by Business insider.
Bill Ackman’s Pershing Square Capital Management has put forward a proposal to acquire Universal Music Group (UMG) through a transaction that would relocate the company’s listing from Amsterdam to New York, according to a report by the Financial Times.
Hedge funds have shifted to a net long position in wheat for the first time in nearly four years, reflecting growing confidence in higher prices amid geopolitical tensions and adverse weather conditions, according to a report by Bloomberg.
