Leading hedge funds, including Point72, King Street Capital, Millennium and Schonfeld, are establishing standalone private credit businesses as investor appetite for the fast-growing asset class continues to surge, according to a report by Financial News London.
Global hedge fund portfolios showed signs of heightened volatility in January amid ongoing geopolitical tensions, major policy shifts, and energy market swings, according to the latest Crowdedness Report from Hazeltree.
Hedge funds are reversing bearish positions on the Japanese yen, ramping up bets on currency strength as the “buy Japan” trade gathers momentum and policymakers reiterate their readiness to intervene in foreign-exchange markets, according to a report by Bloomberg.
Citadel has accused former portfolio manager Daniel Shatz, now head of global credit at Marshall Wace, of violating employment agreements and misappropriating confidential information to set up a competing team, according to a report by Bloomberg.
Neuberger Berman has agreed to assume control of MIO Partners, the $20bn investment arm of McKinsey & Co, in a transaction that brings one of the most established in-house hedge fund and alternative investment platforms under the ownership of a
Blackstone is folding its hedge fund seeding operation into its $60bn Absolute Return platform, a move designed to give the firm greater scale as competition intensifies among multi-strategy managers seeking to attract and retain trading talent, according to a report
Citadel has raised $1.25bn through a two-part US bond offering, conducted by Citadel Finance LLC, which included a three-year and a five-year fixed-rate note, with proceeds earmarked for debt repayment and potentially general corporate purposes, according to a report by
The yen carry trade has become a “ticking time bomb” for hedge funds and other leveraged investors, with the potential for a sharp and disorderly unwind, according to a report by Bloomberg citing a note from BCA Research.
Man Group, the world’s largest listed hedge fund firm, has partnered with artificial intelligence research firm Anthropic BPC to integrate advanced artificial intelligence into its investment and operational workflows.
UK-based hedge fund Palliser Capital has submitted a series of shareholder proposals to LG Chem, urging the South Korean chemicals group to take steps to improve governance, increase transparency, and enhance shareholder returns, according to a report by ChosunBiz.
