The $5tn hedge fund sector is increasingly defined not by headline trades or fund launches, but by the fierce competition among the biggest firms to hire and retain top portfolio managers, according to a report by Business insider.
Ryan Tolkin, CEO of multi-strategy hedge fund Schonfeld Strategic Advisors, has suggested that artificial intelligence could largely replace traditional data analyst roles within the industry, according to a report by eFinancial Careers
London-based multi-strategy hedge fund Capula has reported a decline in revenue and profits for the year ending 31 March 2025, prompting reductions in pay across the firm, according to a report by Bloomberg, citing recent financial filings.
Comerica shareholders have overwhelmingly approved the bank’s $10.9bn all-stock sale to Fifth Third Bancorp, brushing aside opposition from activist hedge fund HoldCo Asset Management, which had urged investors to reject the transaction, according to a report by Reuters.
Hedge fund Saba Capital Management, the largest shareholder in Edinburgh Worldwide Investment Trust PLC (EWI), has publicly challenged the trust’s board over a recent sell-down of its SpaceX stake, which Saba claims may have been timed to facilitate a proposed
Bridgewater Associates founder Ray Dalio has warned that the artificial intelligence-driven rally in technology stocks is entering the early stages of a bubble, cautioning investors after a third consecutive year of strong gains for US equities, according to a report
Edinburgh Worldwide Investment Trust (EWIT) has formally called on the UK’s Financial Conduct Authority (FCA) for intervention as tensions escalate with New York-based activist hedge fund Saba Capital Management, according to a report by The Times.
Hedge funds holding Venezuelan sovereign and state oil company debt – including Broad Reach and Winterbrook Capital – have recorded sharp gains after the country’s defaulted bonds surged following the US-led apprehension of President Nicolás Maduro, according to a report
Hedge funds sharply increased bullish positions on crude oil in the week before the US capture of Venezuelan President Nicolás Maduro, according to a report by Bloomberg citing data from teh Commodity Futures Trading Commission.
Michel Massoud’s London-based Melqart Asset Management is planning to open an office in Dubai, joining a growing wave of hedge funds establishing a presence in the Middle East, and the United Arab Emirates in particular. according to a report by
