Ken Griffin, CEO of hedge fund giant Citadel, has urged US President Donald Trump to ensure the Federal Reserve remains independent from the White House, amid speculation over who will succeed Jay Powell as Fed chair next May, according to
Hedge fund billionaire Steve Cohen has won regulatory approval to develop one of New York City’s first full-scale casinos, marking a major milestone in his plans to transform the area surrounding Citi Field in Queens, according to a report by
Bridgewater Associates has warned that the rapid expansion of artificial intelligence spending is entering a “dangerous” phase, as large technology companies increasingly rely on external capital to fund rising costs, according to a report by Reuters.
AQR Capital Management has staged a strong recovery, with assets under management climbing to $179bn and investment performance rebounding across strategies following a prolonged downturn for quantitative funds, according to a report by Bloomberg.
Hedge funds pared back exposure to technology stocks in Japan and Hong Kong last week, positioning ahead of a subsequent sell-off in both markets, according to a report by Bloomberg citing a client note from the prime brokerage division at
Hedge funds including Balyasny, Jain Global, and Qube, are increasingly turning to physical commodities markets to diversify returns, deepening their exposure beyond traditional derivatives, according to a report by the Financial Times.
Dubai’s status as a global hedge fund hub continues to strengthen, with the number of hedge funds operating in the Dubai International Financial Centre (DIFC) exceeding 100 for the first time, according to a report by Bloomberg.
A growing number of hedge funds – including Elliott Investment Management, Man Group and an AQR Capital Management affiliate – are returning to appraisal arbitrage, a strategy that challenges M&A deal prices in Delaware’s Chancery Court in pursuit of higher
Blockstream Capital Partners is expanding its institutional investment platform with the acquisition of Corbiere Capital Management, a Jersey-based equities and event-driven hedge fund firm founded by former BlueCrest CIO Rodrigo Rodriguez.
Hedge fund investors holding Brightline’s $1.1bn corporate debt are preparing a restructuring plan that could give them priority over other creditors while providing new financing to the struggling high-speed rail project, according to a report by Bloomberg.
