Hedge funds have raised their exposure to artificial intelligence-linked technology hardware to the highest level since Goldman Sachs began tracking the data in 2016, according to a report by Bloomberg citing a client note from the bank.
Hedge funds were wrong-footed by last week’s oil rally after building record short positions in Brent crude just before fresh US sanctions on Russian energy giants sent prices soaring, according to a report by Bloomberg citing data from ICE Futures
Bill Ackman’s Pershing Square Holdings Ltd has returned to the US investment-grade market for the first time since 2021, raising $500m through a new seven-year dollar bond issued on Thursday, according to a report by Bloomberg.
Short sellers across Europe took a hit on Thursday as several of the region’s most heavily shorted stocks — including Kering SA, Volvo Car AB, Rentokil Initial Plc, Metso Oyj, and Nokia Oyj — surged sharply following better-than-expected quarterly results,
Institutional investors remain largely unconvinced by crypto hedge fund strategies, according to Man Group and LGT Capital Partners, who say the asset class still carries more operational risk than reward, according to a report by Bloomberg.
Short sellers are beginning to unwind positions against some of the largest publicly listed US business development companies after a sharp selloff in the sector delivered $127m in profits over the past month, according to a report by Bloomberg citing
London-based activist hedge fund Palliser Capital has publicly called on LG Chem to address what it sees as a significant market undervaluation, after revealing a stake of over 1% in the South Korean chemical and battery materials company, according to
London-based Nickel Digital Asset Management, Europe’s leading regulated and award-winning digital assets hedge fund manager, has stepped up its role as an allocator to globally located trading teams (pods) as it looks to enhance investor returns
Dubai-based Magellan Capital Limited has been cleared by the Dubai Financial Services Authority following a months-long investigation into the hedge fund startup, the firm has confirmed, according to a report by Bloomberg.
Activist hedge fund Jana Partners has revealed a 9% stake in Six Flags Entertainment and is joining forces with NFL star Travis Kelce to pressure the amusement park operator to overhaul its marketing and customer experience strategy, according to a
