Flows
Hedge funds have significantly increased their stakes in US bank stocks, signalling strong confidence in the sector’s continued rally, boosting their exposure to financial firms by 50% to a combined $340bn, according to a report by Bloomberg citing 13F filings.
Hedge funds were net sellers this week, reducing their exposure primarily in Industrials, Technology, and Energy sectors, while increasing their positions in Health Care and Consumer Discretionary, according to Investing.com, citing a report by Citi.
Hedge funds have turned bullish on the dollar-yen, with many rushing into positions that expect the currency pair to rise by as much as 5% in the coming months, according to a report by Bloomberg UK.
Hedge funds and money managers have flocked to Argentine markets in 2024, betting on President Javier Milei to breathe new life into the country’s ailing economy, according to a report by Wall Street journal.
As the festive trading period draws to a close, investor focus has turned to the highly anticipated retail performance updates in early January, with hedge funds eyeing the retail sector for potential profits after warnings of “disastrous” pre-Christmas trading conditions, according to a report by the Financial Times.
Investment advisers are expected to surpass hedge funds as the largest holders of US-listed spot bitcoin (BTC) exchange-traded funds (ETFs) in 2025, according to a report by CoinDesk citing CF Benchmarks.
Action is needed to address the systemic barriers that crypto-focused hedge fund managers face in accessing crucial banking services, according to the Alternative Investment Management Association (AIMA), a global organisation representing the alternative investment industry.
Hedge funds have sharply increased their bullish positions on US crude oil, driven by the potential for sanctions on Iranian and Russian oil, as well as the likelihood of additional economic stimulus from China, according to a report by BNN Bloomberg.
Bitcoin’s recent surge to over $107,000 and its 150% year-to-date gain are driving a significant rise in enquiries from new investors, according to digital assets hedge fund firm Nickel Digital Asset Management.
Hedge fund performance rallied by 2.4% in November 2024, following a down month in October, according to the latest Monthly Hedge Fund Update from Citco, achieving an overall weighted average return of 13.3% in 2024 to date.
