Managers
Ray Dalio, the founder of Bridgewater Associates – the world’s largest hedge fund – is preparing to open a new family office in Riyadh, Saudi Arabia, according to a report by the New York Post citing unnamed sources familiar with the matter.
Hedge funds, including ex-Credit Suisse star trader Hamza Lemssouguer’s Arini, are making a push into the $1.3tn US collateralised loan obligation (CLO) market, unveiling debut vehicles and stepping up competition for scarce leveraged loan supply, according to a report by Bloomberg.
Hedge funds ramped up bullish positions on Brent crude last week to their highest level in over a month, as a temporary easing of US-China trade tensions renewed investor optimism across the commodity complex, according to a report by Bloomberg.
Daniel Loeb’s hedge fund Third Point has disclosed significant positions in US Steel and Kenvue, signalling potential activist interest in two companies currently under strategic and regulatory pressure, according to a report by Reuters.
Speaking at the Sohn Investment Conference in New York, Discovery Capital founder and macro hedge fund manager Rob Citrone highlighted Mexico’s America Movil as his top stock choice, citing the company’s broad exposure across Latin America, according to a report by Reuters.
In a significant portfolio overhaul during Q1, Michael ‘Big Short’ Burry’s Scion Asset Management almost liquidated its entire listed equity holdings while simultaneously increasing bearish wagers on Nvidia and key Chinese technology stocks, according a report by Bloomberg.
Activist hedge fund H Partners is claiming a partial victory in its campaign to force change at Harley-Davidson, despite the re-election of three incumbent board members at the firm’s annual meeting, according to a report by Bloomberg.
Hedge fund Fermat Capital Management is forecasting a 20% expansion in the catastrophe bond market in 2025, as institutional and retail investors increasingly allocate to insurance-linked securities (ILS), according to a report by Bloomberg.
David Einhorn, founder and president of hedge fund Greenlight Capital, is doubling down on gold and inflation-linked trades, citing persistent fiscal irresponsibility and long-term macroeconomic risks as tailwinds for defensive positioning, according to a report by CNBC.
Bill Ackman is stepping down from the board of Universal Music Group (UMG), signalling a strategic shift at Pershing Square Holdings, which has reduced its once-dominant stake in the global music label behind artists including Taylor Swift and Lady Gaga, according to a report by the Wall Street Journal.
