Managers
Ken Griffin, founder and CEO of hedge fund giant Citadel, has cautioned that the Trump administration’s trade policies and rhetoric risk undermining the credibility of the US Treasury market — a cornerstone of global finance – according to a report by Reuters.
Ukraine and a group of creditors led by hedge funds Aurelius Capital Management LP and VR Capital Group have failed to agree on the restructuring terms for $3.2bn worth of debt linked to economic growth, ahead of next month’s payment, according to a report by Bloomberg.
Elliott Investment Management has opened a significant short position against copper mining major Antofagasta, betting £79m on a decline in the FTSE 100 group’s share price, according to a report by The Times citing recent disclosures with the UK’s Financial Conduct Authority.
Bridgewater Associates’ three Co-Chief Investment Officers have issued a stark warning to investors, flagging “exceptional risks” to US assets as the Trump administration embraces a sharp pivot toward modern mercantilism and “America First” trade policies, according to a report by Reuters.
Veteran hedge fund manager and activist investor Jeff Ubben, the founder of Inclusive Capital Partners, is calling on Corbion NV to launch a strategic review and consider breaking up its business, according to a report by Bloomberg.
A group of hedge funds holding Ukraine’s GDP-linked warrants, including Aurelius Capital Management and VR Capital Group has entered restricted talks to renegotiate a $500m payment due at the end of May, according to a report by Bloomberg.
Activist hedge fund Elliott Management is turning up the pressure on BP, calling for a dramatic tightening of capital discipline and a sharper focus on free cash flow generation, as it raises its stake in the UK energy giant to over 5%, according to a report by the Financial Times.
Hedge funds are aggressively unwinding positions in consumer discretionary stocks, signalling rising concerns about a potential economic slowdown in 2025, according to a recent Goldman Sachs prime brokerage note seen by Reuters.
Hedge funds pared back their exposure to the ‘Magnificent Seven’ tech megacaps to the lowest level in two years last week, signalling a sharp tactical retreat ahead of a high-stakes earnings season, according to a report by Reuters citing a client note from Morgan Stanley.
Affiliated Managers Group has taken a minority stake in Verition Fund Management, one of the hedge fund industry’s fastest-growing multi-strategy managers, according to a report by Bloomberg citing an internal statement confirming a ‘definitive agreement’ between the two firms.
