Managers
Britain’s water regulator, Ofwat, has come under fire over claims that it has allowed hedge funds and other creditors to assume control of Thames Water without a formal transfer of ownership, according to a report by the Financial Times.
Russell Clark, the prominent short seller who took a step back from the hedge fund world three years ago, is coming out of retirement to launch a new hedge fund, hoping to capitalise on the market turbulence caused by President Donald Trump’s re-election, according to a report by Bloomberg.
Russian President Vladimir Putin has authorised US hedge fund 683 Capital Partners to acquire Russian corporate securities from select foreign investors, marking a rare transaction amid ongoing geopolitical tensions, according to a report by Reuters.
Hedge fund short sellers have amassed a potential $16.2bn in profits as Tesla’s stock price has plummeted by 50% over the past three months, according to a report by the Financial Times citing data released by S3 Partners.
Global hedge funds are regaining their appetite for US equities, cautiously adding exposure after a significant selloff in Wall Street’s major indexes, according to a report by Reuters citing a client note from Goldman Sachs.
The rise of artificial intelligence in trading, led by Chinese hedge fund High-Flyer, has ignited a competitive AI arms race among mainland asset managers, potentially reshaping China’s $10tn fund management sector, according to a report by Reuters.
Newly revealed court documents indicate that FTX secretly liquidated $1.53bn worth of Three Arrows Capital (3AC) assets just two weeks before the crypto hedge fund’s 2022 collapse – challenging previous narratives that fund’s failure was market-driven, according to a report by CoinTelegraph.
Asset managers are ramping up bullish euro positions to a five-month high, while hedge funds are scaling back short bets, reflecting a significant shift in sentiment toward the European currency, according to a report by Bloomberg.
Hedge funds are positioning themselves for potential gains in Russian corporate bonds and the rouble, as speculation mounts that Donald Trump’s efforts to restore ties with Vladimir Putin could lead to a rollback of sanctions, according to a report by the Financial Times
Spruce Point Capital Management, a noted short-seller, has taken a bearish position in remittance provider Remitly Global, publishing a scathing short report this week that casts doubt on the company’s financial integrity and overall transparency, according to a report by Fortune.
