Managers
Robert Citrone, founder of Discovery Capital Management and a member of the famed “Tiger Cub” group of hedge fund managers, is bracing for a stock market correction by significantly cutting his firm’s equity exposure, according to a report by Institutional Investor.
Ray Dalio, founder of hedge fund major Bridgewater Associates, has issued a stark warning about the state of US government debt, calling for urgent action to reduce the budget deficit to avoid catastrophic economic consequences, according to a report by CNBC.
Elliott Investment Management has expanded its stake in US refiner Phillips 66 to more than $2.5bn, renewing its call for significant operational changes, including the sale or spin-off of the company’s midstream business, according to a report by Reuters.
London-based hedge fund Qube Research & Technologies (QRT) is building a high-tech data centre in Akureyri, Iceland, to boost its ability to analyse huge amounts of data as it bids to identify market discrepancies and profit from them, according to a report by Reuters.
Hedge funds turned bullish on US stocks last week, marking a notable reversal from the previous five weeks of selling, ramping up their buying at the fastest pace since November, according to a report by Bloomberg citing a Goldman Sachs prime brokerage report.
Ken Griffin, the founder of multi-strategy hedge fund major Citadel and market maker Citadel Securities, has issued a stark warning about the potential economic fallout from President Donald Trump’s aggressive tariff policies, according to a report by the Daily Mail.
Hedge fund investors are increasingly seeing their returns whittled away by the controversial ‘passthrough fee’ structure that allows firms to pass along nearly any expense, according to a report by Bloomberg.
Appaloosa Management, the hedge fund firm founded by David Tepper, significantly increased its stakes in China-related stocks and exchange-traded funds last quarter, ahead of the recent AI-fuelled rally in the country’s equity markets, according to a report by Bloomberg.
US activist hedge fund Whitebox Advisors has intensified its opposition to the debt restructuring plan proposed by Austrian motorcycle maker KTM AG, accusing the company of employing “delaying tactics” to sideline its alternative proposal, according to a report by Bloomberg.
Global hedge funds are increasingly buying Chinese stocks, with the pace accelerating significantly in early February, fuelled by the emergence of DeepSeek, a homegrown Chinese artificial intelligence startup, according to a report by Reuters.
