Managers
Hedge funds have ramped up their bearish positions, selling more stocks than they bought by the largest margin in a year, according to a report Reuters citing data from Goldman Sachs covering the period from 21-27 February.
Sylebra Capital, the Tiger Grandcub hedge fund led by Dan Gibson, has suffered a sharp downturn following an impressive 27.2% gain by April 2024, to finish the year with only a 7.8% gain in its main fund, Sylebra Bell, according to a report by Institutional Investor.
Manager Q&A | Frederic Guibaud (pictured) began his finance career in the late 1990s. Over the years, he has held roles as a banker, real estate analyst, and country head of Switzerland for DPAM. In 2016, he co-founded AlphaBee Invest SA, followed by AlphaBee Asset Management Fund in 2017, where he now serves as director. With 2025 off to a turbulent start, Guibaud shares his take on the market.
Abu Dhabi’s financial hub, Abu Dhabi Global Market, reported a 32% increase in company registrations last year, fuelled by an influx of hedge funds, asset managers, and other investment firms seeking to establish a presence in the Middle East, according to a report by Reuters.
Frankfurt-based Prime Capital AG has posted its strongest performance in the absolute return segment since 2009, with its fund of hedge funds strategies delivering substantial gains independent of equity and credit market fluctuations.
Shares in Man Group, the world’s largest publicly traded hedge fund, jumped nearly 5% following the release of strong profit figures, despite ongoing challenges in some of its key investment strategies, according to a report by the Financial Times.
After years of turmoil, hedge funds, including Shanghai Chongyang Investment Management and Golden Nest Capital, are beginning to bet on a sector-wide turnaround in China’s long-suffering property market amid improving fundamentals and government support, according to a report by Reuters.
Activist hedge fund Starboard Value delivered less than 5% in returns last year, significantly trailing its peers as high-profile campaigns at companies including News Corp and Pfizer struggled to gain traction, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Activist investor Nelson Peltz’s Trian Fund Management is advocating for further business separations at Solventum following the company’s recent $4.1bn sale of its filtration unit, according to a report by the Wall Street Journal citing unnamed sources familiar with the matter.
Balyasny Asset Management is raising $350m for its first-ever dedicated venture capital fund, marking a strategic push into growth-stage enterprise tech startups, according to a report by PitchBook citing sources familiar with the matter.
