Managers
Two Sigma, a quant hedge fund with nearly $60bn in AUM, has put one of its researchers on leave after the employee tampered with the firm’s investment models, resulting in some clients losing money, according to a report by Bloomberg.
With supply and demand woes weighing heavily on agricultural pricing, hedge funds have upped their bearish bets on grain futures to the highest level seen since the early months of the pandemic, according to a report by Bloomberg.
Rithm Capital, the real estate investment firm looking to seal a deal to acquire Scupltor Capital Management, is sticking with its original offer for the business despite a an improved bid from a rival group led by Saba Capital boss Boaz Weinstein, according to a report by Reuters.
Odey Asset Management’s flagship European Inc hedge fund is to be relaunched at Bainbridge Partners with manager Freddie Neave joining the firm too, after talks over a transfer to Landseer Asset Management collapsed, according to a report by Bloomberg.
KCL Capital, the stock focused hedge fund firm founded by Point72 alumni Chris LaSusa and Kevin Cottrell has closed after nearly six years, with Cottrell moving to multi-strategy investment firm Balyasny Asset Management, according to a report by Bloomberg.
Ray Dalio has said he is focused on running his own investments via his family office and is not plotting a return to Bridgewater Associates, the hedge fund firm he founded back in 1975, according to a report by Business Insider.
Edinburgh-based fund Abrdn manager remains the fourth-most-shorted stock in the UK following disappointing results in August and has attracted the attention of two new short sellers, AHL Partners and Samlyn Capital, according to a report by CityWire.
The sell-side is increasing margin finance rates for hedge funds at a faster pace than rate rises, putting pressure on strategies and performance, the latest Acuiti Hedge Fund Management Insight report has found.
New hedge fund launches surged through mid-2023 as managers shifted the strategic growth focus to aggressive expansion of inflation trading teams in multi-strategy funds designed for and positioned to trade volatility driven by rising rates and generational inflation.
Hong-Kong-based alternative investment firm Olritz Financial Group, led by founder and investment fund manager Sean Chin, has joined the growing list of hedge fund firms establishing operations in the Middle East by opening a new office in the United Arab Emirates.
