Managers
Fixed income markets are increasingly positioning for a more hawkish Federal Reserve, with derivatives activity suggesting investors are preparing for one or more interest-rate increases before the end of the year and potentially as soon as September, according to a report by Bloomberg.
Activist investor Jana Partners has urged payments and financial technology provider Fiserv o accelerate portfolio rationalisation efforts and strengthen its board with directors possessing deeper banking software and payments expertise, according to a report by Reuters.
Magnetar Capital is preparing to launch a new investment fund that will rely on artificial intelligence agents rather than traditional teams of research analysts to identify and evaluate investment opportunities, according to a report by Bloomberg.
Amitis Capital Digital provides diversified exposure to leading opportunities across the digital assets ecosystem. Chief Strategy Officer Adil Abdulali outlines how the strategy aims to capture both market beta and differentiated alpha by allocating to a curated portfolio of best-in-class digital asset managers.
Hedge funds significantly increased their exposure to global equities in the days leading up to Friday’s sharp market decline, according to a report by Bloomberg citing new positioning data from Goldman Sachs’ prime brokerage business.
Situational Awareness, the hedge fund founded by 24-year-old former artificial intelligence researcher Leopold Aschenbrenner has grown to more than $20bn in assets under management less than two years after launch, according to a report by the Wall Street Journal.
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX and hedge fund Alameda Research, has submitted a formal request for a presidential pardon from US President Donald Trump, according to a report by Bloomberg citing records from the US Department of Justice’s Office of the Pardon Attorney.
DE Shaw has joined a growing number of hedge funds expanding incentive structures that encourage employees to reinvest performance-linked bonuses back into in-house investment products, as competition for talent intensifies across the industry, according to a report by eFinancial Careers.
Concerns are mounting that increasingly crowded positioning among hedge funds could amplify losses in the event of a broader market downturn, following Friday’s sharp equity sell-off that interrupted a prolonged rally driven by AI-related trades, according to a report by Bloomberg.
Partners Group co-founder Alfred Gantner has dismissed recent criticism from short-seller Grizzly Research and described the sharp decline in the firm’s share price as an excessive market reaction driven by misinformation and broader sector concerns, according to a report by Bloomberg.
