Managers
Hedge fund manager and Odey Asset Management founder Crispin Odey is set to contest a ban from the financial services industry and a £1.8m fine imposed by the UK regulator, with a tribunal hearing scheduled to begin this week in London, according to a report by The Times.
Hedge funds increased bearish positions on US equities last week as escalating geopolitical tensions and market volatility weighed on investor sentiment, according to a report by Bloomberg citing data from Goldman Sachs.
Situational Awareness, the hedge fund founded by ex-OpenAI researcher Leopold Aschenbrenner, is betting on electricity generators and crypto-miners as part of a broader strategy to profit from the race toward artificial general intelligence (AGI), according to a report by Fortune.
Escalating geopolitical tensions in the Middle East are rattling one of the hedge fund industry’s most widely used options strategies, raising concerns that a sudden spike in volatility could trigger broader market disruption, according to a report by Bloomberg.
Macro hedge funds are finding it increasingly difficult to maintain diversified portfolios as escalating tensions in the Middle East drive correlations higher across global markets, according to a report by Financial News London.
Activist hedge fund Saba Capital Management and Cox Capital Partners have launched a cash tender offer to acquire up to 5% of the outstanding shares of Starwood Real Estate Income Trust (SREIT), at a discount of more than 20% of the funds most recent stated value.
STG Group, a multi-asset trading firm specialising in systematic and quantitative strategies, and an affiliate of quantitative hedge fund Squarepoint Capital, is launching a new electronic market-making business, STG Securities.
Emerging markets could enter a “virtuous feedback loop” as economic conditions increasingly converge with developed economies, even as escalating conflict in the Middle East unsettles global investors, according to DoubleLine Capital.
Hedge fund SummitTX Capital, managing over $3bn in assets, has signed an 11-year lease for the entire 19th floor of 560 Lexington Avenue in New York City, which comprises 17,778 sq ft, a big increase from it’s current 7,000 sq ft at 75 Rockefeller Plaza, according to a report by Commercial Observer.
Hedge funds may soon deploy fleets of artificial intelligence agents to dramatically expand research capacity and stock coverage, according to a report by Bloomberg citing Divya Nettimi, founder of New York-based hedge fund Avala Global.
