Managers
Hedge funds drove the largest net-buying of Asian equities since 2016 last week, according to a report by Bloomberg citing a note from Goldman Sachs Group Prime Services, with optimism around AI infrastructure firms fuelling demand.
Employee compensation remained a significant cost drag at Citadel last year, even as returns moderated, highlighting the structural pressures facing large multi-strategy hedge funds competing aggressively for talent, according to a report by Bloomberg.
Activist hedge fund Sachem Head Capital Management increased its stake in Warner Bros Discovery during the fourth quarter, stepping up its exposure as takeover speculation and strategic uncertainty intensify around the media group, according to a report by Reuters.
Long-term shareholder Baillie Gifford has thrown its support behind CoStar Group as the real estate data provider faces mounting pressure from activist hedge funds led by Third Point and DE Shaw, according to a report by Bloomberg.
Hedge funds significantly increased bearish bets against Hims & Hers Health in January, just weeks before the online healthcare provider became embroiled in a legal and regulatory dispute with Novo Nordisk, according to a report by Reuters citing data from Hazeltree.
Leading hedge funds, including Point72, King Street Capital, Millennium and Schonfeld, are establishing standalone private credit businesses as investor appetite for the fast-growing asset class continues to surge, according to a report by Financial News London.
Global hedge fund portfolios showed signs of heightened volatility in January amid ongoing geopolitical tensions, major policy shifts, and energy market swings, according to the latest Crowdedness Report from Hazeltree.
Citadel has raised $1.25bn through a two-part US bond offering, conducted by Citadel Finance LLC, which included a three-year and a five-year fixed-rate note, with proceeds earmarked for debt repayment and potentially general corporate purposes, according to a report by Bloomberg.
Hedge funds are reversing bearish positions on the Japanese yen, ramping up bets on currency strength as the “buy Japan” trade gathers momentum and policymakers reiterate their readiness to intervene in foreign-exchange markets, according to a report by Bloomberg.
Citadel has accused former portfolio manager Daniel Shatz, now head of global credit at Marshall Wace, of violating employment agreements and misappropriating confidential information to set up a competing team, according to a report by Bloomberg.
