Managers
Eric Jackson, the activist hedge fund investor known for his contrarian bets, is launching a digital-asset treasury company – EMJ Crypto Technologies – just as the corporate crypto-holding model faces a downturn, according to a report by Bloomberg.
Citadel, the hedge fund and financial conglomerate founded by Ken Griffin, is relocating its remaining Chicago staff from the iconic Citadel Center in the Loop to a smaller office north of the Chicago River, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Edinburgh Worldwide Investment Trust has called on shareholders to reject proposals from activist investor Saba Capital to replace members of its board, arguing that the trust has made progress and the change would create uncertainty, according to a report by CNBC.
Citadel founder Ken Griffin has warned that elements of the Republican policy agenda, including tougher immigration controls and tariffs, are contributing to inflationary pressures in the US, even as deregulation could ultimately help bring prices down, according to a report by Bloomberg.
Several biopharma-focused hedge fund firms have taken positions in a merger involving a special purpose acquisition company sponsored by life sciences investor Perceptive Advisors, according to a report by Institutional Investor.
By Nanette Abuhoff Jacobson, Multi-Asset Strategist and Adam Berger, CFA, Multi-Asset Strategist, Wellington Management – In 2026, we think economic and market conditions will make a compelling case for adding hedge funds to a traditional asset allocation mix. In particular, multi-strategy hedge funds and equity long/short hedge funds may help investors address the effects of three macro concerns: elevated inflation, rising volatility, and rich valuations.
Hedge fund billionaire Steve Cohen has won regulatory approval to develop one of New York City’s first full-scale casinos, marking a major milestone in his plans to transform the area surrounding Citi Field in Queens, according to a report by the Financial Times.
Bridgewater Associates has warned that the rapid expansion of artificial intelligence spending is entering a “dangerous” phase, as large technology companies increasingly rely on external capital to fund rising costs, according to a report by Reuters.
AQR Capital Management has staged a strong recovery, with assets under management climbing to $179bn and investment performance rebounding across strategies following a prolonged downturn for quantitative funds, according to a report by Bloomberg.