Managers
Millennium Management has made its first-ever allocation to a South Korean hedge fund manager, entrusting $250m to Seoul-based Billionfold Asset Management in a separately managed account focused on Korean equities, according to a report by Bloomberg.
Rokos Capital Management, the $22bn macro hedge fund founded by Chris Rokos, is set to open a new office in Abu Dhabi in early 2026 as it expands its global footprint and taps into the Middle East’s growing investor and talent base, according top a report by Bloomberg.
Brunei’s sovereign wealth fund has deepened its ties with Bridgewater Associates, shifting capital from one of the hedge fund’s investment vehicles to acquire a nearly 20% stake in its parent holding company, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Honeycomb Asset Management is winding down most of its public equities portfolio and returning capital to investors, as the firm’s founder David Fiszel takes a cautious stance on today’s frothy market environment, according to a report by Bloomberg.
Hedge funds are retreating from US equities, paring back exposure for a fourth consecutive week amid persistent trade war uncertainty and stretched valuations, according to a report by Bloomberg citing a note from the prime brokerage union at Goldman Sachs.
BP is preparing to provide a crucial update on its $5bn cost-cutting programme on Tuesday, as activist hedge fund Elliott Management intensifies its campaign for deeper restructuring, according to a report by the Financial Times.
Pierre Andurand, the high-profile commodities hedge fund manager best known for his bold oil market calls, is scaling back his exposure to cocoa after a volatile and costly detour into the market led to deep losses across his funds, according to a report by Bloomberg.
Chris Rokos is the latest high-profile hedge fund manager to join the growing cohort of macro and multi-strategy firms returning capital to investors, as Rokos Capital Management looks to cap its assets under management at $20bn, according to a report by Bloomberg.
Hedge funds sharply increased their long positions in crude oil last week, seizing on geopolitical tensions as Donald Trump escalated pressure on Russia – a move that raised concerns about supply disruptions and fuelled a rally in oil markets, according to a report by Bloomberg.
Hazeltree, the treasury and liquidity management platform widely used by hedge funds and private market firms, has partnered with institutional cash investment platform TreasurySpring to integrate fixed-term investment products directly into its system.
