Latest News
Cantor Fitzgerald is seeking to adjust the terms of its acquisition of UBS’s O’Connor hedge fund unit following significant losses tied to the bankruptcy of First Brands Group, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Hedge funds posted strong gains in September, extending a five-month streak of positive performance, driven by macro and quantitative trend-following CTA strategies, according to the latest data from hedge fund index and analysis specialist HFR.
Crypto hedge fund XWIN Finance has projected that ether could climb to $10,000 in the current cycle, citing macro liquidity conditions as a key driver alongside protocol developments, according to a report by CryptoNews.
EDL Capital, the London-based global macro hedge fund led by Edouard de Langlade, has posted a 29.9% return year-to-date through September, putting it on track for its strongest annual result to date, according to a report by Reuters.
Digital asset investment products attracted a record $5.95bn of inflows last week, driven by a delayed response to weak employment data, and concerns over US government stability, according to a the latest Digital Asset Funds Flows Weekly Report from CoinShares.
Brevan Howard Asset Management, the $34bn global macro hedge fund, has hired Rajesh Venkataramani, a former partner at Goldman Sachs, for a senior investment position, according to a report by Bloomberg citing unnamed sources familiar with the matter.
George Klavdianos, a senior credit portfolio manager at multi-strategy major Millennium Management, has exited the firm to pursue plans for his own hedge fund, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Systematic hedge funds have endured one of their toughest starts to a month in nearly two years, with daily losses recorded across the first week of October, according to a report by Reuters citing a client note from Goldman Sachs.
Macro hedge funds were heavily active in yen trading on Monday, with a significant portion of flows reflecting a “mass square-up” of bullish positions rather than the initiation of new bearish bets, according to a report by Bloomberg citing traders at Nomura International and Citigroup.
The University of North Carolina Investment Fund, which manages the $12.2bn endowment for UNC Chapel Hill and affiliated campuses, posted a 11.6% return for the fiscal year ended 30 June, driven in part by strong performances from its hedge fund investments, according to a report by Pensions & Investments Online.
