Latest News
Elliott Investment Management’s campaign at Southwest Airlines is emerging as one of the more successful activist investments in the airline industry, with the carrier significantly outperforming both rival activist-backed JetBlue and the broader US equity market since the hedge fund disclosed its stake, according to a report by Bloomberg.
Coatue Management suffered its steepest monthly decline in more than a year in July, as the sharp sell-off in artificial intelligence and semiconductor stocks weighed heavily on the technology-focused hedge fund, according to a report by Bloomberg.
AQR Capital Management’s rapid rise to become the world’s largest hedge fund manager has been driven not only by investment performance but also by surging demand for sophisticated tax-aware investment strategies among wealthy individuals, according to a report by Bloomberg.
The Japanese yen surged on Monday, extending last week’s sharp gains as traders and hedge funds continued to unwind bearish positions amid growing expectations that Japanese authorities could intervene again to support the currency, according to a report by Reuters.
Jefferies’ Point Bonita Capital fund is facing renewed scrutiny after launching a review of its exposure to iron ore trader Radiant World, adding to the challenges surrounding a strategy that is already in the process of winding down following heavy investor redemptions, according to a report by Bloomberg.
Hedge funds increased their bullish positions in crude oil at the fastest pace since March, even as oil prices fell sharply on Monday after signs of renewed diplomatic efforts between the US and Iran eased concerns over global energy supplies, according to a report by Bloomberg.
South Korean equities fell sharply on Monday as investors took profits in semiconductor stocks following last week’s historic rally, with hedge funds and other leveraged investors reducing exposure after a period of extreme market volatility, according to a report by Bloomberg.
Citadel’s acquisition of a discounted equity portfolio from embattled AI-focused hedge fund Situational Awareness is the latest example of founder Ken Griffin capitalising on periods of market stress, reinforcing a strategy that has repeatedly generated returns during hedge fund dislocations, according to a report by Reuters.
The semiconductor trade that has dominated equity markets this year has entered a far more volatile phase, forcing hedge funds and institutional investors to reassess one of the market’s most crowded AI-driven themes, according to a report by Bloomberg
Leopold Aschenbrenner has told investors that his AI-focused hedge fund, Situational Awareness, will no longer use bank borrowing to finance its investment positions following the fund’s sharp July drawdown, according to a report by the FT.
