Latest News
3iQ, the digital asset manager backed by Japan’s Monex Group, has appointed hedge fund veteran Tommaso Mancuso – former CIO at London-based global macro firm Shikuma Capital – as its new Global Head of Investments.
TOP STORY: Bridgewater Associates’ flagship Pure Alpha fund gained 17% in the first half of 2025, outperforming the broader hedge fund industry amid a volatile macro backdrop, according to a report by Reuters citing an unnamed source familiar with the firm’s performance.
Hedge funds ramped up purchases of US bank stocks at the fastest pace in nearly a decade last week, betting the sector’s historic rally still has room to run, according to a report by Bloomberg citing prime brokerage data from Goldman Sachs.
The MFA, a representative body for the alternative asset management industry has appointed Nicolò Bertoncello as Vice President, Head of EU Government Affairs. Based in Brussels, Bertoncello will lead MFA’s advocacy and engagement with EU institutions and member states.
Quant equity specialist Harindra de Silva, along with longtime colleagues Ryan Brown and David Krider, has joined AJO Vista, the boutique quant firm led by founder Ted Aronson, according to a report by Pensions & Investments Online.
Digital asset investment products saw attracted totalling US$2.7bn last week, the 11th consecutive weeks of inflows, bringing H1 totals close to last year’s total of $17.8bn, according to a the latest Digital Asset Fund Flows Weekly report from CoinShares.
The US Supreme Court has agreed to hear a pivotal case that could reshape how activist hedge funds challenge corporate governance practices in closed-end funds – with potentially far-reaching consequences for controlling shareholders and fund sponsors, according to a report by Bloomberg.
Hedge fund ASL Strategic Value Fund is calling for a board shakeup at Avadel Pharmaceuticals, accusing the company of mismanaging the rollout of its narcolepsy drug Lumryz and squandering a significant commercial opportunity, according to a report by Reuters.
Lamb Weston has reached a settlement with activist hedge fund Jana Partners, granting the investor significant influence over the frozen potato giant’s board and avoiding a potentially contentious proxy battle, according to a report by Reuters.
Hedge funds offloaded energy stocks at the fastest pace since September 2024 – and the second quickest rate in the past decade – last week, as crude oil prices dropped sharply following easing geopolitical tensions in the Middle East, according to a report by Reuters.
