Latest News
David Einhorn, founder and president of hedge fund Greenlight Capital, is doubling down on gold and inflation-linked trades, citing persistent fiscal irresponsibility and long-term macroeconomic risks as tailwinds for defensive positioning, according to a report by CNBC.
Trading Technologies International, a global provider of capital markets technology solutions, has launched TT Strategy Studio, a multi-asset algorithmic trading platform for institutional trading firms, hedge funds, quantitative firms, and energy companies.
Bill Ackman is stepping down from the board of Universal Music Group (UMG), signalling a strategic shift at Pershing Square Holdings, which has reduced its once-dominant stake in the global music label behind artists including Taylor Swift and Lady Gaga, according to a report by the Wall Street Journal.
Hedge funds bought US equities for only the third time this year last week, marking a cautious shift in positioning amid sustained bullishness from retail investors, according to a report by Investing.com citing data from Bank of America Securities.
Jens Nordvig, CEO of Exante Data, believes that the dollar’s recent rebound following the easing of US-China trade tensions is short-lived, and is predicting the start of a multiyear bear market for the greenback, according to a report by Bloomberg.
Toronto-based multi-strategy hedge fund manager Polar Asset Management Partners has acquired Castlefield Associates, a relative-value, systematic futures-focused hedge fund, in a move that bolsters its quantitative investment footprint, according to a report by Pension & Investments.
GFO-X, a UK FCA-regulated, London-based trading venue for digital asset derivatives, has officially launched, executing its first institutional trade between market makers Virtu Financial and IMC.
Hedge funds saw modest gains in April, with the SS&C GlobeOp Hedge Fund Performance Index showing a 0.46% return for the month. The SS&C GlobeOp Capital Movement Index, a gauge of hedge fund flows, saw a notable increase of 0.86% in May
Avantyr Capital Partners, the hedge fund launched by former Viking Global Investors Chief Investment Officer Ning Jin, is expected to surpass $1bn in assets at launch, making it one of the largest hedge fund debuts of the year, according to a report by Bloomberg.
A group of hedge funds, including AQR Capital Management, DRW Commodities LLC, and Pala Investments Ltd, have withdrawn their compensation claims against the London Metal Exchange over its handling of the 2022 nickel crisis, according to a report by Bloomberg.
